Technology and security
In the discussion of technology and security in the context of M2M by MatchCoin, the "Proof of Contact" stands out as a key element that both generates value and reinforces security with every contact. Think of it as a blockchain, but with each new contact and each unpredictable physical contact, it creates an encryption that should outsmart even quantum computers because the physical contact is unpredictable. This approach is based on the idea that the value and security of a network is not only guaranteed by complex algorithms or centralised control mechanisms, but by the direct, human interactions and connections between users.
Proof of Contact utilises the natural, unpredictable patterns of human relationships and interactions to create a network whose security is strengthened with each new connection and contact. Unlike traditional, centralised systems or algorithms, which are often predictable and therefore more vulnerable to attack and manipulation, the decentralised and human-driven nature of the M2M network offers a unique form of security. The interconnections and links between users are so complex and variable that they are difficult for computers to detect and predict, making the network more resilient to external threats.
By emphasising real human contact and interaction as the basis for the network, M2M by MatchCoin lays the foundation for a system in which security and value go hand in hand. Each interaction not only contributes to the collective value of the network by creating relevant and meaningful connections, but also to overall security by forming a complex network of relationships that is difficult to infiltrate.
In summary, M2M by MatchCoin's "Proof of Contact" approach relies on the strength of human relationships and interactions to create a decentralised network that is both valuable and secure. By fostering genuine contact and utilising the natural complexity of these connections, the network offers an innovative solution to the challenges of traditional security and trust models in the digital world.
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