How the Hawk Network Works

The Hawk network is a distributed Internet of Things technology infrastructure. It creates a fresh perception of intelligence as it provides the next level of IoT technology to enterprises. The Hawk network primarily relies on intelligent hardware and big data technology. The network is distributed and decentralized as it transmits data from the sensing devices to the blockchain. After the edge calculations, the data is relayed back to the devices via the internet for better management. This network of devices supports several applications and events. Common IoT applications include shared travel, smart manufacturing, supply chain, Logistics, smart buildings, intelligent monitoring etc.

The Hawk network is based on several technologies and models which include:

  1. Edge computing: It is a new and smart computing model in which computing power is distributed amongst terminal devices. Edge computing combines cloud computing, communication networks and intelligent terminals. It influences the network's computing, storage, transmission and makes the application services more intelligent. In this model, the network marginalizes resources, enhances the centralized resources for higher efficiency and throughput. Edge computing does not centralize the data but instead globalizes it. In effect, the network achieves data coordination and unification between the centre and the edge of the network.
  2. Blockchain technology: The application of the blockchain technology to the Internet of Things provides improvement in areas like data management, security and network transparency. It increases the convenience of data and service exchange between the terminal devices. Blockchain is a ledger technology with end to end encryption for information security.
    All the data compiled by the different devices is sent to the distributed database to form big data. Blockchain technology permanently records and deals with all the data from the IoT data.
  3. Smart contract: Smart contracts are distributed on the peer to peer network and stored on the blockchain. Smart contracts improve the authenticity and the legitimacy of transaction processes. They execute state machine judgments based on trigger condition and preset information. It is a system of transaction units and state machines that automatically processes data and complex digital events. Smart contracts process them in accordance to the user's needs. Its formulation requires the participation of more than one user and intelligent terminals. The data collected from the terminals is decentralized, and this maintains the integrity of the incoming data.
  4. Hawk token model: HAWK is the official digital currency of this network. It is the token form of access to the services of the IOT of Hawk Network. All of the equipment from this network like an electric scooter and smart devices are available for purchase with HAWK. The Hawk token is useful for payment, mortgage, financing and transaction in the Hawk Network. Users can obtain this token by daily mining in the network. A lot of calculation and operations goes into mining.

These technologies reflect in the transaction mechanisms, credit rating system and the several management modules of the network. Hawk network combines algorithms, protocols and technologies to improve Internet of Things. Users of the Hawk network with their digital identity (UID) get the best of Internet of Things with high efficiency.

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