ioTube: Cross-Chain Bridge to Connect IoTeX with the Blockchain Universe
This is Phase 1 of IoTeX’s #DeFIoT series where we will showcase new innovations to unlock the trillion-dollar IoT data market. To learn more, see our #DeFIoT manifesto.
What does it mean for a blockchain to be decentralized? Most people believe that decentralization means anyone is free to join/utilize a blockchain, while the network itself cannot be controlled by any single entity. Although this is true, it does not quite capture the full picture. Decentralization also implies democratization — “the act of making something accessible to everyone.” For the blockchain industry to reach its full potential, democratization must be applied as core principles in order to build an interoperable, inclusive, and decentralized future.
⚡ ATTENTION: we have moved from Medium to our own hosted blog at iotex.io/blog⚡
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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 enable next-gen IoT devices, networks, and economies. IoTeX will empower the future decentralized economy by “connecting the physical world, block by block”.