Internet of Things (IoT)
By Cryptomcmillan1 | Updated on Aug 12, 2021
It is a system that lets any devices that are connected to internet to comunicate with each other without human-to-human or human-to-devices interactions. For example, an airconditioner than can be switch on and off via smartphone, or the motion sensor that would swich on the light in your office.
Related Terms
Gwei
The monetary domination of gas, involving Ether
Variable Buy/Sell Tax
On-chain buy sell tax rate that is not fixed, whereby it is possible for contract owners to change at will.
Sim Swapping
It is a tactic where hacker overtake the mobile phone to exploit the two-factor authentication and two-step verification.
QR Code
Abbreviation "Quick Response Code", QR code is a machine readable optical label that stores up to 3Kb of data
Hungry for more knowledge?
Back to Glossary or Subscribe to our newsletter.