HDAC buy coffee from their cafe franchise
HDAC is backed up by Hyundai BS&C. This is a huge difference from other minor alt coins. HDAC is not just any alt coin that creates fancy whitepapers, only dreaming of how to apply the technology into daily use. Hyundai BS&C is in the frontiers of applying blockchain technology in everyday life. Actually, it is even creating a franchise called "Cafe de Block" in Seoul, which will advertise and accept hdac. The first chain opens in the first week of December, and the franchise will continue to grow with other branches in Seoul. With the continuing scaling debate of Bitcoin, paying for a cup of coffee in BTC will still be 18 months away and require a second layer solution.
Hyundai BS&C has also manufactured a hardware wallet that accepts not only Hdac but also 30 other major cryptos. It will begin selling these wallets in Dec or Jan.
HDAC (Hyundai Digital Asset Currency) is a blockchain based platform backed by Hyundai. The platform allows IoT devices to quickly and effectively communicate, handling identity, authentication, data storage and micro-payments. They will develop a new blockchain based on multichain capable of handling the scale and contract functionality required for an IoT platform, as well as bridges to Bitcoin and Ethereum to facilitate payments. IoT devices powered by Hdac will mean more actionable data to improve lives, businesses and governments.
HDAC is created through the cooperation of Hyundai BS&C, DEXKO, Doublechain, and Hyundai-Pay. Hyundai BS&C. See here for the relationship to Hyundai Group, you may need the universal translator, Google Translate :) http://www.businesspost.co.kr/BP?command=naver&num=51200
Quote from Telegram group
So why is Hyundai BS&C doing a TGE if they can collect all its funds on their own? I believe the answer to this question is the very nature of cryptocurrency: decentralization. Hyundai BS&C plans to make HDAC decentralized and controlled by the public and the market. They want people to use and trade it, and they do not want to make it a privately owned technology. They want to equitably distribute the tokens to any investors and make it public-friendly.
HDAC is raising big funds because it is planning on major projects. Hyundai BS&C is already building an apartment called Heriot that will use HDAC. It has also partnered with Hancom Group; similar to Microsoft of Korea, MODA group; KRP transactions; Worldwide Medical; and Oasis Lending Service in Korea.
References
-http://me2.do/Gigqn9Dq
-http://hyundai-pay.com/en/platforms/platforms_blockchainiot.php#service02.
Hdac Token Generation Event Window 27 Nov. 09:00 - 22 Dec. 23:50 Target of 6000 BTC (On 20/11/2017 is $48 million) They raised 13,000 BTC in presale from Asian markets but are still relatively unknown in English speaking markets.
Here are my previous writeups about Hdac
https://steemit.com/hdac/@cryptofunk/hdac-iot-contract-platform-using-blockchain
https://steemit.com/hdac/@cryptofunk/hdac-blockchain-real-life-use-case
Whitepaper is available here https://github.com/Hdactech/Hdac/wiki/Hdac-Technical-Whitepaper
Here is an additional intro video
https://www.facebook.com/pg/hdactech/videos/?ref=page_internal
http://Hdac.io
https://t.me/Hdac_TGE
Competitors https://iota.org/
Do you know of others?
Check out this new article on Heriot Apartment, built by Hyundai BS&C, that will put HDAC into practical use: http://www.segye.com/newsView/20170706002045
(Again please use the universal translator, Google translator)
Additional articles
- HDAC uses EYL's quantum technology: http://naver.me/FyWUoJ6r, http://me2.do/GDWUzHEj
- Hyundai-Pay cooperate with Oasis Lending, a P2P lending service for the arts and culture enterprise: http://me2.do/xEbcH6xy
- Hyundai-Pay works with Hancom Group (Korea's Microsoft): http://naver.me/xoxT8WF6
- Hyundai BS&C builds Heriot Apartment which plans to use HDAC technology: http://naver.me/FcEmP7MO
- Hyundai-Pay holds hands with MODA to merge blockchain technology and IoT: http://me2.do/5cHsO43N, http://naver.me/Fbe4DqX7
- Doublechain advertises HDAC in Japan: http://me2.do/FyWgq8QC
- Hyundai-Pay will implement transaction service with KRP (Asia's PayPal): http://me2.do/5RyxjK4M
- Doublechain plans to build medical tech system on blockchain platform with Worldwide Medical: http://me2.do/Gigqn9Dq
This is not investment advice, always Do Your Own Research DYOR!
I'd love to visit that cafe and be a new customer...
or a new kid on de Block.
Step by step, block by block
Are they on bittrex?
Ico or Token Generation Event finishes 27th Dec so won't be available until then. I'm guessing they will be on all the major exchanges
Ok I see that their minimum on their website is 0.1BTC, does that mean that one can purchase tokens on their site?
Exactly, but make sure to Do Your Own Research and only risk what you can afford to lose.
Thank you. Did u invest in any?
A gentlemen never tells ;)
wow what an hi tech coffee bar
img credz: pixabay.com
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Wow
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great, i want back upvote & comment
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nice post