ICO Hdac Transaction Innovation – IoT Contract & M2M Transaction Platform based on Blockchain. ICO is Live NOW...

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The Hdac platform provides the missing building blocks needed to enable IoT environments to thrive:

    Authentication - devices can be correctly identified by one other

    Mapping - once identified, they can connect seamlessly

    Machine to Machine transaction - devices can then bill each other

Hdac will solve these three issues by combining blockchain and IoT, allowing automated, machine-to-machine, ultra-low cost transactions between IoT devices that are authenticated, mapped and verified through the blockchain.

 Integration between Blockchain Networks 

How Integration between Public Blockchains can be used?

As initial blockchain technology is becoming popular due to its  features of decentralization, transparency, usability, and reliability,  the applicability of the blockchain is expanding across industries such  as cryptocurrency, attendance verification, forecast markets, and  international finance. Therefore, as the amount of transactions and data  increases, it is necessary to consider a case wherein public  blockchains will exceed their natural capacity. 

 Public blockchains can also can be linked hierarchically. For example,  there are bottom-level blockchains that can be voted on by district or  by county, and the results from these are integrated into a mid-level  blockchain. In this case, the mid-level blockchain is the scale of a  city/province, and can have multiple bottom-level blockchains. In other  words, a summary of the transactions collected on the bottom-level  blockchain is transferred to the mid-level blockchain. The upper  blockchain can be regarded as a structure in which information of all  bottom-level blockchains is integrated with a blockchain of a national  scale. Although this is just a simple example, it can be applied in  various forms on a blockchain network in the form of a tree. 

 IoT and Security

ICBM (IoT, Cloud, Big Data, and Mobile) is regarded as the promising  core technology of the next Industrial Revolution in the global  industrial market; the IoT is expected to not only expand access to this  market, but also to increase efficiency and convenience for users with  various economic values. However, in order to achieve such a positive outcome, the  connectivity between devices and reliability must be ensured. In other  words, eliminating the distrust and security threats implied by the  convenience of Internet connection is the top priority. 

 Transaction Innovation & M2M Transaction

One of the most innovative aspects of the next Industrial Revolution  is the IoT, which refers to intelligent technologies and services that  connect all things based on the Internet and communicate information  between people and devices, as well as between different devices.  However, technologies such as networking, which connects devices to one  another, processing technology suitable for various services, interface  technology for communication, and distributed processing technology for  storing and processing large amounts of data, are essential to the IoT,  and all require security technologies to prevent against hacking and  information leakage. 

 DAC Generating, Mining and the Mining Result

 Compared with Bitcoin, Hdac’s issuance policy is as follows. The total DAC amount of the Hdac blockchain is 12 billion. The first  mining result begins with 5,000DAC before DAC halving. The block  generation cycle is 3 minutes, and halving is set to reduce the mining  result by half for every 1,032,000 blocks. That is, the mining result is  reduced by half approximately every 71 months since the Genesis block  is created. 7% of the DACs will be used for creating platform, and an  ecosystem to implement Hdac technology, boost its transaction, and also  for liquidity management. Another 7% will be distributed to participants  who donated to the Hdac Technology AG. 

 Configuration of IoT Blockchain Network

The IoT blockchain network is a permissioned private blockchain that  is registered after being authenticated and can operate on a blockchain  network. Therefore, it can be said that its personality is different  from a public blockchain which access to the network. The components of the IoT blockchain network are as follows.  

• Blockchain node: Records all transaction blocks as a full  node. Stores setting information related to user-device, device-device  control, billing, and management performed by the administrator. 
• Administrator: A person who registers users, gateways, and  devices in the blockchain and grants access between them. The settings  are safely stored in the full node of the blockchain and are transmitted  to the following users, gateways, and devices through the network. Each  user and device maintains the latest settings related to them. It can  also be integrated systematically with the existing IoT operating  environment. 
• User: A person or device with a program running as a simple node that does not store blocks. 
• Gateway: As it is, a unit used to control many dummy devices  or sensors. It can analyze details of the IoT contract and then transmit  to dummy devices or sensors. Each device or sensor is connected with an  individual address. 
• Device: As it is, a device that is connected to a gateway or a  simple node which does not store blocks. It corresponds to individual  addresses and it can also analyze the IoT contract details and operate. 

 Key information

The Hdac TGE target is 6,000BTC
Exchange rate : 0.1BTC = 2,200dac (400dac bonus included)

Don’t miss out!

* The total market capitalization of Bitcoin recently crossed $100bn.
* ‘IoT’ is estimated to boost global GDP by $10-$15 trillion in the next 20 years 

 The total issuance amount will be 12 billion dac.   

1. 1 7% of DAC will be kept for capital reserve.  
2. 2 7% of DAC will be distributed to the Hdac presale / TGE participants.  
3. 3The remaining 86% of DAC can be earned through equitable 'ePoW' mining.
   The first block reward will be 5,000 dac.
   Anyone can participate in the Hdac mining for the next 170 years.

  Use of Proceeds

Pre-mined DAC will be used as follows. (14% of the total) Capital reserve (A+B : 7%)  

• A 35% of pre-mined DAC will be kept for capital reserve.
  35%  Capital Reserves  
• B 15% of pre-mined DAC will be kept by Hdac foundation & Hdac technology AG for capital reserve.
  1%  Hdac foundation / 14%  Hdac technology AG  

The Bitcoins raised through presale & TGE will be used as below (C+D+E : 7%)  

• C  24% of pre-mined DAC will be used to implement Hdac technology.
  12%  Hdac Core R&D / 5%  Hdac IoT Hardware R&D / 7%  Operation  
• D 11% of pre-mined DAC will be used for global managing social media channels, advisors, and bounty programs.
  11%  Global Marketing  
• E 15% of pre-mined DAC will be used to create infrastructure, ecosystem organisation, liquidity management and activation.
  11% Strategic Partners / 4%  Business Development    

 

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