Founded as an open-source platform in 2017, IoTeX is building the Internet of Trusted Things, an open ecosystem where all “things” — humans, machines, businesses, and DApps — can interact with trust and privacy. Backed by a global team of 30+ top research scientists and engineers, IoTeX combines blockchain, secure hardware, and confidential computing to empower privacy-focused apps, and services, enabling next-gen IoT devices, networks, and economies. IoTeX’s goal is to empower the future decentralized economy by “connecting the physical world, block by block”. it is a full-stack platform to enable trusted data from trusted devices, for use in trusted dApps.
In the crowded Blockchain for IoT ecosystem, in which there is no definite clear leader yet, IoTeX is definitely one of the most advanced actors. With a few products built on top of the IoTeX, such as Ucam for example, a private home security camera, and an ever-growing ecosystem, the project is definitely well positioned to succeed. The road for adoption is still long, but the work produced is of high quality and the team working on it is solid enough to deliver. The public repositories are showing a high activity on the public repositories. The token of the project, IOTX, is trading and available on Binance.