Review on Po.et by francis fernandez
Poet: a blockchain designed for authors and creators of creative intellectual property content
Poet (Proof of Elasep Time) is a decentralized platform that allows to register, display and trade the ownership of content, through the use of blockchain technology; allowing an online interaction between publishers and creators to market their works, projects or ideas through the use of a cryptocurrency.
The main function of this project is to create an open and decentralized ecosystem for the recording of unalterable information related to creative content.
What characteristics can we highlight from Poet?
This platform uses the POE token, a digital asset hosted on the Ethereum blockchain that gives it its compatibility with the ERC-20 token.
Due to its origins, the POE cryptocurrency has broad advantages in terms of interoperability with wallets, smart contracts and other protocols of previous existence.
Poet is a protocol that protects intellectual property thanks to its immutable data technology.
It also creates a safe and reliable database as a reference model for searching for content on the web.
Poet also encourages the creation of an open electronic marketplace for the commercialization of virtual content.
What is your technology?
Poet employs the Proof-of-Time consensus protocol that gives the blockchain high scalability and privacy.
How is POE digital currency acquired?
POE cannot be mined. However, the digital asset can be acquired through deposits, cryptocurrencies, credit and debit cards and in exchanges such as Binance using various payment instruments, such as: FIAT currencies, cryptocurrencies (Bitcoin, Litecoin, ETH, BNB, among other).
Where to store POE cryptocurrency?
Poet supports several free, hot and cold wallet options such as Ledger and MyEtherWallet.
Pros
- Guarantees intellectual property by having immutable records
- Provides the opportunity for creators and publishers to develop and trade their projects through a secure platform.
- It is a form of commerce for authors and publishers with a secure and decentralized digital currency.
Cons
- The currency cannot be mined.
