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Author Topic: EOT - Encryption of things  (Read 6596 times)

goldenhall

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EOT - Encryption of things
« on: December 09, 2017, 08:44:31 PM »
EOT - Encryption of Things

Introducing the “Encryption of Things” - EOT


There is a huge surge in devices attached to the internet, known as the Internet of Things, and it is estimated that over 80 Billion devices will be connected to the internet by 2025, from industrial machines to devices in our home.  The constant hacking and cyber attacks have increased not only the demand but the necessity of secure solutions.  Our privacy and digital footprint are at risk. 


Some examples where encryption plays a role:-


Secure messaging - To make messages truly secure we need a process whereby a cryptography can be applied to encrypt transaction.
 

Secure calling - Secure calling is a process whereby the caller and the recipient of the call are identified and linked via a blockchain enabled cryptocurrency transfer, again creating public and private encryption keys making the call truly private.


Secure media storage - To safely and securely store media a process is required where 1.) Access to the media is encrypted via public and private keys of the person wanting to store the media. 2.) The media itself needs to be encrypted with a set of encryption keys and 3.) Media storage costs need to be paid via cryptocurrency


Secure browsing - To browse the internet securely we need to create a process of verification whereby nodes on the blockchain can verify websites as “safe”. Furthermore, the entire process needs to be encrypted as well.


Verification - This is one of the most important uses of a blockchain, we can verify websites as in the example above but also various other things such as identity, title and ownership, date stamps and source of products as with the verification of the source of agricultural or other products. These are just a few examples. All of this data needs to be encrypted as well.


“Smart home” security - Wi-Fi is often used for remote monitoring and control. Home devices, when remotely monitored and controlled via the Internet, are an important constituent of the Internet of Things - all needing encryption, otherwise, hackers paradise.


EOT in the future - The examples we mentioned above are only “scratching the surface” of where these technologies are applicable and who knows what will be invented in future. Google, Apple and Uber are all testing cars that drive themselves. A major issue with this technology is again the security aspect and the need to protect against hacking and who want’s to get into a spaceship to Mars that might be hacked or hijacked by ransomware?


So the future for the “Encryption of Things” – EOT, looks very interesting indeed and the role of crypto currencies in this will be major.


WHITE PAPER

Read the full white paper here - http://eottoken.com/index.php/whitepaper/




The first device using EOT Coin is the BitVault® - the World's first crypto communicator and blockchain phone. The BitVault is a revolutionary new product that is built around security and privacy enabled through Blockchain technology. Biometric Security enabled through fingerprint and iris scan. Iris patterns are unique to you and are virtually impossible to replicate. This means that iris authentication is one of the safest ways to keep your BitVault locked and the contents private. Proven Biometric technology brings a whole new level of security to your crypto currency and blockchain transactions. Creating Military grade security for your device through third party independent Multilayer security.


ROADMAP :

September 2017 – Swiss Bank in Your Pocket integrates EOT Wallet(Achived)

October 2017 – BitVault®, the world’s first blockchain phone launches in London with integration of EOT for secure calling, secure messaging and secure browsing (First batch shipped)

November 2017 – BitVault® Global App Store launches for developers to develop their own applications (Achived)

November 2017 – Website EOT Payment Gateway for WordPress and WooCommerce (ACHIVED)

December 2017 – Cryptodoc stores all your documents securely and encrypted on your PC

December 2017 – Password Wallet stores all your passwords for applications and websites encrypted on your PC
January 2018 – Smart Router for secure, encrypted internet which is direct, safe and easy

January 2018 – EOT Camera, an Encryption of Things connected camera

February 2018 – EOT Development Kit for hardware devices




EOT payment gateway live on swissbankinyourpocket.com, Now you can buy SBIYP and BitVault using EOT coins

More on the BitVault here:-
https://swissbankinyourpocket.com/bitvault/
https://swissbankinyourpocket.com/bitvault-apps/
https://bitcointalk.org/index.php?topic=2152534.0


JOIN US ON EOT SLACK : https://join.slack.com/t/eot-coin/shared_invite/enQtMjc3NzkxNzY5NzQ0LTFjMWI5NTJjOGEzYjU5ZDk0ZjRjZWE3MzBkNmI0MmQ2NTUzMTBkOGQ1YmEyNTllMmNiYzA3MGZjOGVmY2IyZGU

EOT Tokens

The EOT Token is trading on the Waves Platform, TOKENS are 1:1 image of EOT coins, EOT coins can be converted to tokens and vice versa using gateway service in SBIYP hardware wallet. if you do not have that hardware wallet, you can contact members on slack who have purchased SBIYP to do that swap for you.


