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Topic: ✅✅✅[ANN] IOTW: NEW DISRUPTIVE BLOCKCHAIN TECHNOLOGY✅✅✅ - page 2. (Read 2969 times)

hero member
Activity: 826
Merit: 517
FROM TELEGRAM


"IOTW Tokens as Hackathon Prizes for NEXT BLOCK, Sofia


We are proud to be the Prize Sponsor of The NEXT BLOCK Hackathon in Sofia, launched by Krypton Events, in Sofia, Bulgaria, on September 14. This one-day collaborative event is co-organized with the world's leading blockchain and cryptocurrency companies, including Paysafe, a world leader in global payments, LimeChain as a blockchain consulting partner, community management guru MaZee and IOTW.
Hackathon participants will have a whole day full of fun, coding, and hacking, competing for a total prize of 10,000 BGN and 10,000 USD in IOTW tokens."
full member
Activity: 183
Merit: 100
Why is telegram group not accessible? May you check the link

Telegram group is accessible
Check the link directly from their website.
full member
Activity: 183
Merit: 100
We recently have written an article covering this project on our website.
Hope to get your feedback and further updates if any to make this project more successful.

https://www.cryptotapas.com/ico-review-could-this-be-the-internet-of-things-with-wings-iotw/
member
Activity: 476
Merit: 10
ICO marketer, Translator, Entrepreneur
Why is telegram group not accessible? May you check the link
newbie
Activity: 34
Merit: 0
Hi, everyone! If the your token is officially registered with the US government, then this is very good news for the whole business. This is a good sign for the development and attraction of investments. I believe that the token will be very popular and in demand.
member
Activity: 406
Merit: 10
On Forbes, Frederick Leung, CEO of IOTW, has ventured that: “IOTW is fast and is capable of supporting a large volume of devices. It is also more secure than most common blockchains because of its witnessing protocol. A single enterprise can add hundreds of IoT devices to its infrastructure. With no add-on material cost to mine, a business could readily enjoy the benefits of micro-mining using their existing IoT devices.”


https://www.forbes.com/sites/rogeraitken/2018/08/24/bitcoin-aside-can-blockchain-boost-enterprise-iot-adoption-speeding-up-roi/#ba10fa227b6c
there are also many advantages offered by this project and I am convinced that there will be a lot of support for this project later.
sr. member
Activity: 756
Merit: 250
have you accounted for human behaviour?  I mean if I am in country where electricity costs are low and the value the coin is high enough to cover the bill won’t it defeat the purpose of energy efficiency and saving?

IOTW is a an ecosystem that allows users to utilize their day-to-day IoT devices into a private mining network. IoT device owners will be rewarded with IOTW coins which the devices can use to call up services or spare parts. The owners can also use the IOTW coins to buy goods, services and media content in an open market. For more info please visit https://iotw.io
newbie
Activity: 156
Merit: 0
I'll keep an eye on IOTW. Project sounds interesting. Wish you luck.
member
Activity: 266
Merit: 10
I would like to have a more complete report on your project. Thank you
hero member
Activity: 798
Merit: 500
The point in all of that is simple, in order to generate cryptocurrency it takes a lot of computing power and energy, IOTW helps the users to generate IOTW  token through their daily activity
sr. member
Activity: 686
Merit: 250
IOTW has to create a big buzz around this tech. Participate in bigger blockchain events. Also some friendly 2D animated explainer videos extolling the benefits of proof of assignment and the purpose of the coin. It is very important to get that message across - what is IOTW solving?
hero member
Activity: 910
Merit: 533
 IOTW Announces Strategic Partnerships with Consta Mobile & The California Wine Company Limited. This is great partnership.

Read more: https://cryptovest.com/news/iotw-announces-strategic-partnerships-with-consta-mobile--the-california-wine-company-limited/
hero member
Activity: 826
Merit: 517
IOTW Reviewed by Cryptoniac!!!
Cryptocurrency mining has traditionally been a resource-intensive process, requiring significant processing power and energy. As such it is now concentrated in the hands of a small number of professional players. The IOTW blockchain technology is a completely new architecture with an innovative consensus protocol called Proof of Assignment, which allows IoT devices, no matter how simple they are, to easily mine IOTW coins without the need for any hardware change. The IOTW blockchain is developed for the common people around the world.
https://www.youtube.com/watch?v=lxw1Sa0izBw
jr. member
Activity: 71
Merit: 2
I see that the OP of this project has been tagged with red trust for having organized a scam ICO. That's a heavy accusation which people willing to invest should seriously investigate. If the accusation has no ground, that should be explained too by the team.
hero member
Activity: 2054
Merit: 528
❤ Bitcoin Garden
Bitcoin Garden: Why We Seriously Need to Rethink Blockchain’s Consensus Mechanisms
https://bitcoingarden.org/why-we-seriously-need-to-rethink-blockchains-consensus-mechanisms/

Blockchain is often praised for many of its disruptive abilities and its decentralized structure is one of its main assets.

The technology is naturally democratic, fair, and resistant to third party control and corruption which makes it ideal for all kinds of industries like finance, law, and even government. Blockchain solutions are being developed for things like fair elections, secure supply chain management, and organizing public records.

Another growing industry where blockchain could really make a difference is the Internet of Things where blockchain to make a difference by providing secure and efficient handling of data.

But before blockchain hits the mainstream and starts to really achieve its potential, there are a few problems that need to be addressed.

One of the bigger issues with blockchain is the consensus mechanisms it uses to mine blocks and decide who can add data to the chain....

sr. member
Activity: 756
Merit: 250
So how will I be able to transfer the minted coins from say a refrigerator to a wallet? Are there any legal investor enrollment requirement(KYC) in place?

About first question: IOTW enables mining through your average IOT home devices. The tokens are going straight to your IOTW wallet. This is developer's answer.
hero member
Activity: 826
Merit: 517
IOTW are sure you will find the discussion topics here both entertaining and enlightening! Did you see one of official videos? https://youtu.be/MNppo-JkjP8
hero member
Activity: 910
Merit: 533
 I have a feeling that smartphones could pave the way to mass adoption. If ppl see how easy micro mining is on a device the interact with so often in day, they will definitely be interested. Bear in mind white goods do have a long life whereas smartphones have a shorter lifespan. Ppl tend to replace their phones more often then say their tv and washing machine.
sr. member
Activity: 686
Merit: 250
Proof of Work (PoW), Proof of Stake (PoS), and Proof of Assignment (PoA) are cryptocurrency mining protocols. Essentially, they are computer algorithms that allow cryptocurrencies to function. 

If you’ve been following the crypto world, then you’re probably already familiar with the two main protocols known as PoW and PoS.

https://ambcrypto.com/proof-of-assignment-poa-vs-proof-of-work-pow-and-proof-of-stake-pos/
hero member
Activity: 1078
Merit: 502
Hello, do you agreements with smart phone brands to have your software pre-installed? I'm sure that this project will help a lot of people all over the World.
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