Bit-Media

Sunday, 14 January 2018

EOT, the Year in Review – 2017

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What is EOT? 

EOT is a new cryptocurrency started in July 2017. EOT can be used for Peer-2-Peer payments and confirmations are lighting fast with a new block mined every 90 seconds.

In addition to the use of EOT as a currency, the main innovation behind EOT, is to use it for the encryption of devices connected to the internet also known as IoT [The Internet of Things].

IoT devices have increasingly become a target for online hacking and security breaches. 

Thus the phrase: IoT needs EOT.

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