TOKEN DETAILS

Name : EOT Token (Verified)

Identifier : GdnNbe6E3txF63gv3rxhpfxytTJtG7ZYyHAvWWrrEbK5

Total supply : 100,000,000

EOT token (EOT) markets added on the Tidex Exchange
https://tidex.com/exchange/eot/btc
https://tidex.com/exchange/eot/waves


EOT Coin details (currently minable)

Source  https://github.com/EmbeddedDownloads/EOTCoin

windows wallet https://github.com/EmbeddedDownloads/EOTCoin/releases/download/v1.0.0.1/EOTCoin-win.exe

windows Desktop wallet https://github.com/EmbeddedDownloads/EOT-Coin-Windows-Desktop-Wallet/releases/download/1.0/EOTCoinDesktopWallet1-0.zip

MAC Wallet https://github.com/EmbeddedDownloads/EOTCoin/releases/download/v1.0.0.1/EOTCOIN-Qt-OSX-v1001.dmg

WEB wallet http://eot.digital (Closing, please withdraw your coins)

ANDROID wallet https://github.com/EmbeddedDownloads/EOTAndroidWallet/releases

Block Explorer http://www.eot.digital:3622/

Block Explorer 2 http://www.eotcoin.info (created by @Luanptit)

Block reward 100 Coins, ALGORITHM SCRYPT, BLOCK TIME 90 seconds

MINING POOLS

Official mining pool http://www.eot.digital:3001/
Getting Started   minerd -a scrypt -o stratum+tcp://www.eot.digital:3256 -u WalletAddressWhereYouWantYourMiningCoins -p 1

unofficial Mining pools
http://www.altminer.net

http://antminepool.com

http://coinminers.net/

http://www.vivocryptopool.com

Currently EOT is traded on WAVES DEX, Crypto-Bridge DEX and TIDEX. Big exchanges will be available soon, exchanges are in comkmunication.

Opportunities are available with EOT - from Development, Mining, Trading as well as other business opportunities built around the EOT currency and the "Encryption of Things"

Bitvault on Yahoo Finance
https://finance.yahoo.com/news/bitvault-worlds-first-blockchain-phone-201600279.html



Press release 4th October 2017
yahoo Finance https://finance.yahoo.com/news/bitvault-announces-london-launch-161000826.html?soc_src=community&soc_trk=tw


Some Helpful Information


You have been keeping a great secret.

I've been doing a bit of research with the technology behind this coin. It looks like ALOT of research has gone into this tech, since about 2004 and shortly after a patent for this P2P system was quickly issued.

Bitvault (https://swissbankinyourpocket.com/product/bitvault/) who are using the worlds first blockchain phone as a secure communication device and ultimately taking encryption to the Internet Of Things (IoT) keeping our personal and business data secure. All this is done using EOT coin (Encryption of Things).

In todays world insecure devices are rampant. Here are a couple of links about the CIA being able to use insecure devices to 'cause accidents' http://www.sandiegouniontribune.com/news/cyber-life/sd-me-wikileaks-cia-20170307-story.html and https://www.washingtonpost.com/news/innovations/wp/2017/03/08/what-we-know-about-car-hacking-the-cia-and-those-wikileaks-claims/

It's scary to think a legal entity could posses such power over life. Just the mere fact alone the governing authority can request phone records (e.g. txt msgs, voice msgs or eavesdropping) proves most if not all  telecommunication companies do not encrypt, otherwise whats the point on requesting the information!? (legal or not).

