One of the expected results of M-Sec is to define, design and implement a novel marketplace where smart objects can exchange information, energy and services through the use of virtual currencies, allowing real-time matching of supply and demand, enabling the creation of liquid markets with profitable business models of the IoT stakeholders.
The specific marketplace will be piloted through a cross-border trial (Use Case 5) between Santander (Spain) and Fujisawa (Japan) cities, thus validating the interoperability, efficiency and data protection principles that are in the core of the M-Sec project.
Take a closer look at the research conducted and the activities held in order to achieve this project result.
Main features of the M-Sec Marketplace
The M-Sec marketplace will be an innovative and open IoT market of applications, data and services that:
This value will be in the form of virtual currencies, for assets (data and services) received.
According to social and business context for humans and smart objects to interact.