IoTeX

The rapid emergence of misinformation in our modern world compels us to reconsider what we trust and why we trust it. In the future, trust will not be simply assumed but rather proven with verifiable data and code. "Don’t trust, but verify" will soon become a new global standard that permeates all aspects of our personal and professional lives. Pebble Tracker was designed around this mantra as the first out-of-the-box, verifiable platform for decentralized IoT applications.

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A secure, battery-operated, blockchain-ready, cellular-IoT prototyping platform based on the nRF91

Unifi Protocol receives a development grant from the IoTeX Foundation

Welcome to the third interview in a series of interviews with crypto enthusiasts. Today our guest is Larry Pang, Head of Business Development at IoTeX. IoTeX...

Some Internet of Things (IoT) platforms use blockchain to transport data. The value proposition of IoT is the connection to the Internet of a myriad of devices that provide and exchange data to improve people’s lives and add value to industries. The blockchain technology transfers data and value in an immutable and decentralised fashion. Security, composed of both non-intentional and intentional risk management, is a fundamental design requirement for both IoT and blockchain. We study how blockchain answers some of the IoT security requirements with a focus on intentional risk. The review of a sample of security incidents impacting public blockchains confirm that identity and access management (IAM) is a key security requirement to build resilience against intentional risk. This fact is also applicable to IoT solutions built on a blockchain. We compare the two IoT platforms based on public permissionless distributed ledgers with the highest market capitalisation: IOTA, run on an alternative to a blockchain, which is a directed acyclic graph (DAG); and IoTeX, its contender, built on a blockchain. Our objective is to discover how we can create IAM resilience against intentional risk in these IoT platforms. For that, we turn to complex network theory: a tool to describe and compare systems with many participants. We conclude that IoTeX and possibly IOTA transaction networks are scale-free. As both platforms are vulnerable to attacks, they require resilience against intentional risk. In the case of IoTeX, DIoTA provides a resilient IAM solution. Furthermore, we suggest that resilience against intentional risk requires an IAM concept that transcends a single blockchain. Only with the interplay of edge and global ledgers can we obtain data integrity in a multi-vendor and multi-purpose IoT network.

Welcome to ioTube! ioTube is a decentralized cross-chain bridge that connects IoTeX to the blockchain universe. ioTube enables the bi-directional exchange of crypto-assets and data between IoTeX and other blockchain networks. This means Ethereum tokens (ERC20) can live on IoTeX, and IoTeX tokens (XRC20) live on Ethereum and other blockchains! ioTube is fully open-source on GitHub, compatible with ioPay & Metamask, and supports ERC20 assets including ETH, wBTC, BUSD, PAXG, UNI, and more. In th...

Internet-of-Things (IoT) focused blockchain project IoTeX has joined the Executive Committee of the China Mobile IoT Alliance. IoTeX Joins China Mobile IoT Alliance In a major development for the IoTeX ecosystem, the project recently announced it had joined the Executive Committee of the China Mobile IoT Alliance. For the uninitiated,…