BHPA Inc (BHPA)

[RiskyRewards]

SRDP merging entity DD

Wenjie Wu is the CEO and founder of the Bank of Hash Power located in Chengdu, China. BHP launched an ICO last March of their cryptocurrency which is currently worth .77 US cents per coin. The current market cap of BHPC coins is 27million USD, 34 times SRDP's current market cap of 740,000. I believe they are going to relaunch an ICO on the OTC through one of the new trading desks set up by Bittrex or Poloniex. BHPC coins in circulation stopped trading on December 12 of 2018. It is reasonable to believe that they were rebought by BHP intending to put them on OTC. The original incorporation file, 12/3/18, for BHP advance inc matches the minimum order size from Poloniex.

“Similarly, Poloniex began offering institutional accounts last quarter, on top of its parent company Circle’s existing Circle Trade product. Circle Trade offers institutional clients a limited number of trading pairs last month for institutional clients. Any customers looking to participate must also issue a minimum order size of $250,000.”

https://www.coindesk.com/bittrex-launches-otc-trading-desk-with-200-crypto-assets

BHP Advance Inc:
https://www.nvsos.gov/SOSEntitySearch/CorpDetails.aspx?lx8nvq=FpM0mnBhJ0WbPewTg8drcg%253d%253d

SRDP:
https://www.nvsos.gov/SOSEntitySearch/CorpDetails.aspx?lx8nvq=vdG6jGW8S9nvAfmsOvUaIQ%253d%253d

BHCP valuation and market cap:


https://coinmarketcap.com/currencies/bhpcash/

BHP uses Hash Power to make its price less volatile. If new to crypto here is an explanation of hash power.

https://coinsutra.com/hash-rate-or-hash-power/

Multiple respected institutions have backed BHP from the very beginning.





A full investor packet from April of 2018:
https://bhpcash.io/bhpc/pdf/BankofHashPowerwhitepaper(En)V3.1.pdf

Here is some important info:

“The current online single transaction cost of Bitcoin is over 0.002 Bitcoin. According to the current price of Bitcoin, the unbearable transaction cost is preventing Bitcoin from being used for commercial settlements. Considering the price increase of Bitcoin in the future, it will be more difficult for Bitcoin to enter the circulation field”

BHP minimizes the transaction price to make crypto a usable currency for all size transactions. From mortgages to gas station coffee. Bank of Hash Power also operates like any non-crypto bank, allowing users to receive loans for a variety of reasons and acquire interest on capital stored with them.


"BHP provides a series of emerging decentralized bank services that include hash-power-based mining supply and demand matching, payment transactions, reinvestment of assets, mortgage lending, betting, asset replacement and others. The respective characteristics and features of infrastructure of BHP are as follows:
1. Assets value of hash power BHP’s token BHPC represents a more significant asset than Bitcoin - hash power. BHPC is a kind of asset whose credit endorsement is hash power. BHPC has real trading and investment value. From the raise of the tokens at the beginning to the future, every count of the newborn BHPC is guaranteed by hash power with real value.

