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Nov 30, 2017

HDAC, IoT Contract Platform Based on The Blockchain

Internet of Things (IoT)

The internet of things (IoT) is a computing concept that describes the idea of everyday physical objects being connected to the internet and being able to identify themselves to other devices. The term is closely identified with RFID as the method of communication, although it also may include other sensor technologies, wireless technologies or QR codes. The IoT is significant because an object that can represent itself digitally becomes something greater than the object by itself. No longer does the object relate just to its user, but is now connected to surrounding objects and database data. When many objects act in unison, they are known as having "ambient intelligence."


What is HDAC?

HDAC is an IoT contract platform based on its own blockchain that’s more IoT friendly. It runs separately from the Ethereum and Bitcoin protocols and is based on hybrid blockchain technology that offers a wider range of capabilities to ensure reliable connection and secured processing between devices. HDAC stands for Hyundai Digital Asset Currency.


IoT devices powered by HDAC will mean more actionable data to improve lives, businesses, and governments. A good explanation of usage is on the video below.


Hyundai BS&C is currently building an apartment complex called Heriot that will use HDAC. The blockchain and technology is created through the cooperation of Hyundai BS&C, DEXKO, Doublechain, and Hyundai-Pay.

Interesting ICO?

This project is not another Ethereum token but a stand-alone blockchain. They have a huge company behind it and actually they raised over 13,000 BTC already in pre-sale in China. Internet of Things is already a huge niche that sooner or later will change our lifes. The Internet of things is the network of physical devices, vehicles, home appliances, and other items embedded with electronics, software, sensors, actuators, and network connectivity which enable these objects to connect and exchange data. HDAC partnered with Hancom Group (the Microsoft of Korea), MODA group, KRP transactions, Worldwide Medical and Oasis Lending Service from Korea. The future looks exciting for this project.


ICO and Token Allocation

Blockchain based IoT platform backed by Hyundai
0.1 BTC = 1,800 HDAC
ICO runs November 27, 2017 - December 22, 2017
840,000,000 total available / 12,000,000,000 total supply
13,000 BTC raised in pre-ICO


Useful Links

Bitcointalk ThreadWebsiteYoutube ┃ TwitterFacebookReddit ┃ WhitepaperTelegramLinkedin.

Posted by: TedMosby - Bitcointalk.
BTC: 1HxTwdh99SCaJiLFmpdosDCngyYgZRp3HG
ETH: 0x500763a327f43927e5d8184807729f2cbB9c569C

Nov 5, 2017

Aion Network, The Third Generation Blockchain Network

Background

Blockchain technology is evolving at breakneck speeds, faster than the Internet itself. However like the earliest days of the web, there are still problems that prevent adoption by mainstream organizations, namely isolation as a result of the need for privacy.

The first generation of blockchain were built as alternative currency platforms, such as Bitcoin launched in 2009. They offered cryptographically secure peer-to-peer digital transactions verified by a decentralized global network and recorded in an immutable public ledger.

The second generation of blockchain were designed as networks on which developers built blockchain based applications with more advanced logic. The best example of this is Ethereum launched in 2015.

AION Network

First and second generation blockchain are a lot like PCs in the 1980s. They show immense promise but have not yet realized the value of being connected to each other in a seamless global network. That’s where Aion Network are today.


The next generation of blockchain will allow disparate blockchain networks to communicate with each other for the very first time. Think of it’s like a computer network providing a protocol and standard for dissimilar systems to communicate. The implications of this evolution will be massive bigger than the proliferation of the internet itself.

Aion is the key to unlocking that future. The Aion network is the world’s first third generation blockchain. It will be able to pass information logic and value among participating blockchain as freely as liquid assets on traditional blockchain, but where every transaction occurs on chain.

So how does it all work?

With the Aion network blockchain will be able to be customized, created, and connected whether for existing or for the numerous blockchain yet to be built. Aon will be the ecosystem in which they coexist and communicate. The network provides federated interchain communication of both data and value to ensure security regardless of scale. At the core of the Aion network is the world’s first dedicated public enterprise blockchain, Aion-1. Designed to connect other blockchain as well as manage its own robust applications. Both on chain and Inter chain logic will be supported.


Aion-1 also provides the economic system that incentivizes the exchange of logic and value. It’s all fueled by the Aion token.

AION Token

Aion token will be used to develop applications, build bridges, create new blockchain, and secure the overall network. The Aion network is also designed to connect with the main Ethereum blockchain allowing Aion tokens to traverse chains between Aion and Ethereum seamlessly.

Moving forward, just about any blockchain platform can become Aion compatible and gain these capabilities. The applications for such an ecosystem are limitless. The Aion network will transform cross organizational functions like supply chain management. It will streamline communication between health providers. It will securely bridge government entities across the world. There are already hundreds of blockchains around the world. In the near future, that number will grow to thousands and eventually millions. Without interoperability, none of the technologies promise can be fully realized. Aion are building that framework now. The Aion network will allow mainstream players to achieve not only interoperability, but at the scale and level of security required. When it comes to blockchain technology the best really is yet to come. To learn more about how Aion are building the first third generation blockchain visit https://aion.network

ICO and Token Allocation

Q4 2017, with Presale October 3rd.
Total Token Supply: 465M Tokens.
Foundation+ NUCO: 40% (185M Tokens).
Public: 60% (280M Tokens).


Useful Links

Bitcointalk ThreadWebsite Youtube Twitter Facebook DiscordWhitepaper TelegramLinkedin.

Posted by: TedMosby  -  Bitcointalk.
BTC: 1HxTwdh99SCaJiLFmpdosDCngyYgZRp3HG
ETH: 0x500763a327f43927e5d8184807729f2cbB9c569C