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ISO6742: Discrete inputs and outputs

Part Number: ISO6742

Hello Team,

Posting on be half of my customer.

Can this device be used for discrete inputs and outputs? What I understood of the chip it doesn't rely on processing. So if I only change voltage levels once in a 5 minute period, the chip would still transfer the voltage change. It could handle a '0.001 bps' data rate?

Regards,
Renan