EOT Embedded Messenger Available

The Embedded Vault messenger uses blockchain technology giving users the ability to send messages from public key to public key, creating a secure and private messaging environment
10 April 2018   1939

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. 

US Crypto Companies to Support TON in Case With SEC

The Blockchain Association said Telegram taken sufficient measures to ensure that the Gram token offer met SEC requirements
23 January 2020   121

The Blockchain Association, which combines companies such as Coinbase, Circle, 0x and Ripple, issued an expert opinion as part of the ongoing proceedings of the US Securities and Exchange Commission (SEC) with Telegram.

Previously, the Digital Commerce Chamber launched a similar initiative. The blockchain association, however, was more straightforward and stated that Telegram had taken sufficient measures to ensure that the Gram token offer met SEC requirements. According to members of the organization, the actions of the SEC can damage not only Telegram, but the market as a whole.

The Court should not block a long-planned, highly anticipated product launch by interfering with a contract between sophisticated private parties. Doing so would needlessly harm the investors that securities laws were designed to protect.

 

The Blockchain Association

The Blockchain Association notes that for many years it has not been possible for SEC to obtain clear and unambiguous guidance for conducting activities in the cryptocurrency space, while the claims of the regulator make the current situation even more ambiguous. 

The SEC’s lawsuit also raises novel questions regarding whether companies are forbidden from raising funds from sophisticated U.S. investors, under well-established regulatory provisions, to build blockchain networks.

 

The Blockchain Association

They cite examples of startups TurnKey Jet and Pocketful of Quarters, in respect of which the regulator recommended not to apply legal measures, adding that such litigations inevitably involve high costs and do not guarantee industry participants that they will not be prosecuted in the future.

Telegram discussed its plans with SEC staff for a year and a half, provided copious information and responded to limited feedback by adjusting the design of its transaction. Yet, at the end, the SEC has sued, and the SEC’s briefs thus far say nothing about the substance of those discussions. 

 

The Blockchain Association

In conclusion, the group asks the court to “reject the SEC’s arguments that the not-yet-in-existence Grams were securities at the time of the Purchase Agreements.”