Launch of the HAB ICO by SmartHab, the IoT blockchain from Smart Buildings to Smart Cities
I am proud to announce the launch of our ICO starting this week with international private placement targeting investment funds specialized in cryptocurrencies. The public sale will take place during the 4th quarter of 2018.
Thanks to the ICO, 8 billion HAB tokens made for IoT transactions on the HAB platform will be produced. Micro black boxes will record IoT sensitive data dedicated to Smart Buildings and Smart Cities on a blockchain-based architecture.

The HAB platform will address BIoT data security issues
Now more than 3 billion smart devices are collecting data in buildings and infrastructure from smart cities. In 10 years, the number of these devices could reach 60 billion (source: Gartner), including 80% of security devices (fire, flood, intrusion, pollution, etc.)
At SmartHab, we are convinced that trust in smart devices data integrity is mandatory to allow the smart buildings and smart cities development.
The upcoming deployment of smart contracts using data stored on the HAB platform will enhance the performance of security IoT systems in office, commercial and residential spaces.
Whether it is for security, certification or insurance reasons, the HAB platform opens a new area for notarization of sensitive data. Being able to record unforgeable and immutable data to ascertain responsibilities in case of incidents related to security (such as the black boxes deployed in commercial airplanes) becomes mandatory to establish trust in between business parties involved in smart building and sensitive infrastructure sectors..
Thanks to the blockchain technology the HAB platform brings a very efficient solution to decentralized storage and data integrity challenges.
It targets several key economic sectors: facility & property management, security services, energy, insurance, real estate, public services, etc.
Thanks to its plasticity, the HAB platform would generate several trillions of transactions each year. Its operational launch is planned for the 4th quarter of 2019.
Why did we choose France for the ICO
First of all, SmartHab was born in France and secondly, we support the ambition of French public authorities to make Paris an active place for ICOs, in the context of the ‘PACTE’ bill currently discussed at French Parliament — this bill will the first in a G20 country to legally authorize and govern ICOs.
We believe that the promotion of honorable projects like the HAB ICO will demonstrate the possibility to reconcile the legal protection brought by the French jurisdiction with high technological and industrial ambitions.
We also choose to associate to our project the world recognized scientific skills available in France especially in Mathematics and Algorithmic research. That is why Pr Vincent Danoss and his colleagues Ilias Garnier and Jean Krivine support the scientific part of our project.
Last but not least, the HAB works with leading sectors of the French economy (energy, insurance, construction). Therefore, SmartHab shareholders such as VINCI Immobilier or Duval Group are contributing to the HAB project.
To go further
Anticipating the upcoming measures set up in 2019 by the Authority of Financial Market (AMF), the HAB ICO is exemplary by applying public recommendations such as:
— An ICO carried by SmartHab, a legal entity registered in France,
- Investor identity check through a KYC procedure,
- Clarification of the HAB token function as a ‘utility token’ not offering any property right on the issuing company or on its profits,
- Raised funds during and after the ICO are placed in an escrow service.
The ICO comes with the publication of several documents such as our White Paper available at www.hab.global
Each member of the SmartHab team will be glad to keep you updated on the project progresses by posting on Medium on a regular basis and to answer to your specific questions on Twitter @Hab_Global and Telegram HAB_Global
