Internet Node Token vs IOTA vs Oyster
What problem does this service solve?
Internet Node Token's network will connect IoT devices and improve data exchanges between them. | IOTA is building a decentralized infrastructure for the Internet of Things. IOTA will allow transactions to occur between all devices that are connected to the internet. | Oyster will use IOTA's tangle to provide decentralized data storage and offer content providers an alternative source of ad revenue. |
Token Stats
Company Description
Internet Node Token is developing a blockchain platform for the Internet of Things. The Singapore based company has created a router that connects household IoT devices. The Internet Node Token network is powered by the Ethereum based INT token. | IOTA was specifically designed to manage transactions for the rapidly growing network of devices that are connected to the internet. Instead of focusing on peer-to-peer transaction, IOTA aims to create the underlying infrastructure that will allow self-regulating transactions to occur between machines (watches, refrigerators, TVs, cars, etc.) on the Internet of Things. | Oyster is a blockchain-based platform that is designed to provide both a decentralized file storage solution and an alternative ad revenue system for content distribution. Their network is powered by PRL tokens. Oyster hopes to allow users to store data anonymously and securely on the IOTA Tangle. It uses IOTA’s infrastructure for hosting data stored on the Oyster platform. A data file is broken into chunks, and each of these chunks is encrypted. These encrypted chunks exist as transactions on the IOTA Tangle and are retained on the Tangle. |