video1.0<iframe src="https://www.loom.com/embed/9f9534addf404276a082ae988fdac647" frameborder="0" width="1920" height="1440" webkitallowfullscreen mozallowfullscreen allowfullscreen></iframe>14401920Loomhttps://www.loom.com14401920https://cdn.loom.com/sessions/thumbnails/9f9534addf404276a082ae988fdac647-00001.gif176.498In this video, I discuss the benefits of using HCS Hedera Consensus Service to build an action system. I explain how action of valuable resources leads to better price discovery and maximizes profit for owners. I highlight the advantages of HCS, including its affordability, fair and older timestamp, verifiable delay function, and commit reveal skin. I also mention that HCS serves as both the consensus mechanism and the publish-subscribe mechanism. Finally, I demonstrate a name service example and show how messages are passed on the HCS system.