Cryptoriyal (CR)

What is Cryptoriyal

The CryptoRiyal project is an ambitious work that involves a variety of sub projects with the aim to revolutionize the use of Artificial Intelligence and technology in designing the modern Smart Cities. The SmartRiyal platform and the CryptoRiyal token (sign: CR) are innovative means of trade, payment and the underpinnings of technological advances especially developed to fulfill the needs of the businesses and residents of any Smart City.

CryptoRiyal tokens can be transferred from one electronic wallet to another, kept and saved or converted into fiat money or to other crypto-currencies on the SmartRiyal platform. SmartRiyal is built to enable fiat-to-crypto, crypto-to-crypto and data-to-crypto transfers based off the Ethereum Blockchain. SmartRiyal is accessible by anyone, everywhere and presents the ultimate solution for avoiding time-consuming face-to-face meetings for money transfers, expensive money transfers via banks and money transfer agencies or trust issues, due to the smart contract implemented in the system and the fully protected encryption method of the Blockchain. CryptoRiyal Investment platform brings the power of crowdfunding to enable token holders to list investment opportunities on the platform and seek investors.

Further, SmartRiyal leverages advanced Artificial Intelligence and Machine Learning algorithms to collect, process and learn from data which users transmit and to generate real time recommendations to them in every sector relating to business and technological activities. The CryptoRiyal token supports all the financial requirements that are derived from the futuristic vision and characteristics of Smart Cities and provides the state-of-the-art technological solution for all target sectors, as well as to any other financial, economic or business need.

The CryptoRiyal token leveraging its Artificial Intelligence platform - SmartRiyal - aims at forming a new, fully secure and rapid monetary standard – serving every transaction from services and goods provided within it, imported and exported, to long term investments in its businesses and technological ventures. Further, the CryptoRiyal will enable both individuals and organizations to monetize their data, to profit from sharing or staking it and to be able to receive insights from the cumulative data that the system collects and analyzes by applying advanced Artificial Intelligence techniques. The reward will be in the form of CryptoRiyal tokens paid to data contributors for the data streams that they share.

The data collected from the IoT devices is processed in SmartRiyal which uses AI and Machine Learning algorithms to transform data into recommendations and insights for users. Users purchase subscription to the recommendation system by paying with CryptoRiyal tokens (these can be data or external users) and gain access to insights. This advanced platform can assist in continuously analyzing and improving every aspect of operations, from better farming through shortening queues to amusement parks to development of new medicines based on data on physical and medical attributes.

CryptoRiyal will be traded, converted, transferred and distributed over the SmartRiyal platform — an online, Blockchain powered system that will continuously operate the following activities:

These functions, as well as other forms of financial uses that will evolve over time, will utilize the CryptoRiyal and the SmartRiyal platform. By doing this the economic activities and financial transactions will be underpinned for Smart Cities from its very early stages of establishment and through its ongoing growth lead to the world’s most advanced mega-cities. All these activities (and many others that will be developed in the future) are based on the following economic forms: CryptoRiyal Exchange, CryptoRiyal Growth, CryptoRiyal Insights and CryptoRiyal Community.