Intelligent Internet of Things Token (IIOTT)'s current price is $ 0.00250893. Over the last 24 hours, its price has increased, with a change of +0.00%. This reflects the market's latest evaluation of IIOTT's value.
Intelligent Internet of Things Token (IIOTT) is a cryptocurrency concept seeking to bridge the gap between blockchain technology and the Internet of Things (IoT). The project's vision is to integrate blockchain's decentralized and secure ledger capabilities into IoT devices, fostering a more secure and efficient environment for device interconnectivity and data exchange.
The team behind Intelligent Internet of Things Token is presumably a group of developers and entrepreneurs versed in blockchain technology and IoT devices, although specific names and their backgrounds are not outlined here. Interested individuals can typically find more information about the team on the project's official website or whitepaper.
Intelligent Internet of Things Token operates by utilizing a blockchain protocol designed to secure communications between IoT devices. These devices generate vast amounts of data, and by harnessing the blockchain, IIOTT would claim to offer a tamper-proof and transparent ledger for this data. However, the specific mechanics of how IIOTT integrates with IoT devices can generally be found on the website or documentation provided by the project.
The benefits of using IIOTT would likely include enhanced security and privacy for IoT devices due to blockchain's inherent characteristics. Additionally, this could mean a reduction in operational costs through more efficient data handling, potentially creating a more reliable network of devices with a decentralized approach.
The technology behind IIOTT is based on blockchain, which provides a decentralized ledger for all IoT communications and transactions. The platform might use smart contracts to automate processes and ensure the integrity of device interactions. The blockchain's immutability could also help prevent fraud and unauthorized access to IoT networks.
The specific type of blockchain IIOTT uses is not provided here, but it would typically either be a proprietary blockchain designed specifically for IoT applications or it could be built on top of an existing blockchain that supports smart contract functionality and can handle large volumes of microtransactions efficiently, which are common in IoT operations.
IIOTT aims to differentiate itself by focusing specifically on the IoT market, which is somewhat niche in the blockchain space. Its unique proposition comes from addressing the challenges in the IoT industry like security, reliability, and scalability through leveraging blockchain technology.
The current circulating supply of Intelligent Internet of Things Token is , contributing to its market capitalization. The total supply - the maximum number of tokens that will ever exist - is 1000.0M.
With a market capitalization of $ , Intelligent Internet of Things Token is ranked at #1 in the cryptocurrency market. This valuation is reflective of the multiply of its current circulating supply and the market price per token.
Intelligent Internet of Things Token (IIOTT) can be purchased on cryptocurrency exchanges that list the token. Currently, it's available on the following exchanges: ZBG. Always ensure you're using a reputable exchange and take steps to secure your investment.
To keep your Intelligent Internet of Things Tokens safe, it's crucial to use secure wallets, preferably hardware wallets for large amounts, and to maintain good cybersecurity practices such as using strong and unique passwords, enabling two-factor authentication, and never sharing your private keys with anyone. It's also important to stay updated on best security practices from trusted sources in the crypto community.
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