[ICO] Hdac: A Blockchain in Response to the Fourth Industrial Revolution
Hi guys! We are now the witnesses of a new world forming. Some of us already live in the future and use all the technologies which make our lives so much easier, some of us are just moving forward to these techs… But the process is irreversible as the fourth industrial revolution is happening right now. What features of it do you notice? Already operating your car with the help of mobile phone? Have you heard about the innovations for the production floors? No matter what you answer is, the world is slowly turning into a network of interconnected devices and technologies, thanks to the Internet of things. Today I will tell you about a project aimed at improving existing technologies and accelerating development in this sphere. Meet Hdac – the world’s first IoT Contract and Payment Platform based on blockchain.
In order to achieve the goal, the team working on the development of the Hdac platform identified three main missing elements for the mass use of the Internet of things. First, it is authentication (the devices must correctly identify each other). Secondly, it’s mapping (after identifying the devices must seamlessly connect to each other). And, thirdly, these are machine-to-machine transactions (for automatic billing between devices). Yes, it’s not a mistake: Hdac can assign contracts to smart devices to fit a user’s life pattern. So, this takes the IoT “Beyond the Human Pay”.
Hdac contracts will make our lives in the IoT paradigm so much easier
To provide these capabilities, Hdac experts turn to blockchain technology, which ensures low transaction costs and device verification (machine-to-machine transactions will be treated as transactions in a peer-to-peer network). Thanks to the integration of blockchain systems with the IoT, reliability and security of data exchange between devices can be achieved, since anonymity and integrity are no longer a problem. In addition, the number of transactions per second on the Hdac unit significantly exceeds the number of transactions on Bitcoin or Ethereum. To implement the plan, the team refers to the unification of private and public blockchains, which constitute a single ecosystem. By doing this, the Hdac experts want to provide more affordable, reliable and secure transactions between machines. One of the reasons for this decision is that the practical application of private blockchains is possible only in case of their interaction with the public blockchain, which will be the Hdac platform.
Private blockchain for IoT usage
This is a brief review of the project, to get more technical information, see the links below.
In order to raise funds for the project development and realization, the team launches a Token Generation Event (TGE), which will last until December 22. This is how you can participate in the TGE:
A generous system of bonuses is foreseen. For detailed information on TGE, see the project website. In addition, the project can be supported by participation in the variety of bounty campaigns. See the links below for the terms.
Useful links:
Website: https://hdac.io/
Whitepaper: https://github.com/Hdactech/Hdac/wiki/Hdac-Technical-Whitepaper
BTT Bounty Thread: https://bitcointalk.org/index.php?topic=2402637.0
Facebook: https://www.facebook.com/hdactech
Twitter: https://twitter.com/hdactech
Telegram: https://t.me/Hdac_TGE
My ETH-address: 0x9F8051399114A4C8b9A742Dbb51C10162E61F234
My BTT profile link: cr_liev, https://bitcointalk.org/index.php?action=profile;u=1046642;