Robonomics NetworkPrice

(XRT)

Robonomics Network is a decentralized cloud platform designed to integrate the Internet of Things (IoT) and robotics with blockchain technology. Established by a team of developers and engineers under the Airalab organization, the project aims to bridge the gap between cyber-physical systems and the human economy. It provides a secure, transparent, and programmable environment where users can manage smart devices without relying on centralized service providers. The network operates on top of the Ethereum and Polkadot ecosystems, utilizing their security and interoperability to facilitate communication between machines, as well as between humans and machines. One of the core technical features is its compatibility with the Robot Operating System (ROS), a widely used framework in the robotics industry. This allows developers to easily connect industrial robots, sensors, and drones to the blockchain, turning them into autonomous economic agents. A central concept of the project is the digital twin, which acts as a virtual replica of a physical device. These twins store operational data and allow for remote management and monitoring. Through smart contracts, robots can offer their services directly to users or other machines, execute tasks, and provide verifiable reports of their work. This infrastructure supports the development of smart cities and Industry 4.0 by enabling decentralized automation in areas such as environmental monitoring, logistics, and manufacturing. The XRT token serves as the primary utility asset within the Robonomics ecosystem. It is used to pay for transaction fees and power technical interactions on the network. For instance, when a user sends a command to a device or when a robot performs a service, the associated transaction is processed using the token. It also enables machines to hold their own digital wallets, allowing them to receive payments for services rendered or pay for the resources they need to operate. By leveraging decentralized storage like IPFS and the security of major blockchain networks, Robonomics offers a serverless alternative for IoT applications. This approach prioritizes data privacy and resilience, ensuring that smart devices can continue to function and communicate even if traditional centralized clouds experience outages or security breaches. The project continues to focus on open-source development, encouraging a community-driven ecosystem for the future of robotics and automated services. Learn more

Cryptocurrency prices are subject to high market risk and price volatility. You should invest only in projects and products you are familiar with and understand the associated risks. Carefully consider your investment experience, financial situation, investment objectives, and risk tolerance, and consult an independent financial advisor before making any investment decisions. This material should not be considered financial advice. Past performance is not a reliable indicator of future performance. The value of your investment may go down or up, and you may not recover your invested amount. You are solely responsible for your investment decisions. LBank is not responsible for any losses you may incur. For more information, please refer to our Terms of Use and Risk Warnings. Please also note that the data related to the above-mentioned cryptocurrency (such as its current real-time price) is sourced from third parties and is provided “as is” for informational purposes only, without any representation or warranty. Links to third-party websites are not under LBank’s control, and LBank is not responsible for the reliability or accuracy of such websites or their content.