The Integration of Internet of Things and Blockchain: IoTeX Leading DePIN Innovation

The internet of things and blockchain technology are driving innovative transformations across various industries, from finance to healthcare to retail. The combination of these two technologies can create entirely new solutions, protect shared data between devices, enable intermediary-free data exchange, and give rise to new applications and services.

In the field of the integration of the internet of things and blockchain, IoTeX is undoubtedly a pioneer in DePIN, providing a secure, scalable, and privacy-protecting infrastructure for physical devices. Based on this, IoTeX has launched MachineFi, a solution aimed at industrial machines and equipment that can offer secure, fast, and cost-effective connectivity and data processing. MachineFi fully leverages the advantages of the IoTeX blockchain, including privacy, security, and decentralization features, to build a trustworthy and scalable infrastructure for the internet of things.

Latest Developments

• Host multiple global summits to attract the attention of over 350 global investors.
• Over 20,000 smart devices connected to the network in 72 countries worldwide
• Start domain services and Ethereum cross-chain bridge
• Launching W3bstream as an open-source launchpad for DePIN
• Provide nearly one million dollars in development funding to 15 ecological projects
• Integrated NFT Trading Market

Innovative Product Showcase

Since its establishment in 2017, IoTeX has been dedicated to becoming a bridge between the blockchain world and the real world. Its core products include:

1. Pebble: A small, low-power internet of things device that captures and provides real-world data.

2. Ucam: Award-winning smart home monitoring camera that uses Blockchain technology to protect user privacy.

Ecosystem Cooperation

IoTeX has established partnerships with nearly 200 projects, covering various fields such as MachineFi, DeFi, tools, and wallets. Key partners include:

• MachineFi field: W3bstream, CalDance, Elumicate, etc.
• DeFi field: ioTube, Filda, LaunchZone, etc.
• Tooling domain: Alchemy Pay, XP.NETWORK, DEXTools, etc.
• Wallets: ioPay2.0, MathWallet, Ledger, etc.

Through these extensive collaborations, IoTeX is building a comprehensive Blockchain internet of things ecosystem that provides users with a variety of services and applications.

IoTeX, with its innovative technology and protocols, is expected to become a leading Blockchain platform in the internet of things industry, driving the trend of connecting the real world with the Web3 world. As more projects join and technology continues to advance, we can expect IoTeX to bring more exciting applications and services to users in the future.