Loomia is a technology company which relies on the blockchain technology to implement the smart fabric panels which suite the tendencies of the brands to perfect their products. Keeping in mind the rigid, plain-looking and design-limiting current market options, Loomia has come up with a unique and a future-altering invention. With an intention to enhance the functionality of the various objects used on a daily basis, Loomia relies on the environmental requirements to embed the smart technology into the simple products used in everyday life.

What Is Loomia and How It Is Established

Loomia braids the circuits into the fabrics in order to make them light up, heat up and change colors. The reason for such a futuristic invention is the consideration of the need for the adaptability to the constantly changing environmental requirements. In order to proceed with the idea, Loomia gathers the information on the habits of the consumers, including the activity level, the temperature, the wear frequency, etc. Relying on the collected information, Loomia creates the Electronic Layer sheet, a flexible and a soft circuit, highly responsive to the touch, as well as the temperature changes, in order to satisfy the original thought.

The Loomia Electronic Layer is factory-made and Rotts-certified. Aside from the fact that it is supportive of sense, heat and light applications, it can also handle up to 50 washes and dries. The Loomia invention covers several areas, such as different components, connectors, conductive inks applicable to textile, the e-patterned materials and the custom battery form factors.

Storj Labs Cloud for Safe Data Storage

Loomia has made a partnership with a decentralized cloud storage provider, Storj Labs, in order to enable the consumers to transfer the stored information from the Loomia's hardware component, the Tile, simultaneously introducing the consumers with the benefits of the Storj platform and tightly bonding with another innovative and distinctive technological mindset, providing the market with a possibility for miraculous future opportunities. The principle of data transfer is simple and invisible; it is gathered from the Loomia Electronic Layer, stored on the Loomia Tile, and then transferred to Storj cloud where it is kept secure.

The Loomia Tokens

The Loomia Data Exchange option enables the consumers to controllably access and sells their personal data to the other brands and third-parties. In exchange for their data, the users are rewarded with the Tile tokens which are deposited in their Tile application wallets. The users could also be granted the tokens for the above average identity score.

The Tile tokens are convertible to Story tokens via Loomia's token exchange contracts, which provides the users with an ease of access to the Serj platform. In addition to that, the Loomia token exchange enables the conversion of the tokens into the Bancor tokens (BNT) which further provided with the possibility of conversion to other tokens, such as Stox, Ether and Gnosis.

The technology Loomia is based on provides the consumers with a large number of advantages. Not only that it is discreet and non-invasive, but it is also very suitable and practical when it comes to the everyday usage of the custom products. This smart new technology will enable you to fearlessly run in the dark, change the patterns of a dress to fit the environment, or stay warm when needed. With such a handy invention, the future of branding seems promising and distinctive.

For more information please visit https://www.loomia.co/ and the Whitepaper.