Skynet Featured in Top 8 ICOs to Watch in Q3 / Q4 2018Source =
https://thecoinradar.com/icos-to-watch-q4-2018/Skynet
First things first, Skynet Open Network should not to be confused with the self-aware AI system from the infamous Terminator films, though interestingly it does share some similarities. Skynet will be the first AI blockchain chip for the world of IoT (The Internet of Things), allowing the connectivity of billions of devices optimised through a blockchain network. Whilst an obvious nod to the Arnold Schwarzenegger classic, Skynet will not be vying for global domination by destroying the human race as we know it… We hope!
In the ideal world of IoT, devices seamlessly interact with each other securely, at speed, without need for human interaction. The vision is for billions of devices to connect autonomously, exchanging data and aiding our daily lives by reducing our day to day exertions. By converging blockchain with the Internet of Things there is an increase of trust between devices, costs are reduced by eliminating intermediaries and the exchange of data is instantaneous and incredibly secure.
Skynet will target to replace every IoT device with their own blockchain enabled chip known as Skynet Core. The mission is to unite millions of devices together through a blockchain network that can cope with the enormous numbers of autonomous interactions expected as devices become increasingly interconnected.
The beauty of the project is the integration between real world AI enabled devices and a highly scalable blockchain network. Skynet will provide a complete end to end system that will see real world physical use of blockchain technology through the interaction of devices in everyday situations.
The Skynet Open Network (SON) rather than the Skynet Core chip is the blockchain layer that will enable interaction between devices. It will use the blockchain to improve security and privacy concerns in the world of IoT. The benefits will come from the safety of an immutable network and the ability to introduce protected and decentralized token exchange that will happen across a network optimised for trust and precision.
Skynet is an incredibly interesting product with one of the most detailed whitepapers we have come across to date. It has the ability to make genuine improvements to the efficiency of our everyday lives and has an inspiring vision. The technology and scale of their project is exactly the kind of innovation that will propel the blockchain industry forward and is a warm welcome compared to many of the uninspiring / lacklustre ICO projects we often research.
Success of the Skynet project will be dependent on adoption of the blockchain chip across a vast number of IoT devices, the technology will need to be versatile to adapt to a number of varied hardware requirements and scheduled patents may need to be approved to ward off imitations. If successful and adoption is achieved Skynet could become the go to choice for IoT devices to merge onto a blockchain network.
The Skynet ICO is currently underway built on the Ethereum Network targeting an $11,000,000 fundraising goal. An enormous one Trillion Skynet (SKT) tokens are available for purchase at the rate of $0.0035 .
Website:
https://skynet.co/Whitepaper:
https://skynet.co/img/lightpaper.pdfTelegram:
https://t.me/SkynetOpenNetworkhttps://thecoinradar.com/icos-to-watch-q4-2018/