The Xensor token is used to power the Xensor IoT network. It is designed to connect IoT devices and to facilitate the automation these interconnected devices. The Xensor token is Ethereum-based and is designed to enable a market for data for a variety of hardware.

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.
The SMT token is used to reward the nodes that contribute computing resources to SmartMesh's network, and are also the medium of exchange for P2P transactions.