Modern supported blockchain companies collaborate with CasperLabs to develop PoS blockchains

HDAC Technology, a blockchain company supported by Hyundai Motor Co., announced a partnership with blockchain startup CasperLabs to establish and integrate custom PoS consensus protocols. The two companies signed a Memorandum of Understanding (MOU) on June 28. According to reports, HDAC, the issuer of Hyundai DAC tokens, is seeking to convert from its PoW protocol to PoS.