Skey Network Whitepaper
Last UpdatedJanuary 2023
Skey Network 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 Skey Network NFTs is also a game-changer when applied to IoT. Using a Skey Network 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 Skey Network NFT functionalities.