IoTeX Participation in Token 2049 Conference

CoindarIoTeX is set to participate in a series of events during the Token 2049 conference. The team will be present at the R3al World conference, a collaborative event organized by IoTeX and Messari. The conference is scheduled to take place from September 16 to September 17. Additionally, IoTeX will also be part of the deAI Summit on September 16th, DePIN Mass Adoption on September 17th, In the World of DePIN on September 19th, and DePIN Day Singapore on September 20th. This participation highlights IoTeX’s engagement in the blockchain and IoT community.

IoTeX: Revolutionizing IoT with Blockchain

IoTeX (IOTX) is an open-source blockchain platform tailored for the Internet of Things (IoT) sector, focusing on scalability, privacy, isolation, and decentralized application development. The project aims to tackle IoT ecosystem challenges like security vulnerabilities, high maintenance costs, and scalability constraints. By introducing a novel blockchain architecture, IoTeX supports a vast array of IoT devices. Central to IoTeX is the ‘blockchain within a blockchain’ concept, where the root blockchain manages network security, while sub-blockchains handle IoT device management and transactions. The native token, IOTX, powers the IoTeX network, facilitating transactions and governance participation.