WISE TOKEN – Powering IoT & M2M Economy “Powerful Blockchain Integration”
With strict capital controls in place by most countries to control the flow of money and charge high taxes, cryptocurrency gained usage in circumventing capital controls and taxes, leading to an increase in demand. Cryptocurrency has been able to present an easy to use digital alternative to fiat currencies. Offering frictionless transactions and inflation control, investors have been prudent enough to add these currencies in their diversified portfolios as an asset, as the size of the market does not represent a systemic risk. Cryptocurrency employs the use of cryptography that assures high-security processes and verifies transactions personal to each user. Hence, counterfeiting and anonymous transactions are impossible to achieve.
While this revolution is gaining wide acceptance, Wise, an innovative developer of analog-mixed-signal, system-on-a-chip (AMS-SoC) integrated circuits that empower IoT and mobile networks through blockchain technology while introducing a new concept, radio based IoT has arrived.
“It is evident from history that whenever two complementary technologies merge, new, dynamic products are formed. The greatest advantage provided by blockchain technology is security of data, which happens to be the most difficult challenge faced by IoT. Immutability, decentralization and transparent data-sharing are the most significant advantages of blockchain that are lacking in IoT, and the IoT community wants to integrate these features for data security. The smart IoT devices can use the data and information stored on blockchain efficiently for performing various tasks. Blockchain also can help in IoT scaling as it struggles for growth.
Blockchain also benefits from being paired with IoT, as it is showing its worth in a new domain of application apart from cryptocurrencies that most would consider to be much more useful on a daily basis. Thus, the two disruptive technologies complement each other and can reap dynamic solutions for different industries when used in conjunction.”
With that being said, the Wise microchip can communicate via its own radio waves in a wide variety of frequencies and in locations where there are no cellular or Wi-Fi services. This feature opens an entire world of IoT and network possibilities for remote locations.
But before we go any further, please check out this video presentation to get even more acquainted
Now that I have your attention, let’s get right to it.
What exactly is WISE TOKEN?
As depicted above and as indicated on the official Executive Summary of Wise Token, Wise is an innovative developer of analog-mixed-signal, system-on-a-chip (AMS-SoC) integrated circuits that empower IoT and mobile networks through blockchain technology while introducing a new concept, radio based IoT.
Wise’s enigma IC can use Wi-Fi or Cellular networks to communicate with other Enigma ICs. In addition, the Wise microchip can communicate via its own radio waves in a wide variety of frequencies and in locations where there are no cellular or Wi-Fi services. This feature opens an entire world of IoT and network possibilities for remote locations.
The goal of Wise Network developers is to provide higher quality services for every person in absolutely any field.
1/2 billion transistors allocated in a space of 13 nano-meters. Easily embedded in any device.
Triple layered security that includes:
1024 Encryption Keys
Using Content instead of hosts to locate the resources, enabling high resiliency similar to IPFS.
A Layered Platform
AI engine (SW)
Wise (Utility Token)
Able to be powered for two months with just a couple of AAA batteries.
An AI engine enables High Transaction Throughput easily surpassing 5000 Transactions per Second.
Able to interact on the blockchain with low level Middleware that triggers interoperability and fast transactions.
Resolving the Blockchain Bloat
Through powerful compression and plenty storage space provisioned by Flash and Cache memory’s able to store up to 40Tbs.
Opening the Data Silos
We believe in free data flow enabling B2B features like access to different types of data: Geo-location, Medical, Weather.
To implement this task, the project developers have created their own device that combines artificial intelligence, Blockchain technology, as well as the IOT sensor, called Wise’s ANSUZ Chip. The device will consist of:
A CPU hosted on a Board running Linux with a number of connectors that allows you to connect to other devices;
Cryptocurrency engine that provides storage of private keys to gain access to the wallet, as well as device interaction with Wise Blockchain;
A neural processor to speed up operations within neural networks.
Absolutely all devices of Wise’s ANSUZ Chipwill transfer information to its own network of the MESH Network platform, where data will be processed by artificial intelligence capable of recognizing code, texts and speech. The collected data will be analyzed and compared with data from other devices to optimize the next actions of the network participant.
After completing the optimization process, the participant will be able to receive a number of recommendations that can be applied in a variety of areas:
Vehicle Parking (the system will be able to offer the owners of the devices the nearest Parking spaces and pay for their use);
Cargo transportation (the system will select the best route, minimizing the cost of delivery, paperwork and customs);
Planting and harvesting (based on data From IOT sensors on the state of the soil and the weather on a given day, the system is able to give recommendations that allow farmers to get the maximum benefit);
Treatment of patients (after analyzing the symptoms and comparing all known cases of treatment of diseases, the system is able to provide recommendations for the treatment of a disease).
It is important to note that all data collected by devices and transmitted to the network of this project will be fully protected by wEYEsystem from changes by third parties, which will ensure their reliability. This system ensures not only data encryption, but also the protection of the connection and the network itself.
The developers said that the chip Wise’s ANSUZ Chip will be presented in several versions:
In the form of a chip mounted in the SIM card for smartphones and SD-drives (which will provide owners of gadgets a lot of new features);
As chips for mobile devices (motherboards);
In the form of small black boxes.
Smart contracts will be used to perform absolutely all operations within this site. In this case, the main means of payment that allows you to buy products and data will be WSE tokens, the purchase of which will be possible during the ICO.
Token Type: ERC20
Available for sale: 35,000,000 WSE (35%)
ICO Price: 1 WSE = 10 USD
Accepting: ETH, BTC, Fiat
Hard cap: 40000000 USD
Private sale – discount 70%
Pre-sale – discount 50%
Public sale – discount 30%
Total Supply: 100 Million of WSE
Target Public Sale Amount: 35 Million of WSE
35% WSE 35,000,000 – Sale Round
5% WSE 5,000,000 – Airdropped to Public, Bonus and Bounties
3% WSE 3,000,000 – Advisors
7% WSE 7,000,000 – Team
30% WSE 30,000,000 – Business Functions (Apps, Tools)
20% WSE 20,000,000 – Token Reserve
Concrete idea, design and prototype of Enigma.
Wise joins to Enigma project;
Infraestructure Wise Network.
Private placement of WRC.
Presale round and public token sale.
The token sale ends at $60M;
Start development of Enigma chips.
Q4 2019 – Q4 2020
Engima Microchip Development.
Launching of Wise Network and the commercialization of enigma through massive commerce.
Q4 2021 – Q3 2022
Launch of Enigma and Wise Network in specific countries of South America.
Q4 2022 – Q3 2023
Enigma and Wise Network arrives in Europe.
Analysis of results and definition of coverage strategies in the rest of the world, except Asia.
Introduction to the continent of Asia, starting with countries from the south of the continent and Japan.
Initiates the development of its own devices and applications.
Meet The Amazing Team
José María Figueres: Chairman of the Board
Mauricio Lara: Chief Executive Officer
Danny Rittman: Chief Technology Officer
Salomon Ocon: Chief Operating Officer
Ronald Rojas: Chief Financial Officer
Pablo González: President
Michael Zaslavsky: Advisor
Stoicho Dimitrov: Advisor
Elist Ernheim: Advisor
Be a part of this incredible project. Download the whitepaper for the full scoop.
Till next time…
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Disclaimer: This article was published in terms of the bounty campaign. I am not a project team member or its representative but a supporter of this incredible project.