NFT tokens are hitting the investment scene these days with incredible reviews and all kinds of brands and major artists. On the technology side, SmartKey shows that NFT tokens can not only be used for speculation, but also bring real value and benefit to the world. The project is now listed on KuCoin and will support trading with SKEY from March 19, 2021.
SmartKey brings blockchain technology to reality
SmartKey is a platform that connects the DeFi revolution with real world objects. Unlike so many projects in this field that promise a lot but have nothing real to show, SmartKey has a working blockchain technology that is already being used to save lives not only by companies but also by government emergency services. Last year it made headlines around the world when the Polish city of Olsztyn used blockchain technology to streamline its fire, ambulance and police teams and reduce critical response times – using SmartKey.
The advanced technologies for SmartKey are critical to the 21st century sharing economy. The platform combines the technology of the Oracle II generation with the Blockchain Of Things (BoT) technology and creates digital contracts that enable access to certain values such as office and apartment rent, parking and car sharing systems. The combination of these three technologies creates a unique smart contract in the form of an NFT token called SmartKey, which defines the rules for accessing a specific value that is managed by an IoT sensor that grants access. The NFT SmartKey contract is an IT record of the device and manages the locks, sensors, user verification, price, time and many others.
For simple real-world examples, imagine a car that is only unlocked with a specific NTF token or a hotel where visitors can unlock doors with a SmartKey device so that IoT sensors keep track of how long they have been in And charge it automatically. The system is so advanced that it can add value to the contract by setting the time of room access, price, user verification rules, adding a deposit, or choosing other items that will affect the value, such as: Weather, seasonality received by an oracle.
Why should you invest in SmartKey?
With SmartKey technology, hundreds of new business models will emerge that were previously unimaginable. However, you don’t have to start a smart city project or anything like that to benefit from it. You can already participate in the success today. The SmartKey token (SKEY) is now available on the KuCoin cryptocurrency exchange. The SKEY / USDT trading pair will be supported from March 19, 2021.
Impressive partners such as Teltonika, Ferguson, Chainlink, Geodb and Ferrum trust in the technology. Teltonika is a company that has sold over 10 million IoT devices and is actively supporting the project. Its devices are used by over 1,000 companies around the world. Ferguson is the leading provider of smart home solutions in Europe. The remaining projects provide support for blockchain processes, i.e. H. Active deposits or the ability to geolocate blockchain records.
Many supporters of the SmartKey project believe it has what it takes to become one of the top 10 crypto assets by market valuation as it has many things to offer. The project has been in operation since 2018 and was created by an experienced team of entrepreneurs from the IoT and blockchain industry. The technology is indeed useful in today’s real world, and the number of possible customizations planned for IoT devices is in the tens of millions.
The project also has little competition in this area: Only 4 out of 4,000 projects listed on CMC or Coingecko are working on a similar technology. The company has a wide range of products (cloud, business and rental apps, rescue solution, wallet and key manager), a rapidly growing community of over 50,000 users and stable growth since DEX trading began. The leading project in this segment, Chainlink, now has a market cap of over $ 12 billion, so SmartKey investors still have plenty of opportunities to grow to similar sizes and beyond.
To learn more about SmartKey, visit the project’s website and follow the latest developments on Twitter and Telegram.
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