SmartMesh is a blockchain based underlying protocol of the Internet of Things. SmartMesh has built-in blockchain light nodes, and extends the Raiden and Lightning Networks second layer architecture network protocols allowing internet-free digital payments and transactions. Utilizing blockchain-based token incentives, SmartMesh technology allows the formation of agile, decentralized Mesh Networks that can self-repair and have higher near-field speeds and bandwidth than standard Internet connections. SmartMesh allows blockchain to break through the Internet boundary into the IoT (Internet of things) and IoE (Internet of Everything) era where all things are connected.

SMT is the absolute driving force of Spectrum, a distributed application platform. It is the main chain of the Spectrum in the SmartMesh ecosystem.

SMT tokens, however, are ERC-20 tokens and are used to incentivize SmartMesh Mesh node contributors and to purchase products and services in the SmartMesh Mesh ecosystem. When users connect their SmartMesh phone nodes to the SmartMesh mesh network, they are rewarded with the SMT tokens. The longer the user stays on the network, the more SMT that they amass on the SmartMesh Blockchain.

Although 'SMT' was the ticker assigned at the deployment of the SmartMesh Token's smart contract, it is already in use by another asset that has a larger market presence and higher trading volume on major exchanges. Due to this pre-existing association and to avoid confusion in the marketplace, the alternative ticker 'SMARTM' has been adopted for this token. This designation is specifically used to ensure that assets are distinctly identified.