
As clearly indicated above, cryptocurrencies will play a major role in the future of the encryption of things and there is a definite need for a cryptocurrency that can fill this gap, thus the introduction of the EOT – Coin. As we know bitcoin is the first cryptocurrency and has now been proven as a currency as well as for its security aspects. There are however a few issues with using bitcoin “ as is” for the encryption of things and EOT was thus designed with a few modifications to bitcoin. EOT uses the bitcoin source code but with a few modifications.