Cryptopedia - HubSuite
HSuite Network describes itself as the world's first carbon-negative DAO, employing innovative Smart-Node technology on the Hedera Network and other chains. These Smart-Nodes aim to bypass the risks and limitations of smart contracts to allow for infinite scalability.
Functioning as a decentralised validation consensus network, HSUITE lets developers construct complex logic without requiring Solidity or smart contracts. The team positions these highly customisable Smart-Nodes as the next generation of smart contract-like functionality, enhancing web3 interface capabilities. Developers can create their own Smart Apps on the HSUITE Network while remaining chain agnostic.
With planned expansion to additional networks such as the XRPL, the project states that developers will be able to build once and deploy across enabled networks. HSUITE expects this to improve network functionality by offering more robust developer toolkits. Because Smart-Nodes will support more common programming languages, the team says this opens opportunities for web2 developers to enter the web3 environment.
HSUITE has served as a provider to Financial Businesses, Product tracking businesses, Government entities, Tech businesses, DEX's, and others. The technology operates on a subscription basis, with each subscription linked to token economics that include a deflationary burn mechanism. The team expresses excitement about the future of the smart node network and the potential for development.
