Hala Systems — The Bridging of 2 Worlds
When you talk or read about national defense, the last thing you would think about is cryptocurrency. I mean the thought alone for most people who may be unfamiliar brings images of Bitcoin, illegal activities and poor sustainability. While those do exist, This is comparable to saying guns kill people. In order for me to move on to the meat of this article and get to my point, it is necessary for me to educate a little bit for those unfamiliar.
What is cryptocurrency exactly?
According to Wikipedia: “A cryptocurrency, crypto-currency, or crypto is a digital currency designed to work as a medium of exchange through a computer network that is not reliant on any central authority, such as a government or bank, to uphold or maintain it.” (1)
To help you understand further the “crypto” is the network fuel used to power the system, each transaction is recorded on a ledger that is immutable. Meaning this information is logged forever and can not be changed.
When a someone makes a project or a company based on the specific currency or chain it is using, it is referred to as a “use case.” That is what I would like to talk about here; A specific use case based on a specific platform, that is currently saving lives and leveraging this technology for national defense.
Again, before I get into what this company is doing it is necessary for me to give you background on me so, I can adequately explain how it is that I know about this company and what they are doing. I am a retired federal police officer who received “The Purple Heart of Law Enforcement” for a line of duty injury. During my injury, I took my interest in marketing and became involved as a cofounder of the first NFT marketplace operating on a cryptocurrency called “Hbar” powered by Hedera. Although I am no longer with that company operationally, I am still Deep rooted within its community and not only follow the news but also run a website called “Hbar News” which reports on the happenings in the ecosystem. It is worth noting that Hedera has very low “Gas fees” and also is a carbon negative platform.
The company I want to talk about is called Hala Systems. Hala systems through their “Sentry application” protects assets and civilians within a humanitarian crisis. “to exude trust with tamper-proof data managed by a decentralized network.”(2) Essentially what Hala Systems does is act as a social platform used to report activities to provide an early warning system, which records metadata in a tamper-proof manner.
“With Hedera, Hala Systems can now collect digital evidence of human rights violations and prove the integrity of the data.” — John Jaeger, CEO, Hala Systems. (2)
The above image was taken directly from Hala Systems own website and shows how some of the technology works. On their website it states that through their Threat Detection and prediction, they have warned over 2 million people, have had 100k observations, 140 average warnings per day and at least 250k civilians have benefited from reduced traumatic anxiety.
Big names have recognized Hala systems including “Shark Tank” investor and Dallas Mavericks owner Mark Cuban who invested $1M in the company. (3)
They also use their remote sensors to warn against incoming airstrikes:
“The remote sensors can distinguish aircraft with 95% accuracy at optimal range. It’s harder to measure exactly what’s happening on the ground in Syria, but we have compelling data that suggests the presence of Sentry and remotely operated air raid sirens can reduce the lethality of airstrikes by up to 27% in areas of heavy bombardment.” (4)
So, why do I love this company?
It bridges the two worlds that I am passionate about. By combining situational awareness with technology and not just any technology. Hala systems is leveraging “Crypto” for the greater good. Protecting lives and and being forward thinking when it comes to defense and warfare. I would welcome a debate on the topic but how can one argue that a system protecting innocent civilians is a bad thing? A system preventing casualties, saving children and modernizing global warning systems.
Peter G. Uliano