ICO Exxor

Exxor’s vision is to connect all the world devices into a single DAG based network. EXX is a cryptocurrency for Internet Of Things.

The philosophy behind Exxor and the world’s first cryptocurrency, Bitcoin, is relatively the same, with the difference being that Exxor aims to make online machine-to-machine (M2M) digital transactions more secure in the long run, as compared to peer-to-peer interactions in the latter.

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.

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.