hiblocks Unveils a New Paradigm on Social Media Platform with Patented Technology
hiblocks social media curation platform ‘HABL’ announced that they have acquired two technology patents for a new service to be implemented in the app.
The patent acquired this time by hiblocks is “a social media network map device,” a social network message distribution.
In particular, the challenge ‘RUN’, which has been prepared for service in the second half of this year, is a representative function applied with the patented technology acquired earlier.
HABL Challenge ‘RUN’ is a service that allows users to participate in the challenge events offline and receive rewards at locations displayed on the map in the HABL app, providing enjoyable experience to users just like location-based games.
The rewards obtained through the challenge “RUN” can be exchanged for “HIBS” tokens, a digital asset from hiblocks, just like other rewards obtained from HABL. HIBS Token is currently listed on Coinone, one of the major domestic virtual asset exchanges, and can be converted into cash at any time.
A hiblocks representative said, “A challenge is a system in which companies, groups, individuals, or any other parties can open an event for the purpose of promoting their brand and rewarding participants. By combining blockchain technology with HABL’s own technology, users can share revenue within the social media platform ecosystem and create a new type of fun culture.”
hiblocks is a company that develops and provides service for a blockchain-based platform, and hiblocks’ first blockchain project, HABL, has the ‘curation’ function that enables users to collect contents scattered on existing social media. They are creating a new culture of earning money while playing with ‘Apptech’ where users can share the revenue.