Exxor

Exxor’s vision is to connect all the world devices into a single DAG based network. EXX is a cryptocurrency for Internet Of Things.

Since the inception of the world’s first decentralized peer-to- peer cryptocurrency i.e. Bitcoin, Block chain technology, which serves as the backbone of this revolutionary idea, has been scaled up to cater to various digital businesses worldwide; especially businesses related to the Internet of Things (IoT) Industry. With the recent boom in the value of bitcoin, many software experts and businesses are beginning to realize the potential of the technology behind it and how it may be improved to survive the influx of quantum computing in the future. One such company, which aims to evolve the current dynamics of block chain to assimilate it in the IOT industry, is Exxor. The philosophy behind Exxor and the world’s first cryptocurrency, Bitcoin, is relatively the same, with the difference being that Exxor aims to make online machine-to-machine (M2M) digital transactions more secure in the long run, as compared to peer-to-peer interactions in the latter. To achieve such, the company is making inroads into disrupting the technology behind it (Block chains) in a good way. This paper analyzes how such tweaks will affect the future of cryptocurrency in the IoT industry followed by a discussion of how it compares to other similar technologies inspired by Block chains: IOTA and the IBM Watson Block Chain system

Start trading over 200 cryptocurrencies right here on bitni.com - no signup required!