Hapi

About Hapi

HAPI: Onchain Cybersecurity Protocol for DeFi projects. HAPI is a one-of-a-kind decentralized security protocol that prevents and interrupts any potential malicious activity within the blockchain space. HAPI works by leveraging both external and off-chain data as well as on-chain data accrued directly by HAPI and is publicly available. One can imagine HAPI being an all-encompassing, overarching protocol that combines crypto intelligence data from multiple sources allowing the most accurate information on malicious activity, and compromised wallets. HAPI is the only crypto cybersecurity solution that can be integrated into DEXes and DeFi protocols preventing Money Laundering by projects embedding/calling HAPI Smart Contracts and checking each transaction via the database. Tracking Within Blockchain and DLT. There is an erroneous assumption that Blockchain, specifically Bitcoin, transactions are beyond the reach of tracking and deanonymization. This, however, has been demystified by a broad range of papers that go into details about how these transactions can be identified and even the identity of users potentially being surfaced. Incidentally, even so-called privacy tokens can to some extent be traced back and subjected to the same fate as Bitcoin. Dash is one of the most well-known privacy-related forks of Bitcoin that claims to have a robust unidentifiable transaction path. In simplified terms, there is a combination of transactions when each sender issues one. By creating a single transaction and obfuscating each sender in particular, Dash claims to have a solid foundation of privacy and an identity concealment solution. Recent research examining the validity of privacy of Dash has been conducted, showing that the hidden recipient address can in fact be disentangled and such links can be created on the basis of the value being transacted. Monero’s intricate use of mixing can in fact obfuscate the destination of the transaction. One of the usages of Monero then is to muddle the retroactive path of the transaction and make it impossible to follow the lead. Nevertheless, Monero also suffers from potential deanonymization and users disregarding mix-ins or exploiting inferences about the age of the coins used as mix-ins. Zcash also represents one of the mainstays of privacy coins. Zcash uses a shielded pool hiding in the transaction the values and addresses of senders and recipients. It is possible though to if not completely strip the anonymity layer but substantially reduce its efficacy by identifying links between concealed and partly hidden transactions. The objective of this paper, however, is not to debase the privacy value of cryptocurrency but instead showcase the readability of blockchain solutions that would enable a decentralized equivalent of security and compliance to be enacted. One of the actuators for this lies deep in the design of blockchain - distributed ledger. Distributed ledgers have allowed an unprecedented intersection of publicly available messages that coincidentally safeguard private and sensitive data such as identity, geolocation, and destination of the transaction. It is a permissionless, ungoverned, and fully self-sufficient storage that subsists on the activity within it. This embedded notion of openness paradoxically becomes the guarantor of the veracity of the whole system and essentially is the core element of blockchain technology. Unlike the centralized renditions, DLT is impossible to tamper with by the nature of the peer-to-peer design of the technology in question. Public Ledgers made it possible to unite transparency and security while shifting the base framework of the process behind the scenes, eliminating intermediaries, and in some cases even cheapening the cost of an operation. Despite the robustness of the distributed ledger technology and its irrefutable quality of security and invulnerability to outside manipulation, there is still a myriad of methods utilized that are employed in order to undermine the rigidity aspect, not of the entire technology but rather individuals actively interacting within it. Specifically, Blockchain being codified and secured by the cryptographic hash functions is impenetrable to simple brute hacking attempts that are focused on deciphering it. Bypass approaches on the other hand can be manifold. Ranging from social engineering, wallet fishing, and negligence, to more sophisticated exploits via smart contract backdoor techniques. In this vein when talking about the security of the network it is essential to consider the outer layer of confidentiality, soundness of code, and absence of malevolently hidden loopholes or backdoors. “Traffic analysis” or tracing of the activity on the public ledger of an individual wallet address can be leveraged effectively with the help of innate openness of transactional activity without impinging on the ironclad ideals of decentralized infrastructure and abiding by the privacy conformity of each player in the system. In the traditional cyber security field traffic analysis is the first stepping stone employed that enables and lends a fairly accurate representation of chronology and history of transactional intersections of a particular player. Logically, this basic method can seamlessly be translated into the blockchain realm and even arguably instated much more relevantly because of the above-mentioned "publicness" of the ledger. HAPI - Core of Decentralized Cybersecurity, HAPI is an autonomous, and decentralized standard that assumes the role of ungoverned equivalent of centralized solutions that are absent from the contemporary blockchain sphere. Specifically targeting the most controversial moot points and comments on blockchain technologies and decentralized applications lacking in reliant measures against money laundering, high risk-exposing investment in unreliable ventures, and general apprehension around the vulnerability of the applications built on various blockchains. The cascading expansion of the digital currency market, as well as incessant growth of adoption in the coming years, evince the need for a non-governmental but trustworthy institution of analogous security solution that in the event of unexpected malicious activity is able to actively react and mitigate, alleviate or completely preclude from happening the loss of funds. The solution HAPI presents is of paramount importance for two reasons: lack of openly distributed SaaS security measures in crypto, and decentralized community-dependent voting system that defines the axis of governance, and provisions of the database. The database is crucial for HAPI protocol and its