Human Protocol Joins Hands With Elrond Blockchain Network

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The Revolutionary Human Protocol is completely changing the interaction between humans and machines. The Protocol is specifically engaged in designing and conceptualizing new-age artificial intelligence (AI) capabilities through raw data annotation of humans. It is based on the labor marketplace and works on the technology of open ledger. 

On the platform, data seekers generate tasks solutions of which require a considerable reasoning ability of humans. In response to these tasks, workers come up with a solution and, in the process, get a chance to win a native token of the Protocol, the HMT. 

Human Protocol is already working with a well-known application for blocking the bots on the internet, hCaptcha. The application is the most preferred application on the internet as it comes equipped with a number of distinctive aspects, including paying to websites whose visitors successfully complete the security aspect of CAPTCHA. 

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Human Protocol has quickly diversified to multi-blockchain capability after making its debut on Ethereum. Now the high throughput requirement of the Protocol will get the support of the Elrond Network, thanks to the association announced between Protocol and Network. 

Elrond Network is one of the fastest and most scalable blockchains available in the market today, with a processing capacity of 15000 TPS (transactions per second). The capacity can be easily enhanced up to 100000 TPS thanks to the use of Sharding Technology, which enables quick and swift scaling. New Shards can be added to the blockchain, each with an additional processing capability of 5000 TPS. No wonder most crypto experts are bullish on the Elrond price forecast.  

Some other key features of Elrond Network include its cost-effective nature, feature-rich module, and ultra-secure trust layer that offers superior safety and security capabilities to transactions. The Protocol and network will specifically focus on developing the tools and techniques for streamlining and fast processing the data on the blockchain. This will work across the globe to select the task and get rewarded for offering the solution seamlessly.

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Scott Cook

Scott Cook got into crypto world since 2010. He has worked as a news writer for three years in some of the foremost publications. He recently joined our team as a crypto news writer. He regularly contributes latest happenings of crypto industry. In addition to that, he is very good at technical analysis.

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