IoTeX (IOTX)
IOTX
- Price 24H1.37% $0.00764
Number of casinos: 2
Cryptocurrency Summary
IoTeX is a blockchain platform designed to revolutionize the Internet of Things (IoT) by addressing key challenges such as scalability, privacy, and interoperability. Founded in 2017, it aims to create a decentralized ecosystem where devices, data, and users can interact securely and transparently. IoTeX employs innovative technologies like the Roll-DPoS consensus mechanism to enable high-performance and efficient blockchain operations, making it suitable for IoT applications.The platform also introduces practical IoT devices such as Ucam,a blockchain-powered security camera, and Pebble Tracker, a device for secure environmental data tracking. These tools showcase IoTeX’s ability to integrate blockchain into everyday technology seamlessly. Additionally, its ecosystem supports cross-chain compatibility, fostering collaboration with other blockchain networks. By empowering users with full control over their data and enabling trust in machine-to-machine communication, IoTeX is paving the way for a decentralized machine economy and the future of IoT innovation.
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