BlueCoin (BLU) is a peer-to-peer cryptocurrency and protocol allowing users to send censorship-resistant payments through encrypted bluetooth-enabled mesh networks. BlueCoin aims to combine IoT and mesh networks with blockchain technology in a meaningful and readily available way.

Generally, the Internet of Things (IoT) describes physical objects embedded with processing ability, sensors, software, and other technologies connecting and exchanging data with other devices over the internet. Meanwhile, the Bluecoin network aims to offer privacy benefits and functionality by using bluetooth technology. The bluetooth transactions ensure payments are processed even when there’s no internet connection available. Running on Litecoin’s hashing power, the platform also overcomes the problem of confirming quick and secure transactions. Thus, different aspects of BlueCoin solve different problems in a combined way.

The notable features of BlueCoin are:

BlueCoin (BLU) was originally founded as a Proof-of-Work blockchain protocol using Bluetooth to facilitate peer-to-peer trade.