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SmartMesh (SMT) is a cryptocurrency token and operates on the Ethereum platform. SmartMesh has a current supply of 3,141,592,653 with 1,340,519,342.76174 in circulation. The last known price of SmartMesh is 0.00111101 USD and is up 4.79 over the last 24 hours. It is currently trading on 9 active market(s) with $79,694.11 traded over the last 24 hours. More information can be found at https://smartmesh.io/.
What is SmartMesh?
SmartMesh (SMT) stands out as a pioneering cryptocurrency token operating on the Ethereum platform, designed to facilitate internet-free communications and micropayments. This blockchain-based IoT underlying protocol enables smart devices to interconnect without relying on traditional internet or telecom services, making it a versatile solution for both smart homes and industrial applications.
Diving deeper, SmartMesh is not just about connectivity; it also aims to revolutionize the financial ecosystem. The project plans to introduce a stablecoin system and a decentralized exchange, broadening its utility and appeal in the crypto space. With a total supply of 3,141,592,653 tokens, SMT is actively traded across nine markets, showcasing its liquidity and adoption.
The SmartMesh ecosystem extends beyond mere token transactions. It encompasses a range of products tailored for the burgeoning Web3.0 landscape, emphasizing decentralized and secure interactions. The project also prioritizes user data protection, adhering to a stringent privacy policy to safeguard personal information.
Moreover, SmartMesh's vision includes the development of a decentralized exchange, which would further enhance its ecosystem by providing a platform for seamless and secure trading of digital assets. This multifaceted approach positions SmartMesh as a comprehensive solution for decentralized communication, financial transactions, and beyond.
What is the technology behind SmartMesh?
SmartMesh (SMT) is a fascinating blend of blockchain technology and mesh networking, creating a decentralized and self-organizing network. This innovative approach allows devices to communicate directly with each other without relying on traditional internet or network signals. Imagine a scenario where your smartphone can connect directly to another device nearby, even if there’s no Wi-Fi or cellular network available. This is made possible through the use of mesh networks, which enable devices to form a network by connecting to each other directly.
At the core of SmartMesh is its blockchain-based IoT underlying protocol. This protocol leverages the Ethereum blockchain, ensuring that all transactions and communications within the network are secure and immutable. By using blockchain, SmartMesh can prevent attacks from bad actors. Each transaction is recorded on the blockchain, making it nearly impossible for anyone to alter or tamper with the data. This level of security is crucial for maintaining trust and integrity within the network.
Mesh networking technology is another critical component of SmartMesh. In a mesh network, each device, or node, acts as a relay point for data. This means that data can hop from one device to another until it reaches its destination. This decentralized approach not only enhances the network’s resilience but also extends its reach. If one node fails or goes offline, the network can automatically reroute the data through other nodes, ensuring continuous communication.
SmartMesh also incorporates a unique incentive mechanism to encourage participation and maintain network health. Users who contribute their devices to the mesh network can earn SMT tokens as a reward. These tokens can be traded on various exchanges, providing a tangible benefit for users who support the network. This incentivization helps to grow and sustain the network, as more users are motivated to join and contribute.
Another fascinating aspect of SmartMesh is its potential applications. For instance, in areas with limited or no internet connectivity, SmartMesh can provide a reliable communication network. This can be particularly useful in disaster-stricken regions where traditional communication infrastructure is damaged or unavailable. Additionally, SmartMesh can enhance IoT applications by enabling devices to communicate directly with each other, reducing latency and improving efficiency.
The combination of blockchain and mesh networking in SmartMesh creates a robust and versatile platform. Blockchain ensures security and transparency, while mesh networking provides flexibility and resilience. This synergy allows SmartMesh to offer a decentralized communication solution that can operate independently of traditional network infrastructure.
What are the real-world applications of SmartMesh?
SmartMesh (SMT) is a cryptocurrency designed to facilitate decentralized and self-organizing networks, providing innovative solutions for various real-world challenges. One of its primary applications is enabling internet-free communications. By leveraging mesh networks, SmartMesh allows devices to connect directly to each other without relying on traditional internet infrastructure. This can be particularly useful in remote areas or during natural disasters when internet access is unavailable.
Another significant application of SmartMesh is addressing network congestion. Traditional networks often struggle with high traffic volumes, leading to slowdowns and inefficiencies. SmartMesh's decentralized approach helps distribute the load more evenly, improving overall network performance and reliability. This can be beneficial in urban areas with dense populations and high data usage.