Commercially sensitive information needs to be protected and most importantly in my opinion our rights and the privacy of all citizens of the human race need to be protected.

From my understanding BitVault is a platform for reference data. This would be data that is stored for compliance reasons such as e-mails, invoicing systems and check imaging (e.g. high quality imaging for x-rays, MRI scans etc) and a prototype was developed in 2004. This would means massive amount of data storage is required with fail-safe systems so a authorised user could access this information very very quickly.

Three goals were needed to be achieved: Low cost, high reliability/availability and simplicity. This is the birth of Bitvault via EOT.

Bitvault ultimately stores immutable objects with each new version being updated and identified with a 160-bit key.

System stability is very important and must be immune to failure sequences. Parallel repair via indexing is one of the many strengths Bitvault has been able to demonstrate.

BitVault is a back-end system that uses Applications to catalog object ID's. Using a catalog utility and indexing within an application prevented scalability bottlenecking under heavy loads.

Fast forward 3 years to 2007 a very important decision was to decentralise BitVaults system. This in my opinion is one of the fundamental principles of cryptocurrency - No one entity or person has any control of the data stored and only the authorised user can access this info. Ultimate Security and thus personal safety (see above articles CIA hacks). BitVault using applications have been able to use provable communication and data storage with ease of retrieval with vital security measures.

BitVault is not alone in researching solutions for security for the IoT, such as Venti and the like are making progress, however, BitVault is 'head and shoulders' above the few competitors and are already offering practical working solutions on the market with huge scalability that is cost effective.

Well Done BitVault, well done EOT your secret is out and let the world embrace.




I have had a response in Slack and it has satisfied my questions. Thank-you.
[/u]
For everyone information here it is:

The currency was created with 200 Million EOT total supply on 7 July 2017 [ we showed it to the community a London Fintech week with the demonstration of the BitVault - fintechweek.com ]

100 Million was pre-mined and another 100 Million are currently being mined, 1 block every 90 seconds @ 100 coins per block.

So the pre-mined coins were listed on waves as a token so that it can create a market for the coins while we are working to get listed on other exchanges.

The 100 Million coins listed were distributed in several ways. Firstly, this was not an ICO because our business is already funded via private capital. We wanted to get the  currency distributed a widely as possible. So most of the initial coins were given away to a number of interested parties. We distributed this to our whole development team, business partners, employees as well as  to the waves and other communities.  So we did not sell all these coins for the current price, most of it was given away for free to people that have an interest in our products and business. The price now is formed by whoever owns these coins.

The tokens on the exchange is really a representation of the currency and as such has value because it can be interchanged, just like Bitcoin and Ethereum are on the waves exchange. This whole process is explained on page 4 of the waves whitepaper, I think they call it an asset-to-asset exchange which makes it possible to list any asset that exist on waves.  Unfortunately waves only has gateways currently for Bitcoin, Ethereum, Waves, Euro and USD, so we have to develop our own gateway, which will be available on Nov 1.


So to clarify 100,000,000 tokens costing $190M were not sold. It is a combination of airdrops, private sales and sales on the exchange.

Some EOT coins are needed because:  "A lot of EOT will be distributed through our devices. For example our encrypted routers are pre-loaded with EOT, so we need that stock and it will be distributed that way".

And with the response to tokens on the Waves Exchange "This is how Bitcoin works on waves: - They created 21 Million BTC Tokens.. When you deposit Bitcoin into waves account, you receive an equal amount of tokens which you can either trade or even sent via the waves blockchain to another user.. Once you withdraw your tokens are exchanged for BTC and you receive it back into your BTC wallet.. Exactly the same for USD or EUR - You don't send Euro's to another client on waves if you transfer - you send a token that represents EUR -- This works exactly the w0083".

These are the answers I was looking for and make a lot of sense now. This is indeed an exciting project. :)

It's time to trade....

Now I have one question left....

Is there anyone using NiceHash to mine this coin?? I keep being disconnected because of the difficulty being too low. Can any one help?

