TheMerkle
2018-05-28 17:00:13

What Is IoTeX Cryptocurrency?

It seems there is a growing synergy between blockchain technology and the Internet of Things. Building the best infrastructure for this purpose will not be easy by any means. IoTeX claims to have come up with a viable long-term solution in this regard, although it remains to be seen whether the project can deliver on its initial promise. The Concept of IoTeX The IoTeX project positions itself as the next generation of Internet of Things-oriented blockchain infrastructure. Inter-device communication can certainly benefit a lot from distributed ledger technology. This is also relevant to IoT’s payment aspect. However, building the necessary infrastructure to make IoT thrive in its