Buy EOT directly from your Bitcoin Wallet

  Online wallet provider, EOTwallet.com has made it easy to buy EOT directly from their website without the need to go to a cryptocurrency exchange. Customers can purchase EOT directly from their Bitcoin wallets hosted on the site.     New easy to use EOT and Bitcoin wallets.   It is very easy to open an account and once the account is opened Bitcoin and EOT wallets are opened for the user automatically. A neat feature is that users can send cryptocurrency directly from user to user with zero fees.…

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The Five S’s of EOT

EOT aka the “Encryption of Things” is an open source, decentralised cryptocurrency.  The original EOT source code is freely available and may be redistributed and/or modified.  Anyone can get involved with this useful crypto – buy, trade, mine, build businesses around the currency or encrypt devices and things connected to the internet (IoT).       Here are the 5S’s of EOT:-   #1 – SEND   EOT is digital and can be sent from and to any EOT wallet held globally, fast and securely. EOT has no borders.  Open…

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How to make money with Crypto Mining [ EOT ]

It seems that these days everyone wants to know how to make money with crypto mining. In this article, we will show you step-by-step where to start and how to make money with Crypto mining, specifically how to mine and profit from the opportunity  provided by EOT [ Encryption of Things ]   Educate yourself:   This is the first and most important step before you can start making money with crypto mining, you need to understand what you mine, why you are mining it and what the long-term prospects…

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Bitcoin price could turn on a dime and explode

Japan created the great Bitcoin Bull Market of 2017 and can do so again in 2018.     On April 1 2017, Japan quietly made Bitcoin legal tender in the country setting the stage for one of the biggest bull markets that have ever been witnessed.   But this is nothing yet, according to a prediction made by Abra CEO Bill Barhydt, who thinks a major rally is around the corner.   Here is what he had to say:   “I talk to hedge funds, high net worth individuals, even…

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What is the Bitcoin of Things?

We are in a world where more and more devices are linked to the internet, this is called IoT or the Internet of Things. It is estimated that more than 50 Billion devices will be linked to the internet by 2020. The connection of these devices does not only create opportunities but is also a massive security risk.     Hacking of IoT Devices   Unfortunately, a lot of manufacturers are rushing their IoT devices to the market, ignoring the risks that hackers pose.   These threats were researched in…

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How difficult is it to make an EOT payment?

EOT payments are easier to make than debit or credit card purchases, and anyone can receive it as all that is required is a wallet application.     Payments are made from a wallet application, either on your computer, laptop or smartphone, by entering the recipient’s address, the payment amount, and pressing send. Some wallets use QR codes to make the exchange of recipients’ addresses easier.     What are the advantages of EOT? You are in control of your own money It is possible to send and receive EOT…

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What is EOT mining?

One of the most fascinating things about EOT and cryptocurrency is the concept of mining.     When most people think of mining, we envisage men in hard hats going underground and digging up gold. EOT mining is a bit different but it does involve work. In this case the work involved is solving a complicated algorithm or mathematical puzzle.     Let’s take one step back. When an EOT transaction is initiated, this transaction needs to be confirmed as true and then needs to be added to the EOT…

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Gartner Says Worldwide IoT Security Spending Will Reach $1.5 Billion in 2018

  STAMFORD, Conn., March 21, 2018 – Press Release – By 2021, Regulatory Compliance Will Become the Prime Influencer for IoT Security Uptake.  Internet of Things (IoT)-based attacks are already a reality. A recent CEB, now Gartner, survey found that nearly 20 percent of organizations observed at least one IoT-based attack in the past three years. To protect against those threats Gartner, Inc. forecasts that worldwide spending on IoT security will reach $1.5 billion in 2018, a 28 percent increase from 2017 spending of $1.2 billion. “In IoT initiatives, organizations often don’t have control…

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What is the Current State of Global Cybercrime?

Cybercrime is a global threat as predicted by Ginni Rometty, IBM’s chairman, president and CEO, in 2015:- “We believe that data is the phenomenon of our time. It is the world’s new natural resource. It is the new basis of competitive advantage, and it is transforming every profession and industry. If all of this is true—even inevitable—then cybercrime, by definition, is the greatest threat to every profession, every industry, every company in the world.”     These worlds are certainly ringing true and recently, RSA published the 2018 Current State…

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What is the EOT Blockchain?

The EOT Blockchain is an immutable record of all EOT transactions, stored on a network of computers thus creating a distributed ledger of all transactions.     How Does the EOT Blockchain Work? When EOT started a first version of the record in the ledger was created and stored in what is block 1 or otherwise known as the Genesis block.   All information on the blockchain are stored in files which are encrypted, in the world of cryptocurrency, these files are known as wallets.   Every file/wallet has an…

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