HDAC IS THE PLATFORM WITH THE PAYMENT METHOD FOR INTERNET OF THINGS(IOT)
It is strongly believed that the currency of the new economy is trust and so it is important that new technologies be built on trust. The Hdac platform will be an instrument in implementing a more sensible and efficient payment system as the worlds of blockchain, fintech and IOT converge. Hdac is here to dramatically improve payment environments in daily: contracts, settlements, loans, investments, taxes and utility bills, allowing seamless and easy transactions. Hdac is a new generation trust based digital service platform focused on introducing IoT technology onto the blockchain. The platform intends to create smart contracts that allow all IOT devices to communicate with each other. Hdac is an IOT contract platform based on the blockchain, which not only exchanges but also can restrict the usage according to the purpose as it is Smart Coin which controls the connected devices. Hdac is one of the latest platforms added to the payment method for IOT. The full meaning of IOT is Internet of Things. The Internet of Things (IOT) has transformed the world into a gigantic, ever-evolving information platform. It is basically a connection which is used to connect electronics with a computer network. Either a computer or an embedded system is put in to use to connect one thing to another in a network which is then connected to the internet. The core concept of the Hdac platform revolves around the Hdac token. These tokens will be used by IOT devices as a secure micropayment method that can’t be accessed by a third party, giving users complete control over the finances involved in all of their IOT device management. One of the uniqueness of the Hdac blockchain is the consensus technique it uses. Unlike contemporary methods of consensus, such as Proof of Worth, which causes energy waste and Proof of Stake, which creates unequal share between stakeholders. Hdac uses a new method of consensus called ePoW. 
The ePoW method used by Hdac incorporates a block window mechanism that limits power wastage and eliminates stakeholder imbalance, creating a truly evenly distributed decentralized network. The Hdac blockchain will also seamlessly link private and public blockchains through the creation of a Bridge Node intermediary that executes key configuration to link disparate chains. The IOT industry is on the verge of exponential growth. The Hdac platform provides the missing building blocks needed to enable IOT environments to thrive authentications, Mappings, Machine to Machine payment. Hdac solves these three issues by combining blockchain, IOT, and Fintech, by allowing automated, machine-to-machine, ultra-low cost, micropayments between IOT devices that are authenticated, mapped and verified through the blockchain. Hdac is based on and enhanced from MultiChain, which is a blockchain enhanced starting with Bitcoin. Hdac has specifically explored blockchains to efficiently support IOT environments and to provide various services quickly and effectively to private blockchains. Hdac has set up the appropriate blockchain as Multichain and made upgrades. Therefore, Hdac has some of the qualities of Bitcoin, as well as MultiChain’s optimized qualities for private blockchains. Some of the advantages of this platform are: the ecosystem has a clear vision, fast implementation of Hdac economy, established business of Hyundai BS&C, and a strong advisory board. Hdac provides a basis for acting as a platform for the IOT. Hdac can be connected to various service fields, for example, finance, IOT, distribution, logistics, and Also general population information management in view of quick transaction transforming speeds. Hdac platform is a highly secured ecosystem. To ensure the system security, Hdac implements Multi-Factor authentication scheme by applying the Quantum Random Number which complements the vulnerability of the Pseudo Random Number. Users of Hdac can also take advantage of the Hdac ecosystem to create their very own tokens which can be used without facing any form of limitations. Assets that are generated can also be exchanged with native coins whenever a user thinks that this is required.
Hdac Token Generation event or the Hdac TGE event is expected to start on the 27th of November, 2017 at 09: 00 hours and will last until 22nd of December, 2017 till 23: 50 hours (according to GMT / UTC + 1). So hurry up and register now that the token sale is earlier. The only currency that is currently accepted in this Hdac ecosystem is the Bitcoin. Hdac tokens will be issued at an exchange rate of 0.1BTC to 1,800 DAC. The entire token generation event has a goal of 6,000 BTC. The price of Hdac is decided by the market demands only. If the demand increases, the price will also increase. Some of the upcoming events of Hdac platform are the launching of Hdac IOT Contract PoC, IOT authentication and device control, Private Blockchain PoC, Smart IOT diffusion PoC in 2018 and Practical application of Hdac IOT Contract & Smart Home, launching of Practical application of Hdac IOT Contract & Smart Factory and the launching of Hdac Hybrid Blockchain in 2019.
FOR MORE INFORMATION
https://hdac.io/
https://bitcointalk.org/index.php?topic=2402330.0
https://github.com/Hdactech/Hdac/wiki/Hdac-Technical-Whitepaper
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