EOT (coin) is now tradable on the CryptoBridge Decentralised Exchange, you can sign up below.

Please note this is for the EOT COIN ONLY, do not send tokens to this dex. This is a secure means to trade with the backend being on a blockchain. It is still in beta stage but has been working flawlessly so far. If you'd like more info I will post their website link is below.


https://wallet.crypto-bridge.org/?r=388691

You can sign up with a local wallet mode, meaning you are the only one with access to your keys, this is most secure.
There is also the option to sign up with and account if you require access to you funds on the go.

More info:

https://crypto-bridge.org/


« Last Edit: December 11, 2017, 02:58:55 PM by goldenhall »

ganeshramk

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Re: EOT - Encryption of things
« Reply #1 on: December 10, 2017, 10:01:14 PM »
EOT coin is an emerging coin and its the future of cryptocurrency world. Now its time to buy and put it in vault which will eventually give good profit in future. Active community support is also visible together with active developer, sure to go to moon.

Adil4857

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Re: EOT - Encryption of things
« Reply #2 on: December 10, 2017, 10:30:05 PM »
This is right Time to buy EoT at low price instead of other currencies. Soon it will be registered on few exchanges and you can get handsome returns.

Marcosgarcia999

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Re: EOT - Encryption of things
« Reply #3 on: December 10, 2017, 10:59:52 PM »
I am always interested in the concept of security, this project will greatly help many people to maintain their privacy in the internet world, I see a nice interface. Eot will go to the Moon.

snikers3553

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Re: EOT - Encryption of things
« Reply #4 on: December 10, 2017, 11:35:05 PM »
A very impressive new project, I will study it again and monitor its progress. Hopefully this project runs smoothly.

Dugari

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Re: EOT - Encryption of things
« Reply #5 on: December 11, 2017, 02:41:06 AM »
Interesting project. I will tell my friends. The team and resources looks professional.
I think you will succeed.
Good luck!

mrashidbutt

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Re: EOT - Encryption of things
« Reply #6 on: December 11, 2017, 04:41:28 AM »
Awesome project with concept of security

bitcoindo2

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Re: EOT - Encryption of things
« Reply #7 on: December 11, 2017, 05:35:17 AM »
The most fundamental thing that we need in this online world is security, how you can sleep well when everything about you is spreading nowadays and could be accessed by other people easily? So the idea that EOT brings would solve the problem, that's why I'll support it.

gwensarah1

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Re: EOT - Encryption of things
« Reply #8 on: December 11, 2017, 09:21:37 AM »
EOT is one of the most interesting and promising projects, in which I and the whole community believe! In the near future we will see the REVOLUTION in the world of crypto currency and #EOT will be the main player in this market!

FishSticks

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Re: EOT - Encryption of things
« Reply #9 on: December 11, 2017, 09:55:28 AM »
EOT is going to be an amazing investment... Everything needs encryption, and will in the future. I can't wait for this to explode!

CryptoBTC74

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Re: EOT - Encryption of things
« Reply #10 on: December 11, 2017, 10:39:03 AM »
EOT
A new cryptocurrency designed with a purpose and use has just entered the cryptocurrency market. 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.

EOT Token – Cryptocurrency tokens used for the Encryption of things

eottoken.com/

sizzlars

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Re: EOT - Encryption of things
« Reply #11 on: December 11, 2017, 11:33:59 AM »
EOT type project is giving leverages for upcoming project to think innovative and open new world of Technology. mind blowing concept of Routers encryption. We must invest on this project.

crryptochain

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Re: EOT - Encryption of things
« Reply #12 on: December 11, 2017, 02:04:35 PM »
with internet of things been seen as the new wave of theworld. Eot is your best use for real world application

goldenhall

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Re: EOT - Encryption of things
« Reply #13 on: December 11, 2017, 04:34:58 PM »
The physical device that use EOT will be shipping soon.

kalunomics

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Re: EOT - Encryption of things
« Reply #14 on: December 11, 2017, 11:00:54 PM »
This project has all it takes to be a $20 coin in less than a year. I am definitely getting myself more of this!

 

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