Hdac blockchain real life use case
Soon after Bitcoin, clones appeared with a few parameter and title changes here and there, but essentially they were diluted versions of Bitcoin with less fixes and development. They were never meant to disrupt and start the next revolution, the Financial Revolution. Their goals were to make the teams richer with minimum effort, before retiring on a beach somewhere. The same is happening with the endless ICO's / ERC20 tokens that are coming out, I have followed some which are interesting but I doubt there is any human out there who is researching all the new projects. There just aren't enough hours in the day.
Many of the projects will fail, many of them don't have a solid team or product. Think of it like the dotcom bubble the shake down allowed the likes of Paypal, Amazon, Alibaba, Apple etc to flourish and a lot of hyped vapourware companies collapse. I think the same will happen with Blockchain, if I knew which ones would succeed I'd be all in and getting the plans for my castle built :) Fingers crossed the best solutions will succeed!
See here for my earlier write up about the Hdac blockchain https://steemit.com/hdac/@cryptofunk/hdac-iot-contract-platform-using-blockchain
IoT Blockchain Smart Home
Hyundai BS & C the company behind Hdac (Hyundai Digital Asset Currency) are planning a luxury apartment complex in Samsong District in Gyeonggi Province, South Korea, which will showcase the Hdac blockchain. The smart homes will be part of a high end housing brand 'HERIOT'. According to this article which I read using the universal translator, Google Translate, the site will have a land area of 12,900㎡ and a total floor area of 82,304㎡, consisting of 364 complex apartments. It is 30 minutes away from the famous Gangnam area. A quote from the article says "We plan to make it possible for residents to live with peace of mind from the hacking of Internet devices." So it is likely all IoT devices within the homes will already be linked to the Hdac blockchain. The first use case for IoT and blockchain by a major Construction and IT company!
Whitepaper is available here https://github.com/Hdactech/Hdac/wiki/Hdac-Technical-Whitepaper
http://Hdac.io
https://t.me/Hdac_TGE
Competitors https://iota.org/
Do you know of others?
This is not investment advice, always Do Your Own Research DYOR!
Cheer Up!
I read your previous post, you're not wrong about Hdac being unknown in western society. In my opinion it wouldn't matter that they are competing against iota, after all competition is healthy in any industry.
You read my mind, thanks for the feedback!
This sounds an interesting project. Building on the blockchain!
And blockchain in the building
Wow! Very interesting read. It's going to be very interesting in the next few years to see where blockchain systems are placed and adapted to everyday life. I had never heard of Hdac before.
The marketing was probably focused in the east, and not well know in the west. Its an interesting project and looks like it has real world every day applications
Thanks dude for what you did for me
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