2. High efficiency and low cost BHPC adopts PoP (Proof of power) consensus mechanism instead of PoW (Proof of work) mechanism which is used by the first generation of visual coin so as to witness the bank's payment transactions via hash power of the mine. At the same time, through the use of PoS (Proof of Stake) mechanism to manage all financial activities of BHP, in order to ensure both effective witness and efficient financial services. The basic principle of PoP + PoS hybrid mechanism: Firstly, the BHP generates a large amount of increasing hash power with more and more mines joining in. As the BHP data processing performance is becoming more and more powerful in the world, BHP will be able to deal with global users’ high concurrency and high efficiency requirements such as payment, transaction and transferring, etc. It can achieve VISA millisecond level of processing power. Secondly, When the hash power is overstocking the BHP will distribute the remaining hash power to the users for mining Bitcoin, ETH and other digital currencies. Thus, the basic value of BHPC may be stabilized. Thirdly, in a wider range of financial products and services, the BHP will use PoS mechanism which is featured with high efficiency and low consumption. The users store their BHPC into the BHP`s infrastructure and thus provide a strong support to the witness mechanism of PoS. Then the BHP can provide better services for the users who are enjoying its financial products or services. At last, a better consensus mechanism with million-level concurrency is built by BHP to meet all the basic requirements in a financial system which is large scale, high concurrency and decentralized.
3. A wide range of application value As a general-purpose asset issuance, trading, application platform, the payment system of BHP can be accessed in a wide range. Any platforms that can be used in decentralize payment systems can use BHPC as a payment system for transactions. BHP contains a complete system of financial products. Users can use all the assets stored in the BHP to conduct digital monetary and financial activities on the blockchain or to complete various types of commercial operations in order to continuously add value to their assets.
4. Open expandable value BHP is based on the hash power of the mine. It naturally has the ability to accept the hash power from the outside world. With the increasing of hash power, its scale and the number of BHPC holders, the BHP transaction speed will keep growing. It will outperform all the other existing digital currency transactions on the developmental basis. The more transactions BHP deals with, the faster it can handle them, and thus it will be more capable to meet more global transactional payment needs. Thus it will inevitably attract more hash power as its value guarantee and establish a virtuous development cycle. At the same time, BHP also has great business scalability, and we will continue to explore new services in such areas as reinvestment of assets, mortgages, betting and assets swap contracts. One of BHP's development goals is to continually develop new products in the field of digital currency finance.
5. Creating a digital currency with "original value" - BHPC BHPC cannot be mined through the PoW mining form. Via the form of "hash power", it applies the concept called virtual mining so as to ensure the stability of the network and the speed of the transaction. So the bank charges become very low and it can guarantee ultra-high concurrency (million level or more per second) to meet the needs of other scenarios such as global cross-border transactions. At the same time BHPC is also a typical digital currency with original value. The holders can not only gain the hash power to get Bitcoin, but can also get the bonus of the development of the mine and community. The hash power represented by each unit of BHPC increases with the development of the mines, and the actual value of BHPC increases with the growth of trading volume (BHPC is sufficient to meet the demand) and the gradual expansion of the community's hash power.
6. Convenient digital asset allocation platform BHP solves the practical problems of the mines and opens up the channel between the mines and the users, so that more people can directly enjoy the interest from the expansion of hash power. The services provided by BHP will enable more ordinary people to enter the digital currency world in a more convenient and lower-threshold way. More and more people can participate in the global digital currency financial system and get profit of new financial services with a small investment. Each user of BHP has his own full autonomy in the selection and management. So a truly decentralized and trust-worthy financial service platform is established.
7. Ease of use BHP will provide a more convenient network access of blockchain. And the user interface will be more humane. From account registration to trading and other financial services, we will provide a convenient enough interface so the users can register their own unique identification number and identification code in a decentralized way. It will be simpler, more convenient and safer for the users to transfer, trade, pay or make any other operations. BHP is committed to providing more convenient user services, so that we could attract more users.

Solving the problem: Digital currencies will inevitably make a full coverage of commercial applications. But in traditional business activities such as B2B, B2C and C2C, the most basic application scenarios like credit lending, mortgage guarantees, assets replacements, VISA-level settlement payments, stored values and contract, etc. which require traditional banking system’s support, are lost in digital currency field. The BTC or ETH with "digital gold" value is not suitable for large-scale commercial applications due to its disadvantages of high consumption, slow testimony and high service fees. Other existing digital currencies are enjoying some kind of originality in their respective application areas. But they do not have the credit value of BTC and ETH and therefore they are difficult to be used widely. The BHP system will solve the problem of intermediary missing in digital currency bank, take both the credit value and user experiences of digital currency into account, and take the lead to meet the more diversified requirements of transactions, deposits, profits, assets replacements, re-investment, etc. from global customers."