IoTeX, founded in 2017, is an open-source blockchain project designed for Internet of Things (IoT) applications, enabling decentralized interactions between humans and machines. It aims to address security and privacy concerns, such as the ownership of home camera recordings. The platform features its own blockchain and IoT middleware with advanced hardware, architecture, and security, allowing developers to create secure IoT devices and applications while protecting user privacy. IOTX is the native cryptocurrency with a total supply of 9.7 billion. The IoTeX network consists of Device, Storage, and Blockchain Layers. The Device Layer ensures trusted data from connected devices through verifiable identities. The Storage Layer securely stores data efficiently, using the IoT Cloud with times...
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