why use hyundai name in this thread title, but there is no link between them? can it be simplified for that matter for better information
They dont have any connection with Hyunday Motors. Its only marketing tools for ICO and another Hyunday.
This will be tokens or coins? Why you wrote, that have Blockchain, but giving tokens?
Hey PitL0rd2002.
There will be coins.
Which are the similarities and the differences of this project compared to Iota, which also aims to become the main vehicle of payments of the upcoming Internet Of Things?
Hi bobq.
If i got it right, it seems that the main difference between Hdac and Iota is in the transactions validation method.
In Hdac every user can create is own private blockchain. In an environment such as a smart home or factory, various devices equipped with sensors, which are closely interconnected using a private blockchain, can be configured to operate more safely and reliably in accordance with each other’s conditions. A private blockchain is configured to perform not only user authentication but also mutual authentication between devices, generating and securely recording operation details and scenario-based IoT contracts.
On the other hand, Iota is dealing with tokens and they choose another way to validate transactions.
Which mean their technology is different and so is the solution they wish to provide to their clients.
There are some similarities between the two project but i don't think they will produce the same product.