*I'm not the owner of the project/ICO, i'm only a campaign manager. For any question you can contact the
Exxor.org Team
Next Generation IOT ExxorExxor’s vision is to connect all the world devices into a single DAG based network. EXX is a cryptocurrency for Internet Of Things.Tokens sold:
Exxor is a cryptocurrency fine-tuned to provide efficient M2M interactions in the IoT industry. Instead of block chain it uses Directed Acylic Graphs (DAG) which enables zero fees on micro transactions, high scalability and offline transactions. Exxor uses a technology derived by DAG in which every transaction forms its own block verified by two randomly chosen previous transactions.
Media mentions in the news
Technology for enterprises
By combining IoT data with cognitive computing, businesses can extract valuable insights to improve virtually every aspect of their operations and enable innovative, new business models.
Companies like Samsung & Apple are promising that most of their devices will be IoT compatible by the year 2020.
The Internet of Things Market size
* Includes Industrial IoT and Non-wearable Consumer IoT, not Wearable Consumer IoT units
Benefits of IoT
Integrating the block chain technology with IoT gives us various benefits such as:
- A decentralized system where the ledger will be distributed to every entity on the network
- A trust system which does not require the entities to know each other on the platform
- The ability to provide micro transaction services at considerable speeds due to the elimination of the “middle-man”. The collected data can be solved to companies
- A higher difficulty of data being tampered due to the big number of nodes present on the network and the Proof of Work (POW) requiring high computational resources for someone to do so
- The ability to backtrack previous activities with guaranteed validity thus making it easier to make smart contracts.
- Tracking activities and certifications to their genesis phase, such as a supply chain over its whole process so that any physical outcome is accompanied by a ‘digital passport’ that proves its authenticity and origin (IBM Watson IoT block chain)
- Sharing of indelible records with regulatory bodies and insurers
- Can be scaled down to make ‘smart home IoT ecosystems’, with cryptographic hashes of device firmware stored in a bock chain to reduce verification time
ICO fundraising Why Exxor?Exxor core technology is Directed Acyclic Graphs (D.A.G). For Internet of Things, D.A.G. is much more effective than Blockchain.
D.A.G. vs Blockchain Join usExxor is building a community to expand this project together.