HDAC (Hyundai Digital Asset Company)

Hello everybody, today i will try to give some information about IOT (Internet of Things) and HDAC (Hyundai Digital Asset Company) project.

https://hdac.io/

What is IOT

As we are all aware internet usage is becoming more popular day by day. The cost of connecting to internet is decreasing so more devices are being developed with Wi-Fi capabilities and some online features inside.

IOT — Internet of Things is the concept of connecting any device with an on and off switch to the internet. This devices are very various including washing machines, coffee makers, lamps, wearable devices and anything else you can think of. Simply as i mentioned before, if the device has an on off switch, it can be a part of IOT. As HDAC team says “Everything can be connected, will be connected!”

According to a research made by Nester; The Global Internet of Things (IoT) market reached USD 598.2 Billion in 2015 and the market is expected to reach USD 724.2 Billion by 2023.

https://hdac.io/

What is HDAC?

Hdac is the first IoT contract & M2M payment platform based on blockchain. HDAC is aware of the problems that IOT is facing with and aiming to solve those numerous problems by using blockchain technology.

The blockchain that is developped by HDAC will be able to build bridges to Ethereum and Bitcoin to proceed payments. It is called “Hybrid Blockchain Technology”. Hybrid-Blockchain is going to operate both Public and Private environments, based on blockchain technology

HDAC will create an authentic and secure machine-to-machine (M2M) payment system.

HDAC allows IoT devices to quickly and effectively communicate, handling identity, authentication, data storage and micro-payments

https://hdac.io/

HDAC - Hyundai BS&C

Hyundai BS&C is a company that is building houses and providing IT service with the most advanced ITtechnologies. Due to smart homes are one of the main application field of HDAC project, It makes sense that HDAC is backed by Hyundai BS&C

Hdac TGE (Token Generation Event)

https://hdac.io/

TGE Start Date- November 27th, 2017
TGE End Date- December 22nd, 2017
Price- 0.1 BTC=2,200 dac (400 dac bonus included)
TGE Target- 6000 Bitcoin
Payment Methods- only Bitcoin is accepted as payment
Minimum Participating Value- 0.1 BTC (There is no limit for the maximum value)

More information, please visit links below :
WEBSITE: https://hdac.io/
WHITEPAPER: https://github.com/Hdactech/Hdac/wiki/Hdac-Technical-Whitepaper
FACEBOOK: https://www.facebook.com/hdactech
TWITTER: https://twitter.com/hdactech
TELEGRAM: https://t.me/Hdac_TGE
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