SmartMesh SMT

$0.0064
Market Cap $ 9.063 MM (#233)
24h Volume $ 46.761 K
Chg. 24h: 3.73%
Algo. score 3.4/5  (#275)
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SmartMesh project purpose and description

SmartMesh clarity of purpose

SmartMesh purpose and aspects

"The SmartMesh is a blockchain-based IoT protocol that enables smartphones, onboard devices and others to connect to each other without the Internet. The SmartMesh team will leverage the Ethererum blockchain to provide a faster, resilient, and a decentralized network with higher bandwidth than the Internet. The SmartMesh token (SMT) is an ERC-20 token that will be used to purchase products and services in the SmartMesh network, and also to encourage the SmartMesh node contributors."

SmartMesh categories

Internet decentralization

Short description

We build a mesh network protocol and micropayment in tokens so you will get rewarded for sharing your smartphone to build a global mesh. Mesh Network: A network infrastructure with each device acting as a data relay; Data packets hop through the best path to reach the intended destination. SmartMesh Network is: Robust, Private, Resilient

Abstract

Mesh network is an ad hoc network that can be automatically established between radio nodes such as mobile devices. It is more private, resilient, and efficient and often comes free, yet it has a challenge to scale, one of the reasons is the lack of economic incentives. In this project, we provide with such an incentive by introducing a crypto token, of which people can "mine" when they share their nodes.

Link to Roadmap: https://smartmesh.io/
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