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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.

Head of Cryptography

We are excited to present our future partner @iotex_io, an innovative #blockchain platform enabling to exchange value and information on a global scale🌎
Pretty soon, its native asset $IOTX will be available for the fastest swaps with extra-low fee 0,25% on Changelly! Stay tuned!

πŸ‘©β€πŸ«News Digest EP61

1️⃣ New strategic investment from HashKey Capital! πŸŽ‰
2️⃣ #InternetofTrustedThings
3️⃣ Gleam Campaign to Celebrate 50% #staking Ratio

🎁 Weekly Campaign https://t.co/xyiba7ycKY
full video πŸŽ₯ https://t.co/CCu9TG7FSP

IoTeX is building the Internet of Trusted Things, where all physical/virtual "things" - humans, machines, businesses - can interact at global scale. 🌎

Before our #MainnetBeta + #IoT hardware releases, get familiar with IoTeX's vision in our new blog! ✌️🏼


IoTeX 50% Staking Ratio Celebration πŸŽ‰

πŸ†• Milestones, πŸ†• Campaign! >50% of all IOTX is staked and #MainnetBeta + #SecureHardware are right around the corner πŸ”₯

Let's celebrate! IoTeX is giving away 250,000 IOTX + IoTeX Hoodies ➑️ Enter on Gleam belowπŸ‘‡πŸΌ

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Price1 IOTX = 0.0000125 ETHSale2,400,000,000Payment ModeETH
Minimum InvestmentN/ADistribution24%RaisedN/A
Soft CapN/AHard CapN/A