The
Internet-of-Things (IoT) industry is on the verge of exponential growth.
The
Blockchain technology is experiencing historic development.
Can these two emerging technologies merge?The Hdac platform thinks so and will provide the missing building blocks needed to enable integrate IoT to the blockchain technology.
The combination of these two technologies will allow automated, machine-to-machine, and ultra-low cost transactions between IoT devices that are authenticated, mapped and verified through the blockchain.
The architecture of the Hdac system uses a combination of public and private blockchains, which allows for previously unattainable transaction speeds.
The technology will use quantum random number generation to secure these transactions.
The Hdac system will ultimately ensure the efficiency and security of exponential growth of the IoT industry specifically the following:
- 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
To know more about the HDAC platform, check their whitepaper at
https://github.com/Hdactech/Hdac/wiki/Hdac-Technical-Whitepaper#executive-summary
