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
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A replay attack is a form of network attack when valid data transmission is fraudulently intercepted, then delayed or resent to mislead the receiver into doing what the hacker wants.
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Microtransaction is a system that made very small payments possible in buying the common digital goods and services, such as purchasing items in a game.
Degen
Cryptotrading without Due Diligence and research - basically gambling
Distributed Ledger Technology (DLT)
Describes the technology that enables distributed ledger.
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