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Robonomics Network (XRT) is an open-source platform for IoT applications that facilitates the exchange of technical and economic information through atomic transactions. It allows user applications, IoT services, and complex robotics to interact and share data securely. The platform operates as a decentralized application (dapp) within the blockchain, ensuring transparency and security. Developers can also utilize the libraries provided by Robonomics Network for building their dapp.
One of the features offered by Robonomics Network is the use of digital twin technology. Digital Twin allows the creation of a digital version of real-world equipment replicating its technical characteristics. This enhances the responsiveness of decentralized applications to user commands. The Robonomics Network can also be integrated with various IoT devices, including Zigbee smart devices and ROS-based robotics, enabling automation and control in various environments.
The utility token of Robonomics Network is XRT, which enables users to control IoT devices on the Ethereum network and the Robonomics parachain. XRT facilitates techno-economic transactions between humans and machines, providing institutional access to digital markets through cryptocurrencies and smart contracts. The development of Robonomics Network aims to offer safer and more advanced Internet solutions for the IoT market, focusing on IoT device management, secure transactions, and serverless IoT applications for user privacy.
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