What is Ruff? Ruff coin is an Ethereum-based platform that combines Internet of Things (IoT) and Blockchain technology. As Kriptokoin.com, we will examine Ruff in this article. We will also answer questions that investors wonder, such as what is Ruff Chain, what it offers, what is RUFF coin, what is it for, how to get it. Now let’s examine this project, which focuses on IoT technology, together.
What is Ruff?
RuffChain is a platform that combines Internet of Things (IoT) technology with Blockchain. This platform is built on the Ethereum network and basically serves as an end-to-end network from virtual world to reality. The platform connects this network with the consensus mechanism. Thus, it achieves a decentralized operating system and an open mainchain. According to the website, traditional Blockchain has sacrificed its accessibility to maintain consistency and partition tolerance. However, Ruff has enabled Accessibility through the combination of edge computing Blockchain.
What kind of services does the platform offer?
Ruff aims to improve commerce by combining IoT and Blockchain technology. The ecosystem wants to realize better offline solutions for information flow and product sourcing needs. For this, it has developed an open Blockchain that uses virtual business-to-business networks and a consensus algorithm. This Blockchain runs on a distributed operating system. The ecosystem provides real-time resilience to the IoT through a combination of edge computing and Blockchain applications.
However, the key question Ruff aims to solve is to provide reliable interoperability and paid interoperability between different IoT device systems. The platform also uses the computing power of these devices to create an open Ruff ecosystem. Users can manage their smart devices, enable them to work in harmony and transfer data through the platform. However, users have the advantage of managing, transferring and hosting assets through the ecosystem.
What is RUFF coin? What does it do?
Ruff also owns a token built on Ethereum with an ERC-20 smart contract. This token, named RUFF coin, is Ruff’s built-in Blockchain asset. The token can be used as a payment method to run smart contracts. It also serves as a reference point for incentives, spending and trade within the ecosystem. Users consume tokens during property or data transactions. The use of equipment rights and data-generating transactions are also resolved through the use of tokens. Finally, users who stake RUFF earn additional token rewards.
How to get RUFF coins?
RUFF coin is an ERC-20 token currently listed on cryptocurrency exchanges such as DigiFinex, Gate.io, Huobi Global and Jubi. Interested investors must first choose one of these exchanges and become a member. It is then possible for them to place purchase orders for cryptocurrencies by depositing funds into their wallets.