Hdac With its Hybrid Blockchain System
Hello Reader,
ICO-Initial Coin Offering:-
Blockchain and ICOs or the Initial Coin Offering has been seeing quite a number of changes for some time now apart from it being one of the many sources of growth now - a - days. This also is another reason that has made big names in the corporate world to come in to the workings of ICOs and the blockchain. Today, we are however speaking about Hyundai BS & C which is the latest addition in this category as Hyundai BS & C is on the verge of creating a blockchain related to IoT (Internet of Things) only.
Hyundai is Another Addition to Blockchain:-
With Hyundai participating in this blockchain and similar events, it is time to see about what will be the developments in near future. Hyundai has now taken upon itself the task to solve a set of problems that might seem to engulf the world of internet of things by introducing Hdac.
And before we get in to the details of Hdac let us first decipher the use of IoT or internet of things that is taking a strong hold over our day - to - day lives in a way we may have never imagined at least till now.
In case we look at our surroundings then we will know that almost all things to a great extent have been connected to internet. This especially sounds true when electronic devices are in the picture. The same story goes with payments for those bills as people are also switching to digitalisation because it seems to be a convenient way to save time.
However with time and introduction of a few advanced technologies, people have now started to shift to crypto currencies and they are leaving behind credit cards or other forms of payment. Hence this idea gave birth to Hdac which will make your life easier and it is also next gen digital service platform.
Importance of Hdac:-
Hdac is a plat form where there is combination of IoT (internet of things) and blockchain as these two together bring in secure connectivity between a user and a device. Security has always been a concern of people and that is why Hdac has taken a detailed step - by - step process in order to keep everything correct.
It is after all a hybrid blockchain and this makes it possible for having security at its peak. In addition this is the reason that hacks or any other similar attack would be prevented at the end of the day and having knowledge of the way Hdac is going to work is going to be an added advantage which we will be discussing in future articles.
For More Information Please Visit : -
Information Source-->Website, Whitepaper
All Image Source--> Website, Whitepaper
Regards,
@sudhakark
Congratulations @sudhakark! You have completed some achievement on Steemit and have been rewarded with new badge(s) :
Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here
If you no longer want to receive notifications, reply to this comment with the word
STOPThank you @steemitboard
Congratulations! This post has been upvoted from the communal account, @minnowsupport, by sudakark from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, theprophet0, someguy123, neoxian, followbtcnews/crimsonclad, and netuoso. The goal is to help Steemit grow by supporting Minnows and creating a social network. Please find us in the Peace, Abundance, and Liberty Network (PALnet) Discord Channel. It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.
Thank you @minnowsupport
Thanks for updating with new technology.