What is IoTeX (IOTX)? | IoTeX Crypto Explained in Under 60 Seconds

IoTeX Platform - IoTeX is a fast, secure & scalable blockchain platform that employs a modular architecture to power decentralized IoT smart devices, trusted DApps and digital assets for the new machine economy.

IoTeX Coin (IOTX) - The IoTeX network is powered by the $IOTX token. Used for network transactions, staking to earn 10%+ APY, and governance of the IoTeX blockchain.

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The IoTeX blockchain is fast, decentralized, EVM-compatible, and powered by the Roll-DPoS Consensus Mechanism. Built from scratch (no forks) to support large-scale, decentralized IoT use cases.

Decentralized Identity (DID) - The Decentralized Identity (DID) is an on-chain identity framework that allows users or devices to own their data & identity. Identities are interoperable & standardized across the platform.

Real World Data Oracles - Real World Data Oracles provide the blockchain with access to off-chain data for use with on-chain smart contracts. IoTeX allows for verifiable real world data from trusted devices.

Secure Hardware - IoTeX incorporates trusted execution environments (TEE) to make secure hardware tamper-proof. IoTeX is already powering real devices such as blockchain powered cameras & geo devices.

WEBSITE: https://iotex.io/