ICO Hdac: What is special about Hdac and Why is it necessary to interact with a private and public blockchain? — https://hdac.io/
The Hdac platform is a public blockchain that can interact with a number of private blockchain. To begin with it is necessary to understand what the concepts are — public and private blockchain.
As early as 2014, the financial sphere drew attention to the convenience of databases based on blockchain. Therefore, banks began to develop various models based on this technology. If you highlight the main advantages of public models, then the first place is decentralization and transparency of transactions. The basic principle is trust, when people exchange assets without the involvement of a third party. Many people are skeptical of this openness of transaction data, but a similar example can be cited here. For example, when you use a Google Docs document, you show everyone the content or provide access. However, permission to edit the document is not at all: the author himself determines who to open access.
There is also a private blockchain system, where only one organization has rights. A wide audience can conduct only certain types of operations, for example, view information. They also have separate advantages, for example, low transaction costs. This is due to verification, which is carried out by nodes that have high performance. Another positive feature is the high capacity indicator. If each transaction is processed quickly, then users do not have to wait for payment for a long period of time. In addition, the private blockchain is personally supervised by the company. And if you consider that it can quickly update its range of functions, it will be convenient for most organizations to use it. Especially when it comes to institutions that deal with accounting.
The Internet of things is also a structure where you can use the technology of private blockchain. So, the Hdac platform develops a particularly reliable system, where all devices will operate on a scenario basis. The company notes that micropayments can take place both in the general space of the platform, and in specially designed private blockchain. Given their obvious advantages, all processes between devices will occur quickly and efficiently. Hdac pays special attention to private technologies, with their ability to interact with public options. We can say that Hdac, is a platform and a public blockchain that can be effectively used with several private blockchain.
At the moment the company conducts ICO, in which holders of crypto-currency can take part. The main stage of the sale takes place between November 27, 2017 and December 22, 2017.
Useful Links
Websites: https://hdac.io/
Whitepapper. https://github.com/Hdactech/Hdac/wiki/Hdac-Technical-Whitepaper
Bitcointalk Main Thread: https://bitcointalk.org/index.php?topic=2402330.0
Twitter: https://twitter.com/Hdactech
Facebook : https://www.facebook.com/Hdactech
Youtube: https://www.youtube.com/channel/UCLZZFtHTRHqeiSRsH_6yV2Q
Reddit: https://www.reddit.com/r/Hdac/
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