WHAT HDAC IS ALL ABOUT — BLOCKCHAIN TECHNOLOGY AND INTERNET OF THINGS (IOT)

Indeed, Internet of Things (IoT) is making a big evident effect on the technological field and industry. This platform may not yet be famous but it will only take a little time before Internet of Things will take place and make the digital technology brighter and stronger. Experts says that in the year of 2020, Internet of Things will be worth $270 billion.

Interconnected technological devices, homes, and even vehicular equipment can now be found on different countries, especially advanced countries. And as of anyone knows, assuring safety and security are complex to the extent that someone thinks that it is impossible. The transactions you made are very vulnerable as security breaches are hard to prevent and can happen anytime.

An interconnected chain of economies and transaction aspects in the Internet of Things needs to improve blockchain within their system to be able to propose integrity and sense of confidentiality to their users and provide solutions for security and privacy failures.

The mission of Hyundai Pay and Hdac Technology TGE is to support and backup the progressive improvisation of the Hdac blockchain, as blockchain technology has the capability to improve the safety of the Internet of Things. Hdac, is a separate entity fro Ethereum and Bitcoin protocols which is based on hybrid blockchain technology that proposes a wide array of capabilities to assure good connection and protected processing between gadgets. Hyundai will try its best to work and apply this platforms to hardware transactions to improve security and reliability.

The only way to achieve the security and protection that Hdac and Hyundai Pay dream is by utilizing and effectively using blockchain technology. The Hdac blockchain introduces security issues by adding immutable information on top of smart contracts. Because of this methods, security are is at high maximum and users are highly protected from virtual attacks.