What is SmartKey?
SmartKey is a decentralized oracle network built on the Ethereum network, founded by CEO Szymon Fiedorowicz.
The SmartKey network has made a name for itself by providing reliable tamper-proof data for complex smart contracts on any blockchain.
Smart Contracts
Smart contracts allow cryptocurrencies from one address to be moved to another address when specific conditions are met. Publicly viewable on the blockchain, smart contracts are immutable, meaning that the parameters of an agreement or the specifics of a contract cannot be altered once deployed.
Smart contracts that require off-chain data must have a reliable source for bringing the data on-chain securely and translating it accurately, before translating and communicating any on-chain data back to any off-chain parties.
This communication issue has held back smart contract development, however, with the introduction of oracles, this problem is now a thing of the past. Now, smart contracts can be used for a multitude of use cases sector-wide.
The SKEY Token
Built using the Ethereum ERC-20 standard, SKEY is the native token of the SmartKey ecosystem.
The SKEY token private sale
SmartKey has launched its pre-sale, in which investors can purchase SKey tokens with Ethereum.
For 1 ETH, you receive 20,000 SKey tokens.
1 SmartKey Token — 2 $ Cents (rate of 1 ETH = 400 USD)
There are no minimum or maximum limits for participants — buy as much as you like.
In order to buy SmartKey Token, you need to:
1 Install MetaMask wallet or use another wallet that supports ERC-20 tokens.
2 Add the SmartKey Contract address to your wallet to ensure that SKey tokens appear in the list of assets.
3 Send any amount of ETH to the SmartKey Exchange address.
4 Receive SKey tokens instant on your wallet.
History and future of the SmartKey project
There has been a steady stream of SmartKeys integrations, including partnerships with the biggest names, as well as integrations with Airbnb hotel chains and TELTONIKA the 3rd largest manufacturer of GSM-GPS sensors in the world.
SmartKey is changing the financial landscape by reimagining how financial contracts work, with a decentralized oracle network pushing towards the fourth industrial revolution.
Though many oracle solutions are usually required by blockchain protocols, any reputable project in the future will likely have SmartKey as their number one choice of oracle solution.