EOT, a cryptocurrency designed with a purpose and strong use case. There are so many cryptocurrencies in the market which makes it difficult for investors, old and new, to decide which coins to buy. Why would you consider EOT? Is EOT that “sleeper coin” we all want to know about? Most of us wish we had bought Bitcoin when it was under $1…
LATEST EOT NEWS
The latest catalyst for the spike in EOT prices was the adoption of EOT as a payment currency on the Ship-EZY.com platform, making it possible to purchase 1000’s of products with EOT.
In our growing digital economy, privacy, security, and encryption are a necessity to protect our digital footprint. Learn more about how and where EOT fits in.
What is EOT?
EOT is, like Bitcoin, a cryptocurrency and digital payment system. Transactions take place between users directly without the interference of any third party.
Transactions are recorded and verified in a public ledger call the blockchain
EOT was specifically designed to be used for the “Encryption of Things”
What is the “Encryption of Things”
The Encryption of Things is a process whereby physical items, which are linked to the internet, are being safeguarded against intrusion by the use of cryptography
An Example would be secure messaging between two parties where the message would be encrypted by the use of private keys
Who controls EOT
EOT does not belong to any person, business or country.
EOT is open source and decentralized
Why is EOT called deflationary
Only a limited amount of EOT will be created, unlike normal currencies where governments can print an unlimited amount
What are the use cases for EOT
Secure Money Transfer and Transactions
Secure Internet by encrypting Internet routers and other hardware
Creating encryption keys for IoT devices protecting them against viruses, malware, and hacking
Secure communication by providing encryption keys for devices connected to the internet
Providing encryption keys for the encryption of documents, media files etc
See EOT Business Case – Click here
What are the advantages of the EOT
Fast payments and transactions – new blocks are created every 90 seconds
Peer to Peer – not dependent on third parties like banks who have the power to block your account, devalue or even confiscate your money. With EOT, all of your funds, your communication, copies of your digital files, and your complete digital footprint is controlled by you alone and verified by a distributed network.
Security – EOT is protected using advanced cryptography. Processing is done by 1000’s of computers all over the world
Global payments and communication – not only can you transfer money anywhere, to anyone who has an EOT wallet, but you can also send them a secure message or make a secure call with an EOT enabled device.
New Opportunities – EOT embraces our new economy and creates an opportunity for new businesses to be developed with the currency and the “Encryption of Things”
Buy, Sell, Trade EOT
If you are interested in buying, selling and trading with EOT and various other coins,
Read the Review of the EOTwallet / Exchange
Buy with EOT
How to make money with EOT
Have some fun with EOT, Bitcoin, Litecoin and Bitcoin Cash – These bandits can be played with either cryptocurrency, eg. EOT/BTC, EOT/LTC, and EOT/BCH
For more information – EOT official website