XRT
Robonomics Network
$0.0000AUD
Market Cap
9.1M AUD
24H Trade Vol.
33.0K AUD
Total Supply
2.9M
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Buy Robonomics Network (XRT)

What is Robonomics Network?

Robonomics Network is a set of open-source packages designed for developers working in robotics, smart cities, and Industry 4.0 environments. It facilitates communication between humans and IoT devices, enabling integration into blockchain ecosystems. The network allows for direct robot-to-robot and robot-to-human interactions by creating a marketplace for robot liability contracts.

How does Robonomics Network work?

Robonomics Network operates as a decentralised cloud for storing digital twins of robotics and IoT devices. It uses blockchain technology, specifically leveraging the Ethereum network and the Robonomics parachain, to create a decentralised system where data is shared across a network. The network employs smart contracts to facilitate interactions between IoT devices and user applications, supporting economic and technical communication between humans and machines.

What are the potential use cases for Robonomics Network?

Robonomics Network has several potential use cases, such as:

  • Robot-as-a-Service (RaaS) offerings for consumers.
  • Decentralised hosting services for Robot Operating System (ROS) enabled robots.
  • Secure channels for communication between IoT devices and robots.
  • Enhancing robot economies with marketplaces and service options.
  • Use of digital twins for remote monitoring and management of devices.
  • Integration into smart homes for secure device interaction.
  • Collection and monetisation of environmental data.
  • Automation and smart leasing in industries, particularly for SMEs.

What is the history of Robonomics Network?

Robonomics Network was founded in 2015 by a team of Russian developers, including Sergei Lonshakov. The project began with experiments and publications around using smart contracts to control robots. Over the years, it progressed with the launch of its beta version in 2018 and the public trade of XRT tokens in 2019. Significant technological evolution saw the network transition from Ethereum to Polkadot for improved scalability, with major updates including the launch of the Robonomics parachain on Kusama.

Coin Contract Addresses

0x7de91b204c1c737bcee6f000aaa6569cf7061cb7

Frequently Asked Questions (FAQs)