EOT, which means Encryption of Things is a utility coin, a fully fledged, open source, decentralized cryptocurrency with blockchain and operational mining. EOT is a peer to peer payment system with new blocks mined every 90 seconds thus ensuring fast and efficient transactions. EOT was developed for the purpose of encrypting devices and applications connected to the internet, IoT, known as the “Internet of Things”.
The Embedded Vault messenger, which was released quite recently, uses blockchain technology giving users the ability to send messages from public key to public key, creating a secure and private messaging environment.
The main features:
- Dynamic Key creation – Your private keys are never stored
- Using your phone, PC and blockchain together
- Biometric security
- You are in control of your private keys – You Are the Key
- Secure Cryptocurrency Wallets for Bitcoin, EOT coin, Waves, EOT token, EOT coin to EOT Token exchange
Every message is encrypted with a process whereby a public blockchain transaction on the EOT blockchain is used to encrypt the message and then sent to the key of the receiver on the EOT blockchain, and a very small amount of EOT is used for every message.
It is worth noting that Embedded Vault is owned and developed by Embedded Downloads.