IoTeX is dedicated to creating the next generation of the IoT-oriented blockchain platform. The cutting-edge blockchain-in-blockchain architecture will address the scalability, privacy, isolatability, and developability issues relating to the IoT DApps and ecosystem growth. By combining token incentives with our vibrant global community, we believe we can crowdsource top industry and community talents to push the frontier of blockchain 3.0
TeX is the next generation of the IoT-oriented blockchain platform with vast scalability, privacy, isolatability, and developability for incubating new IoT applications and ecosystems. Connecting the physical world, block by block.
IoT has rapidly evolved over the years, but lacks real “killer applications”. McKinsey predicted that IoT could generate up to $11.1 trillion per year in economic value by 2025. Despite the potential of IoT, there are roadblocks ahead: lack of scalability, privacy concerns, and lack of functional values. IoTeX solves these problems by introducing a blockchain-in-blockchain architecture with token economy. By combining token incentives with community efforts, we believe we can crowdsource industry and community talents to address these technical challenges in IoT development.
At the highest level, we have four main innovations: 1. Blockchain-in-blockchain architecture which ensures privacy and prevents IoT information leakage; 2. Built-in privacy based on lightweight cryptography; 3. Real-time consensus with instant finality, which improves the throughput of the network, and reduces transactional cost, and boosts efficient cross-blockchain communication; 4. Subchain-as-a-service (SAAS) to facilitate fast prototyping and production of new IoT applications and ecosystems.
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Blockchain Enthusiast and Advisor Rated on Nov 3, 2018
5
5
5
19%
Yet another example of fantastic project underrated here. Obviously this is top-notch one of the best blockchain project sparkling in 2018. Listed at Binance, many x in capitalization, huge potential and hype
ICO Advisor | Blockchain Enthusiast | Venture Capitalist Rated on Nov 16, 2018
5
3
5
16%
Strong team of research experts working on Blockchain project! Product architecture is well thought of and could rly give competitors such as IOTA a run for their money. Looking forward to see how they progress.
Blockchain Advisor, Blockchain Expert, ICO Investor, Product Manager, Project Manager, Business Analyst, Trader, Lecturer, Jack of All Trades Rated on Aug 1, 2018 Modified on Aug 1, 2018
5
4
5
13%
IoTeX is an attarctive project in my opinion. It has a strong team, a nice product idea, a prototype, great technology implementation, a lot of funds invested.
What else could I have asked for. I wisk you good luck guys!
Research experts working on Blockchain peoject to use the technology. IOTX token have some loopholes in the token economics. Poduct architecute is well thought of and could solve the industry problem and give competition to IOTA
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