IoTeX to Host 'R3al World' Networking Session at Permissionless Conference

IoTeX is set to host an exciting event titled “R3al World” on June 24th, from 21:00 to 23:00 UTC, as part of the Permissionless conference in New York. This networking session will focus on Decentralized Physical Infrastructure Networks (DePIN) and Artificial Intelligence (AI), bringing together builders and innovators who are working on Physical AI, real-world assets, and decentralized infrastructure. Attendees can expect a vibrant atmosphere where they can engage with industry leaders and discuss the latest advancements in these fields while enjoying refreshments during the official DePIN x AI happy hour.
The IoTeX platform, known for its open-source blockchain tailored for the Internet of Things (IoT), aims to tackle the prevalent challenges in existing IoT ecosystems, such as security vulnerabilities, high maintenance costs, and scalability issues. By developing a unique blockchain architecture that supports a multitude of IoT devices, IoTeX is paving the way for a more secure and efficient IoT landscape. The core concept revolves around a “blockchain within a blockchain” structure, where the main network manages security and operations, while sub-blockchains handle specific IoT devices and transactions.
At the heart of the IoTeX ecosystem is its native token, IOTX, which facilitates various operations, including transaction fee payments and governance participation. This innovative approach not only enhances the scalability and privacy of IoT applications but also fosters the development of decentralized applications and ecosystems. As the event approaches, the excitement within the community is palpable, with many looking forward to the insights and collaborations that will emerge from the R3al World session at Permissionless.
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