Beyond Protocol revealed the Open IoT Initiative in a tweet, which bridges the worlds of IoT and decentralized applications by streamlining IoT device integration to the blockchain alongside the Beyond Protocol SDK. The Open IoT Testnet, one of the main activities completed prior to Mainnet, will be launched as the initiative’s first stage.
What is beyond Protocol?
Beyond Protocol is a distributed ledger tech project that provides a secure and probably non-hackable inter-device/Internet of Things (IoT) communication solution. The Beyond Protocol’s platform enables secure message brokering between devices using blockchain technology and specific hardware signers and equips devices with a cryptocurrency and fiat-based money transfer for automated, behind-the-scenes transactions with a single line of code. Beyond Protocol aims to create practical methods for device security and payments in a machine economy.
What is Beyond Protocol’s open IOT initiative?
The Open IoT initiative unifies the worlds of IoT and decentralized applications by simplifying IoT device integration to the blockchain using the Beyond Protocol SDK.
The Open IoT initiative will begin with the launch of the Open IoT Testnet chain, which will be one of a sequence of chains and decentralized applications linked to the bigger Beyond Protocol Testnet ecosystem. The Beyond Protocol tester’s primary goal is to validate the Beyond Protocol SDK’s readiness prior to the Mainnet launch.
Is Beyond Protocol BP a good investment?
The BP team is making development and hitting new milestones, which will offer investors more confidence to evaluate the project as an investment chance to earn some money in the next bull run, even though many experts perceive beyond Protocol as a bad brief and good long-term investment. If you are ready to take a risk, conduct your own research, and only invest what you can afford to lose, BP is a micro market-cap project that could be considered a hidden gem.
Please always DYOR before investing, as this is not financial advice.
How can I buy Beyond Protocol’s BP token?
On the Huobi exchange, the greatest liquid pair is BP/USDT. You can also stockpile on the gate.io exchange. Moreover, you can purchase USDT with your credit card, convert it to BP, then install the Metemask wallet to safeguard your BP bag.
