The Internet of Things (IoT) is growing and it’s shifting the way businesses interact with people. By simply connecting “things” and the data they produce, companies can gain deeper insights to improve overall performance. With the global M2M (machine-to-machine) industry size slated to hit $199.6 billion in revenue by 2022 , now is the time to become a truly digital business. View our infographic to learn about how the Internet of Things (IoT) is transforming the connected world.
Integration of Internet (and connectivity) into increasingly more devices along with payment functionality will lead to greater number of payment endpoints.
Hdac, which operate on blockchain, enables IoT payments. This means that users can use a smartwatch to make a payment, or their smart TV and use it as a payment center.
Through a secure Blockchain technology, Hdac can assign contracts to all smart devices. Hdac technology allows anyone to provide the currency that any device can use. Hdac put the users back in control, keep the privacy protected and securely maintain all transactions in a private blockchain.
Hdac Hybrid Blockchain is configured as a hidden network with safe tunnelling between a user and device to combat hacks, privacy invasions and external attacks. Remember, mutual authentication between device and user is crucial for a reliable Private Blockchain, which fundamentally will only be practical if it interacts with the Public Blockchain.
Hdac platform is designed to facilitate the processing of payments over other blockchains, like the Bitcoin and Ethereum Blockchains, by building bridges to both systems. By implementing both public and private blockchain, the Hdac could handle more transactions and volume compare to current blockchains. This means that the platform is applicable for both IoT devices and also industry networks.
Users are also able to select their own transaction fees, plus the system is built with the ability for users to create smart contracts on Internet of Things, just like Ethereum but for IoT ecosystem.
Learn more about Hdac Technology:
Website: https://hdac.io/
Twitter: https://twitter.com/Hdactech
Reddit: https://www.reddit.com/r/Hdac/
LinkedIn: https://www.linkedin.com/company/27015585
ANN Thread: https://bitcointalk.org/index.php?topic=2402330.0
Telegram: https://t.me/Hdac_TGE
Whitepaper: https://github.com/Hdactech/Hdac/wiki/Hdac-Technical-Whitepaper