June 19 news, according to Futurism, the US mainstream online media BI research shows that by 2020, the global networked equipment is expected to exceed 24 billion. This means that everyone on the planet will have at least four connected devices. These devices make up the huge Internet of Things that will permanently change our world.
The Internet of Things connects the world of human physics with the digital world of data. Computers, smart phones, smart watches, tablets, modern TVs, and wearable devices are all important parts of the Internet of Things. In addition, daily household appliances (such as thermostats, smoke detectors) and so on have also begun to have intelligent functions, thus joining the ranks of the Internet of Things. Our entire transportation system, working methods and even social methods will change due to the Internet of Things.
While there are many things that together drive the growth of the Internet of Things, there are several basic factors that are easily identified. First, network connectivity is spreading and will soon become ubiquitous. For example, New York State in 2018 will be the first state in the United States, and every household will have broadband connectivity and even cover all rural areas. Another factor is that mobile technology is rapidly improving, and the use of remote and mobile devices is becoming more widespread. This means that prices will drop dramatically and network access will increase dramatically. For example, Nokia is bringing 5G technology to India.
Along these trends, more and more funds are being invested in the Internet of Things, as more and more companies and governments recognize their importance. The US government invested $8.8 billion in the Internet of Things in 2015, an increase of $1.1 billion over 2014. At the same time, the price of connected sensors that most IoT devices rely on is also dropping sharply, which means that the price of IoT devices will also decrease, and more people can afford them.
As the Internet of Things grows, security challenges will become more severe and may even affect personal rights and privacy. However, the overall growth of the Internet of Things means that more and more people have more opportunities. The best way to respond to it is to plan and solve them before they occur.
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Zcoin is a digital currency that aims to create a truly anonymous method of trading.
One big obstacle to Bitcoin's emergence as an electronic currency is that all its transactions are visible on a public blockchain. As a result, Bitcoin's interchangeability has been controversial. Some people or companies (mainly exchanges) will not accept bitcoins for certain addresses. Such scrutiny runs counter to Bitcoin's core philosophy.
Zibo is the latest attempt to create a currency that can be verified without knowing the input and output of a cryptographic signature. This is called a zero-knowledge proof. DASH and Monero are two other digital currencies that are also trying to solve the same problem using different encryption methods.
The whole world is buzzing about zeros. A lot of people respect the Zibo development team. They have received investments from prominent Bitcoin venture capital firms such as Pantera, Distributed Capital, and Digital Currency Group. Bitcoin luminaries such as Roger Ver, Erik Voorhees, Barry Silbert, and Li Xiaolai have invested in Zcoin out of their own pockets. Confirmation bias is an important factor in why investors choose one project over another. If the leading players in the bitcoin industry are investing, it must be a good thing, right?
Unfortunately, Zcoin did not issue an initial currency offering (ICO) to investors. ZEC is the three-digit currency code for zerocoin. ZEC will initially be mined, just like Bitcoin. But unlike Bitcoin, which was full of unknowns when it was first launched, ZEC's founding block is a high-profile one. ZEC prices have skyrocketed because of extreme demand.
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