Hdac (Hyundai Digital Asset Currency) it is controlled by the nephew of the Hyundai motor’s heads. Answer to this question for what valid reason the organization is selling token, when the assets could have been raised inside the family, a representative said, "The response to this inquiry is very simple that digital money means decentralization.
Hyundai BS&C wants to make HDAC decentralized and controlled by the general population and the market. They need individuals to utilize and exchange it, and they would prefer not to make it an exclusive innovation. They need to fairly disseminate the tokens to any financial specialists and make it open cordial."
Hdac is the most recent release in the developing rundown of blockchain based IoT in the market. The stage right now enables IoT gadgets to rapidly and adequately convey, taking care of character, verification, information stockpiling and smaller scale installments. They as of late finished up a pre-deal, which crushed its projection by raising an astounding 13,000 BTC (~100m USD) from an overwhelmingly non-English talking gathering of people.
Another intriguing thing about the Hdac stage is that it is sponsored by a corporate goliath. Korea's Hyundai Group's auxiliary has sponsored the undertaking and parcel of their exclusive programming, as Hyundai Pay and so on and hope to build up another blockchain in view of multi-chain fit for taking care of the scale and contract usefulness required for an IoT.
It is intriguing to take note of that Hdac uses the products of EYL that will give quantum random number generation, to make blockchain to be even more secure.