HDAC leverages the Internet of Things (IoT) in conjunction with Private Blockchain to achieve a safer foundation for trust-based transactions. Whether its information exchange between machines or value transfer between people, based on the ideal blueprint for practical use of private chains, we have developed the Hdac*T platform and transmission unit. This is to realize contract fulfillment and information transmission in M2M on the IoT, creating a more lifestyle-oriented, reliable, faster, and more secure information transmission system.

Project Introduction

The future society will be "hyper-connected," with digital innovation constantly reintegrating into the global economic system. The proper combination of blockchain (valued as cryptocurrency) and IoT will enable new technologies. Markets and consumers will require more reliable and affordable industrial transactions. This will lead to the development of machine currency that can utilize hybrid blockchain technology and be implemented internally.

We believe that the future digital world will be one where the Hdac platform operates a highly reliable blockchain network that can conveniently utilize services from the multitude of IoT devices globally. It has been said that "the currency of the new economy is trust," thus it is critical that new technologies are built upon trust. With the convergence of blockchain and IoT, the Hdac platform will become a key tool in implementing more rational and efficient transaction systems.

Hdacs technological vision is to significantly improve the M2M transaction environment daily: all economic activities should be seamless and easy transactions. Moreover, we believe that using our technology, it is possible to promote reasonable consumption and accurate, intelligent management of all communications and utility expenses.

Hdacs private blockchain [Hdac T] is a smart transaction method based on blockchain within the Hdac platform, designed to execute given tasks under various command conditions in an IoT environment. Hdac T provides these M2M transaction features and a simple transaction service environment. With the rationality and efficiency pursued by the Hdac platform, it will become the preferred platform for use and control alongside IoT devices.

Furthermore, Hdac will evolve into a hybrid blockchain platform by providing hardware wallets for user security and transaction convenience, serving communication and transactions between the aforementioned IoT devices.

Hdacs Characteristics

A primary feature of the Hdac blockchain is the unlimited creation and use of custom HDACs, with asset names defined or freely created and distributed by authorized administrators. This asset can circulate and be used like existing native coins.

Additionally, assets generated for specific businesses or purposes can be exchanged at appropriate ratios with native coins as needed.

HDACs Generation, Mining, and Results

Compared to Bitcoin, the issuance policy for Hdac is as follows:

The initial reward starts at 5,000 HDACs, then through voting, the reward decreases to 2,500 HDACs after the 150,000th reward, and to 500 HDACs after the 183,400th reward. The total supply of HDAC has also decreased from 12,000,000,000 HDAC to 28,500,000 HDAC. The block generation cycle is 3 minutes, with halving set at every 103.2 million blocks to halve the mining results. That is, approximately every 71 months since the genesis block was created, the mining results are halved. However, through voting, the halving period and the amount of block rewards can be adjusted due to the application of the Hdac blockchain, the increase in dApp partners, and industry demand. Seven percent of the initial total supply of 12,000,000,000 HDAC will be used for creating platforms and ecosystems with Hdac technology, promoting transactions, liquidity management, and various business activities. An additional 7% will be allocated to participants donating to Hdac Technology AG.

This mechanism is a strategy aimed at maintaining its internal value by reducing the supply of HDAC. The total number of generated HDACs is fixed, unlike non-fixed HDACs, where the generated assets increase to infinity while asset values decline. It is important to view whether an equilibrium price can be maintained at the point where the inventory instincts of buyers and sellers meet.

Miners wishing to participate in mining on the Hdac blockchain network will receive mining results and transaction fees. The mining results are halved roughly every 6 years, gradually increasing the number of transactions included in each block to fill up the total cost.

Hdac Ecosystem

To ensure the sustained and stable development of Hdac, Hdac Technology AG will conduct marketing and public relations activities, while HDAC Technology AG will implement Hdac Platform Technology to develop next-generation industrial platforms. These teams will work together to advance Hdacs technological progress and synergistic ecosystem, thereby creating a virtual cyclical environment for global technological development.