Smartshare vs IOTA vs SmartMesh
What problem does this service solve?
Smartshare uses blockchain and smart contracts to facilitate data transactions between IoT devices. | 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. | SmartMesh's goal is to be the underlying protocol for the IoT. Devices communicate and make transactions, within the network, without an internet connection. |
Token Stats
Company Description
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. | 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. | SmartMesh is developing a blockchain-based protocol for the Internet of Things. SmartMesh has built-in blockchain light nodes, and extends the Raiden and Lightning Networks' second layer architecture network protocols. SmartMesh's blockchain-based network allows devices to communicate and make transactions without an internet connection. Users establish P2P connections when they are online, and are then able to transact with each other offline. Spectrum and Ozone, which are part of the SmarMesh network, are designed for developing decentralized applications. |