SmartShare believes that IoT organizations need to change their old-fashioned value creation and acquisition methods. Even though the data generated by IoT devices is increasing every day, it isn’t assigned, owned, or used by anybody, and it never benefits its users.

Smartshare aims to reconfigure the ecological value and transaction value in the Internet of Things domain through public blockchain and IoT intelligent-terminal industry solutions. The platform aims to create decentralized value-based public chains based on the features of the IoT industry and helps several industrial applications. The platform seeks to provide hardware adaptations like SDKs (software development kit) and smart chips, merge cryptographydistributed architecture, and adopt DPOS(delegated proof of stake) consensus to create a decentralized and secure blockchain that supports high concurrency. The decentralized trading platform helps users solve data-value issues in IoT terminals and protect the data value of devices and users.

The platform offers IOT devices like intelligent routers, intelligent health devices, intelligent IoT terminals, etc. The protocol supports multiple-device access and makes them blockchain compatible.

SSP is the native cryptocurrency, an essential tool for consensus mechanisms and community incentives. The token holders have access to basic blockchain services like network forks and contract releases. Token holders also get access to participation in voting and gain token rewards as agent nodes. SSP facilitates user acquisition and views service information, and acquires services. The platform also aims to utilize the SSP token for quantification and value circulation of data and terminals in the ecosystem that upgrades the ecological value of IoT.

The official whitepaperof Smartshare was released in March 2018. The project was initiated in November 2017. The platform established strategic cooperation with Chainbox in December 2017, and in January 2018 the platform established cooperation with Mau Huan Health and brought health products to the Smartshare ecosystem.