Hdac, Newly Begins.

RIZON & ATOLO
hdac_rizon
Published in
3 min readDec 15, 2018

Dear Hdac Technology supporters,

Hdac team decided to open the Medium blog as part of the efforts to have better communication with supporters who have participated in and contributed to the Hdac project.

Hdac, Completed ICO project investigation of FINMA, Swiss Financial Market Supervisory Authority

Hdac Technology recently completed the process of ICO project investigation run by FINMA, Swiss Financial Market Supervisory Authority.
FINMA requires cryptocurrency projects and companies who want to launch ICO projects in Switzerland to precisely describe the details of the projects such as token type, usage, methods to buy and sell, and technologies. After the projects complete the process and get checked whether they are scam, the companies can start business in Switzerland.
This investigation process will be finalized months later from finishing fund-raising via ICO only when the projects are proven to have no legal or social issue. By completing the entire process, projects can finish the investigation of FINMA and be regarded as official cryptocurrency projects. Among all Korean cryptocurrency projects running ICO in Switzerland so far, Hdac is the only one that has reached this stage.
There is no country that has set up laws and regulations on ICO or cryptocurrency in the world. It means that cryptocurrencies can be subject to various laws in terms of securities, finance, and banking in the future. Lacking in legal grounds could lead to a bad stumble for live projects. In this sense, Hdac would have addressed potential regulatory or social issues in the future.

Real Service — HERIOT

Currently there are many blockchain projects while lacking in real-world use cases. On the contrary, Hdac started its blockchain project based on IoT technologies and has been preparing HERIOT — smart home service. By the 1st quarter of 2020, it would be the real usage case for Hdac coin. By developing corporate blockchain solutions, Hdac has been preparing businesses including raw materials and inventory management utilizing IoT sensors, smart factory, and electronic contract solution businesses.

Finding DAPPs

Hdac has been putting effort into finding DAPPs that would be operated on the Hdac platform. Currently Hdac is developing blockchain-IoT converged smart grid solutions that can be applied to buildings including Conetric Networks in the U.S. and hotels. This solution is a DAPP based on the Hdac mainnet, a system managing electricity supply via IoT sensors to indoor electric devices like illumination.

Listing on Exchanges

To build the token economy Hdac is pursuing, Hdac has been making efforts to be listed on various cryptocurrency exchanges. At the moment, the Hdac coin is listed on CoinBene and Hanbitco and planning to be listed on more exchanges in Korea. In order to expand the Hdac ecosystem, Hdac plans to be listed on more exchanges.

Enhanced Marketing

On top of the previous marketing activities, Hdac will continue its aggressive marketing activities adding supporters’ opinions. Hdac will make improvements on the project by making updates on many aspects. Hdac wants to continue the communication with its supporters via various channels including the Medium blog here.

Any question or recommendation would be welcome on Telegram! There will be more updates and events announcement on the Medium blog for the Hdac community.

Please refer to the following links and stay in the loop.

*Website : https://www.hdactech.com
*Medium : https://medium.com/@hdackorea
*Facebook : https://www.facebook.com/hdactech
*Twitter : https://twitter.com/hdactech
*Youtube : https://www.youtube.com/channel/UCGQXVXTs7RllAirD3YjjZIQ
*Github: https://github.com/Hdactech

*Telegram(KR) : https://t.me/Hdac_Official_KR
*Telegram(EN) : https://t.me/Hdac_TGE

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