IoTeX

Internet of Things (IoT) · DLT Technology
IoTeX header

IoTeX

Internet of Things (IoT) · DLT Technology

Privacy-centric Blockchain Platform (IoT)

United States, California
2014
Year of establishment
Active
Status

About

Hi we’re IoTeX!


Founded as an open-source project in 2017, IoTeX is building the world's leading privacy-centric blockchain platform for the Internet of Things (IoT). Their mission is to build a decentralized trust fabric for a new era of collaboration and data exchange among devices, applications and people. Backed by a global team of research scientists and top engineers, IoTeX combines blockchain, trusted hardware and edge computing to realize the full potential of IoT. IoTeX is governed by foundation registered in Singapore.

IoTeX is a decentralized network for IoT powered by a privacy-centric blockchain with four major innovations:

• Blockchains in blockchain for a well-balanced distributed network that maximizes scalability and privacy in a cost-effective way
• True privacy on blockchain based on re l ayable payment code, constant-size ring signature without trusted setup, and first implementation of bullet proof
• Fast consensus with instant finality greatly improving the throughput of the network and reducing transactional cost
\• Flexible and lightweight IoTeX-based system architectures purpose-built for key IoT applications across multiple industry sectors.

Key objective

Building a decentralized network for Internet of Things(IoT), powered by a scalable privacy-centric blockchain,

Slogan / Motto

Internet of Trusted Things Blockchain. Confidential Computing. Decentralized Identity.

Use cases

Enterprise Service
Hardware Infrastructure
Blockchain Development Platform

Team

Customers / Partners

Products

Tokens

IoTeX Network
IoTeX Network
($IOTX)
Type
Platform tokens
Token standards
ERC-20
Price
$0.06
Market Cap
$433,686,282.00

Funding

Received funding
N/A
Total amount raised
3
Rounds
6
Total amount of investors
Amount Raised
Funding type
Funding round closing
Investors
N/A
Venture
BlockVC
Founder Friendly Labs
N/A
Seed
8 Decimal Capital
NEO Global Capital (NGC)
Struck Capital Crypto
N/A
ICO/Token Sale
Connect Capital

News

New tech allows crypto users to mint NFTs with 'proof of presence'

IoTeX's project uses "verifiable GPS data to mint NFTs that prove you were at a certain place at a certain time," said Larry Pang.


2 months ago


Product update/release
IoTeX

IoTeX (IOTX) rallies 300% after DeFi and Amazon Web Services integration

IoTeX soared to a new all-time high after partnering with the Amazon Web Services network and integrating with multiple DeFi platforms.


2 months ago


Partnership
IoTeX
AWS Blockchain

Blockchain technology now powers a privacy-focused security camera

The new camera from IoTeX reportedly features a private key for access and end-to-end encryption of all data.


7 months ago


Product update/release
IoTeX

Accenture, R3 join Confidential Computing Consortium

Yesterday the Confidential Computing Consortium (CCC) announced a raft of new members, including firms involved in blockchain such as R3, Anqlave, IoTeX and Accenture. CCC is a Linux Foundation project that launched last year and aims to create a community around confidential computing. Its founding members include Alibaba, Arm, Google, Huawei and Intel. “In the past five...


10 months ago

Accenture
Accenture Blockchain
R3
IoTeX
Linux Foundation
Alibaba Group
Google
Huawei Technologies Co., Ltd
Intel

Facebook, IoTeX, R3 Among New Members of Confidential Computing Consortium

The Confidential Computing Consortium aims to create systems that sequester sensitive data so it can't be exploited by nefarious actors.


10 months ago


Partnership
Facebook
IoTeX
R3