Blockchain of Things (BCOT)

Blockchain of Things (BCOT) widget

ICO date: 27.06.2018 - 08.08.2018
Product Type: Service
Industry: IT
Description:

Blockchain of Things, Inc. aims to solve the IoT security problem with the launch of Catenis Enterprise. 

Features:

Oracles transfer off-blockchain information onto the blockchain, but often do it in a centralized way that can create a trust deficit. Through Bcot Global Holdings, edge-based intelligent contracts can act as an Oracle for blockchains such as Ethereum while using the Bitcoin blockchain as an independent, auditable trust layer. This process is facilitated by Bcot Global Holdings’ easy-to-use API and message logging capabilities. By using the Bitcoin blockchain as the independent auditable trust layer, centralized Oracles can add trust layers to further improve user confidence.

Bcot Global Holdings smart-assets can be set to expire after a set period so that they can be used for a time-limited digital key. As such, it is possible to enable secure, blockchain-based hardware as a service since digital keys in the form of a smart-asset can unlock functionality in remote hardware connected to a Bcot Global Holdings virtual device. A third-party developer could leverage this functionality to build industry-specific apps that address the needs of a given market.

Website: www.bcotglobalholdings.com
Whitepaper: Whitepaper

Rating Review and Analytics

Investment rating
NA
Hype score
Low 1.3 / 5.0
Risk score
NA

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See also