CPChain, which stands for Cyber Physical Chain, is developing a decentralized IoT infrastructure. Their goal is to build a blockchain-based data platform for IoT systems that will use distributed storage, encryption, and decentralized exchanges of value to better connect devices. CPChain will enable IoT-connected devices to connect with each other, and will serve as a decentralized marketplace for IoT related data. Their platform will have a parallel distributed architecture, a hybrid two-layer consensus mechanism, and a side chain consensus protocol. Their network is currently powered by the Ethereum-based CPC token.

Smartshare is developing a blockchain-based network to connect devices in the Internet of Things. Smartshare's distributed network protocol uses blockchain and smart contracts to enable exchanges of data between devices on their network. Smartshare is powered by the Ethereum-based SSP token.