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SmartKey is the world’s first platform to successfully bridge decentralized finance (DeFi) and IoT, and will create the platform for a new economy of physical assets called the ‘Blockchain of Things’ (BoT). Our decentralized network of blockchain oracles connects the on-chain world of digital assets, smart contracts, and DeFi with off-chain data, services, and devices.
The non-fungibility (i.e. uniqueness) property of SmartKey NFTs is also a game-changer when applied to IoT. Using a SmartKey NFT, every smart object in a network can have its own unique token providing proof of ownership. Cars, keys, doors, gates, and locker systems can all have their own unique token — boosted with the SmartKey NFT functionalities.
SmartKey will be the connective tissue for the smart cities of the future, and will provide the universal platform on which partners, companies, and individuals can build their own applications.