SmartMesh also supports cross-chain compatibility, allowing different blockchain networks to interact seamlessly. This feature is crucial for the growing ecosystem of decentralized applications (dApps) and services that require interoperability between various blockchain platforms. By facilitating cross-chain transactions, SmartMesh enhances the functionality and utility of blockchain technology.
In the fintech sector, SmartMesh has the potential to revolutionize payment systems by enabling off-grid transactions. This means that financial transactions can be conducted without the need for an internet connection, providing a more inclusive financial system for people in underserved regions. Additionally, SmartMesh's use of smart contracts ensures secure and automated transactions, reducing the risk of fraud and errors.
Beyond fintech, SmartMesh's technology can be applied to productivity tools, gaming, and other industries. For instance, in gaming, SmartMesh can enable peer-to-peer interactions and transactions, creating a more immersive and decentralized gaming experience. In productivity, it can facilitate secure and efficient communication and data sharing among team members, even in the absence of internet connectivity.
SmartMesh is being developed by a global community of developers who contribute to its growth and innovation. The platform offers rewards for participation, encouraging active involvement and continuous improvement. This collaborative approach ensures that SmartMesh remains at the forefront of technological advancements and real-world applications.
What key events have there been for SmartMesh?
SmartMesh (SMT) has made significant strides in the blockchain and cryptocurrency space, focusing on decentralized internet infrastructure. One of the pivotal moments for SmartMesh was the launch of the SmartMesh App and Protocol, which aimed to provide a decentralized internet solution using blockchain technology. This innovation was designed to enable offline communication and transactions, enhancing connectivity in areas with limited internet access.
The introduction of the SMT token on various cryptocurrency exchanges marked another critical milestone. This allowed for broader participation and investment in the SmartMesh ecosystem, facilitating the growth and adoption of its technology. The token's availability on multiple platforms increased its liquidity and accessibility, drawing more attention to the project.
SmartMesh has also been proactive in keeping its community informed through the release of the SmartMesh Biweekly Report. These reports provide updates on development progress, partnerships, and other significant activities within the SmartMesh ecosystem. This transparency has helped build trust and engagement among its users and stakeholders.
Partnerships have played a crucial role in SmartMesh's development. Collaborations with MeshBox, Mesh++, MetaLife, UCCO, and IBAF have been instrumental in expanding the reach and capabilities of SmartMesh's technology. These partnerships have facilitated the integration of SmartMesh's solutions into various applications, enhancing their utility and effectiveness.
The launch of the MetaLife Beta version was another noteworthy event. MetaLife is a decentralized social media platform built on the SmartMesh protocol, aiming to provide a secure and private communication channel for users. This launch demonstrated the versatility of SmartMesh's technology and its potential applications beyond traditional internet infrastructure.
SmartMesh's presence at significant industry events, such as the World Artificial Intelligence Conference, has further solidified its position in the blockchain and IoT sectors. Participation in these conferences has provided opportunities for networking, collaboration, and showcasing their technology to a broader audience.
The development of SmartMesh's underlying protocol for the Internet of Things (IoT) has been a continuous focus. This protocol aims to create a decentralized network that can support IoT devices, enabling secure and efficient communication and data transfer. This development aligns with the growing trend of interconnected devices and the need for robust, scalable solutions to manage them.
SmartMesh's journey has been marked by strategic launches, partnerships, and continuous innovation, positioning it as a significant player in the decentralized internet and IoT space.
Who are the founders of SmartMesh?
SmartMesh (SMT) is a cryptocurrency designed to enable the Internet of Things (IoT) through blockchain technology. The founders of SmartMesh are Henry Wang and Maxim Prishchepo. Henry Wang, a visionary in the blockchain space, has a background in computer science and extensive experience in technology development. He plays a pivotal role in guiding the strategic direction of SmartMesh. Maxim Prishchepo, a blockchain expert, contributes his deep technical expertise to the project, focusing on the development and implementation of the SmartMesh ecosystem. Together, they aim to revolutionize IoT connectivity through decentralized solutions.
The live SmartMesh price today is $0.001121 USD with a 24-hour trading volume of $63,236.95 USD. We update our SMT to USD price in real-time. SmartMesh is up 2.17% in the last 24 hours. The current CoinMarketCap ranking is #4133, with a live market cap of not available. The circulating supply is not available and the max. supply is not available.