pEOS is a smart contract implementation of a privacy token, based on the technology that powers the anonymous cryptocurrency Monero, which is capable of running on top of EOSIO software. It allows private and untraceable transactions of, its EOS-based token, pEOS, among EOS users. Before EOSIO enabled developers to utilize system level languages like C++, the development of highly complex smart contracts like pEOS was almost impossible.

Although 'PEOS' was the ticker assigned at the deployment of the pEOS Token's smart contract, it is already in use by another asset that has a larger market presence and higher trading volume on major exchanges. Due to this pre-existing association and to avoid confusion in the marketplace, the alternative ticker 'PEOSONE' has been adopted for this token. This designation is specifically used to ensure that assets are distinctly identified.