Samsung Experiments With Crypto Currency for IoT
The Internet of Things and Blockchain have changed the way we do business and the way we live.
The Internet of Things and Blockchain have changed the way we do business and the way we live. Statistics show that its use will only be magnified in the coming years as the industry is rapidly growing.
Samsung on its quest to provide the fastest path to secure, interoperable and intelligent IoT products and services is promising most of their devices to be IoT compatible by the 2020.
Exxor, a cryptocurrency fine-tuned to provide decentralized, efficient, secure and zero-fees machine to machine interactions in the IoT industry, will be a part of Samsung’s journey.
“It is currently an ongoing agreement and there are a lot of technical decisions to be made before we can launch at full scale. We have not yet implemented the technology to any Samsung’s devices yet, but we plan to do so in the next 6-12 months,” says Exxor CEO, Kelvin Rodgers.
Meanwhile, Exxonic Ltd has many more company negotiations in progress, thanks to its advisors from London Imperial College.
Exonic Ltd, a London-based company, is set to revolutionise IoT, making Exxor to be one of the most technologically advanced frameworks on the planet. EXX will be a crypto currency for its networks devices, and the best part is that it uses Directed Acyclic Graphs (DAG) instead of Blockchain technology allows which allows 0% transactions between devices on its network.
“Considering that M2M technologies have the capability to help us improve our world for the better, Exxor represents an important step forward on this quest as it caters to the shortcomings of the current system of digital currencies in the IoT platform,” concludes the CEO, reminding that Exxor’s pre-ICO starts on October 12th.
For more information, please see the following link.
Company name: Exonic LTD
Company site: www.exxor.org
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