CryptoCurrency experimented by Samsung for IoT (Internet of Things)

Nowadays the way we do our business and the way we live is being changed by The Internet of Things and Blockchain. The recent statistics describes that the number of its usage will be increased by a huge number of users since it is growing constantly from these days.

Exxor, a Cryptocurrency which is created to provide decentralized, efficient, secure and no cost machine to machine interactions in the Internet of Things industry, and will also be a part of Samsung’s journey.

Exxor CEO, Kelvin Rodgers says:

“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.”

Exonic Ltd, is a London-based Company, is all set to revolutionize Internet of Things, by making Exxor be one of the most technically advanced frameworks in the world. EXX is a Cryptocurrency which will be used for its network devices and the good part is that it uses Directed Acyclic Graphs(DAG) rather than Blockchain technology, which allows the 0% transactions between the devices of its network.

CEO reminded that Exxor’s pre-ICO will be starting from 12th October and said:

“Considering that M2M technologies have the capability to help us improve our world for the better, Exxor represents an important step forward in this quest as it caters to the shortcomings of the current system of digital currencies in the IoT platform.”

 

 

Disclaimer :The opinions communicated in this article do not represent the views of Coindelite or any of its team members. Coindelite is not responsible for the reliability of any of the data provided in Sponsored Stories/Press Releases, for example, this one

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