Hdac Innovation from IoT with Blockchain

Do you guys know IoT? IoT is short for Internet Of Things. IoT is a concept whereby internet connectivity can exchange information with each other with objects around them. For those of you who have not understood further, the Internet of Things Technology (IoT) likened to where the physical tools can be connected to the internet. For example, Refrigerator, TV, Washing Machine and others can be controlled using a smartphone to turn off, turn on and other activities.

then what is the relationship of IoT with the article I will discuss this time? if you read this article you probably already know what is Blockchain, but to remind me will explain what is blockchain ?. Blockchain is an integrated transaction logging technology with modern technology, which has a unique code that can not be revamped that revolutionized the workings of the internet, banking and other things.


so this article I will discuss A Project that combines IoT with Blockchain. this project is a latest innovation in the world of information technology coming from Hyundai and the project is Hdac.

The world is evolving every single second and along with it does the blockchain technology. The Blockchain technology has attained success in this massive advanced world and continues to do so with its continuous changes and new innovations. To enhance the digital assets, Blockchain serves as the one of the most leading software. Well, there is no doubt about the fact that its applications and their use have approaches that are far wider. One such amazing invention is Hdac which focuses on implying IoT and regulate the flow of payments in a much efficient manner.

Was it ever possible to believe that the two greatest concepts would shake hands? Well, yes, they have. The Internet of things and the blockchain technology look forward to being a part of the same platter now.

Let's discuss Hdac work

The Hdac platform spreads its magic in such a way that it becomes difficult for others to get into the concept. The bridge between user and device is clasped correctly. Well, with this concept of existence, no more threats of hacking. Other issues such as cyber and privacy issues are easily removed as well.

Well, I would definitely mention this technology facility because some interesting approaches are worth talking about. The first is about consensus. Today, the old consensus technique is bound to disappear in a few seconds. However, keeping in mind the older statics, Hdac poses an entirely new concept and it is ePoW.

It is an honor to experience things that have never been the knowledge of anyone. Who knows that there will be a wonderful day when the private and public blockade networks are hugging each other to share all their control among themselves? With the help of Hdac, the day finally arrived.

EPoW

This is one of the bright ideas that has emerged so far. The ePoW concept used by Hdac focuses on power restrictions. It also keeps the growing imbalance between the stakeholders. As a result, we, arrogant people can gain access to decentralized networks aimed at serving the same for one and all.

Pros + cons

Advantages

• Assist in giving clear vision
• Secure
• Immediate economic implementation associated with Hdac
• A strong advisory board advisory

Disadvantages

• % token distribution age is very low
• Unconscious Korean presale

The ICO

Early Hdac coin offers will be launched to generate more capital for the platform. The token dac will be used for transactions on the Hdac network during ICO.

At the time of ICO, the Dac token will be available for exchange. The rate will be 0.1 BTC to 1,800. The overall cost is assumed to be 6,000 BTC.

As for now, during the event, the total token to be generated is 12 billion DAC. The different sectors that involve these shares are:

• Capital Reserves - 7%
• To active participants token sales - 7%
• mining ePoW - 86%

During the token event, 14% of the total number of DAC tokens should be distributed across different zones. They include capital reserves, infrastructure development, organizations, social media, management, global marketing, and gift culture.


The adventure does not end here. After all this, Hdac looks openly to implementing many services after the token event is wrapped. These include the launch of Hdac consensus algorithms, wallets (hardware), security models related to advanced features, and on API applications.

The final word for hdac

As we all know, blockchain technology will soon reach a height that will help in developing the world of technology and bring it to a different level. Hdac is ready to move forward to do as needed. Technology could not be better.

Network integrity, M2M transactions are just a proof right now. There is always a new and bright side of an innovation and Hdac makes sure to do exactly the same thing. Well, this brings me to the final say, Hdac is definitely a project worth investing and being a proud part as well.

Great team

Website: https://hdac.io/

Whitepaper: https://github.com/Hdactech/Hdac/wiki/Hdac-Technical-Whitepaper

Author :salsa24