IoTeX to Participate in Token 2049 in Singapore
IoTeX 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, taking place on September 16th, DePIN Mass Adoption on September 17th, In the World of DePIN on September 19th, DePIN Day Singapore on September 20th.
Refer to the official tweet by IOTX:
IoTeX@iotex_ioก.ย. 16, 2024DePIN heads at #Token2049 – we’ve planned your side event schedule for you.
Here’s every event we’ll be at this week. Come hang out with the IoTeX team.
Speaking at:
→ R3al World (duh!) by IoTeX & @MessariCrypto
📅 9/16 - 17
→ deAI Summit by… pic.twitter.com/oWklbXUJmG
IOTX Info
IoTeX (IOTX) is an open-source blockchain platform specifically designed for the Internet of Things (IoT) with a strong emphasis on scalability, privacy, isolation, and the ability to develop decentralized applications and IoT ecosystems.
IoTeX was created to address the technical challenges faced by existing IoT ecosystems, such as security issues, high maintenance costs, and scalability limitations. The project is developing a new blockchain architecture to support a large number of IoT devices.
At the core of IoTeX is the concept of "blockchain within a blockchain." The main network, or "root blockchain," is responsible for network management and security, while internal blockchains, or "sub-blockchains," are used to manage various IoT devices and process transactions.
The IoTeX network utilizes its native token, IOTX, for operations such as transaction fee payments and participation in network governance.