long-term growth because it will allow HAPI to be constantly front-running fraudulent activity and notify those in the system about potential dangers. Anyone can submit an illicit address into the database thus contributing to the overall “secureness” of the space. This formula is further incentivized by rewarding participants with respective native tokens of the HAPI Protocol. Practically, HAPI emboldens and encourages even uninitiated but affected people to take part in preserving a certain level of security and cybersecurity-proofness of the digital asset medium. In essence, the “collaboration of everyone” will theoretically not only create a safer environment but also will become a tremendous catalyst of awareness about cybersecurity in general. This concept is buttressed by our vision of simplifying the way people report malfeasance and malicious activity. We aspire to design a straightforward and credence-backed consortium that will be open for those willing to partake and vote in the democracy-driven modus operandi. We also realize the obstacles in our way to creating an efficacious cybersecurity protocol whilst retaining the decentralization and non-custodial nature intact. In order to achieve that, we need to abstain from directly exposing the identity of a perpetrator even if it means, in some regards, non-compliance to regulations. The glaring issue of the centralized attempts at apprehending and halting unsanctioned or malicious fund turnover is the palpable focus on deanonymization. On the basis of deanonymization being a critical detriment to decentralization, it would be morally reproachable for a project built on these tenets to disregard them. Therefore, HAPI aims at retaining these crucial components and staying truthful to the anonymity and identity insulation by solely incurring negative consequences on the addresses and not individuals. Deanonymization is not taken under the purview of HAPI Protocol therefore we do not intend to intrude into the private sector of individuals or demarcate specificities of use. Each network participant of the HAPI protocol is at the liberty of their own deliberations. HAPI Protocol itself doesn’t segregate, which in essence makes it publicly and freely distributable and accessible, into groups neither the usage of the protocol nor the users. Since HAPI Protocol is first and foremost focused on the B2B (Business to Business) area of influence, we are merely a provider of services that can be utilized indifferently to the betterment of the aforementioned “user” or “business”. HAPI Protocol is autonomous and is not a regulatory body that can enforce or impose any restrictions by itself but instead is driven by a voting system of governance. <b>Because of the essence of HAPI focusing on the B2B sector and, if HAPI’s use is to become extensive enough, it can be reasonably assumed that the frequency and severity of hacks can be significantly curtailed because of the less or no options to withdraw illicitly controlled funds.</b> HAPI will also be a crucial aggregator of illicit addresses and publicly distribute them across a number of CEXes and DEXes in a timely manner. This will help DEX and CEX to blacklist certain addresses from laundering money on the platform. CEX and DEX will automatically receive notifications about the address that has been flagged as risky which will create an overarching, unified system that will ensure automated up-to-dateness on fraudulence across all exchanges. There are 3 HAPI use cases: <b>Reporting and Alert System.</b> HAPI enables anyone to report unlawful players to the database and alert those in the network in our real-time updating, and live-monitoring RCI (report and check interface). By simply staking HAPI and reporting malicious actors, you can help us make crypto a safer place! <b>Check address.</b> HAPI offers a yet unseen, publicly available check functionality that allows vetting an address on the previously involved malicious activity. In this way, you can be sure that the address of an individual you are about to interact with hasn’t been engaged in any underhand schemes before. This is done by paying a small fee in HAPI tokens by connecting to the HAPI interface. <b>Smart Contracts for DEX and DeFi Protocols. </b> HAPI is the only security solution that embeds directly into DeFi and aids in Money Laundering prevention from within. We supply our Smart Contracts with the most accurate data from multiple sources and utilize our own cybersecurity department, HAPI Labs, to secure DeFi in the most efficient way possible. HAPI makes a difference where difference is bound to be made! Created to prevent! <b>HAPI is not just a protocol.</b> HAPI is the coalescence of a myriad of methods to contend with the deluge of exploits within the blockchain ecosystems. We are using the most robust, and technologically novel tools that help us to gain an edge in the battle against malicious intrusions. Live automated monitoring and tracing, address vetting and case categorization, case-by-case deep analysis of threats. Our team also provides a continuous involvement of HAPI Labs, a cybersecurity agency that consists of 10 security specialists that manually investigate each partner’s case. HAPI holders serve as DeFI industry security arbitrators shaping the direction and the speed of mass crypto adoption. HAPI is the token minted on the Ethereum, Binance Smart Chain, Solana, Near and Polygon blockchains that empowers the HAPI protocol. The key utility function of $HAPI is to circularize between Data Providers and security Oracles. The Data Provider determines the final price according to the demand for the off-chain resource and similar information supply. Data submission fee for the right to submit any information connected with the hacker attack or suspicious wallet address. Governance. Token holders stake HAPI to be able to participate in the project governance via electing Data Providers which involves staking $HAPI to support or reject voting proposals. Oracle rewards for the review and audit work done on the submitted data. Any transaction made in the security oracle database for audit review requires HAPI that serves as a payment method to Oracles. DeFi project audit status submission to a unified report center to prove that they passed a security check. HAI token holders are also able to stake their tokens to receive HAPI tokens as a reward. The total supply of HAPI token increases over time following an inflation model (see below). This supply is accumulated and distributed among HAI token holders as long as they have their tokens staked. One can vote by staking with his or her HAPI tokens.