HDAC to Combine Revolutionary Solution for Blockchain and IoT
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HDAC – Knowing How Much Is A Bitcoin Today will definitely make our collective jaws drop in disbelief. Started at roughly 266-dollars for 1 Bitcoin, the cryptocurrency did have a quite difficult start in the beginning. The cryptocurrency has always been fluctuating in nature, but the definition of fluctuation is different now than it was. Back in the day, when the word is used, typically it was to paint a picture of the loss in value.
The value per Bitcoin did indeed drop from 266-dollars to roughly 50-dollars for a period of time. But things have clearly changed for the better. Fast forward four years later, at the time of this writing the value of Bitcoin has risen to 16,000-dollars. This stark contrast between Bitcoin values in the span of four years is indeed shocking. To crytocurrency enthusiasts, the shock is naturally very pleasant.
Have you had invested in Bitcoin for as much as 5-dollars back in the day, you would have been 4 millions richer today. This incredible value is still difficult to wrap around some people’s minds. But as they still try to figure out the concept, a potential issue surrounding the lack of integration becomes more apparent.
Blockchain and IoT
As one of the driving forces in technology revolution, HDAC has long been working on a solution. It is aware that in the future society will be connected to digital innovations which are integrated into economic systems. However, for such a long period of time, there seems to be issues surrounding the integration. Namely the connection of the latest blockchain technology, with the Internet of Things.
When it comes to device interconnections, IoT is not to be questioned. Its massive growth over the years have allowed a large number of different devices to connect and process various informations smoothly. However, one of the biggest issue when it comes to IoT is the lack of security. Regardless of the security measures applied to the technology, a breach almost always happens in one way to another.
HDAC to Combine Revolutionary Solution
Quite the contrary, the Blockchain as the latest technological development was specifically built to avoid the same pitfalls. Being the most reliable and transparent technology ever invented, Blockchain has something that IoT does not. Its decentralized records makes it ideal for projects that need the highest level of security and transparency.
But both IoT and Blockchain have yet to find a common ground. All this time they have always worked as an individual, and that is exactly what HDAC tries to change. With the company’s meticulous research over the years, it has finally found an approach in which solution can be reached. By providing IoT friendly platform, using smart contracts with all of its built-in features and facilities.
Using Blockchain technology, the incredibly secured framework will be used to produce a sequence of number for both private and public key addresses. With this solution, HDAC will be able to accommodate both the needs of private and public blockchain network integration. Without having to sacrifice the transaction speed that is typically associated with such attempt and most importantly, without having to decrease the Cryptocurrency Values.
Author : Namirah
Bitcointalk link : Namirah
ETH : 0x73a860381d5b3C63E2774c5b07aFF04A2F5d2E8C
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