Smartshare vs Oyster vs IOTA
What problem does this service solve?
Smartshare uses blockchain and smart contracts to facilitate data transactions between IoT devices. | Oyster will use IOTA's tangle to provide decentralized data storage and offer content providers an alternative source of ad revenue. | 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. |
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. | 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. | 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. |