Source. Crypto info.com
What is IoTeX?
IoTeX is building the Internet of Trusted Things, an open network where all physical and virtual things — humans, machines, and businesses — can interact with full trust and privacy. IoTeX combines blockchain, confidential computing, and decentralized identity (DID) to deliver powerful tools and capabilities for developers.
The IoTeX vision is much more than just adding trust to IoT devices. Rather, IoTeX will serve as the decentralized trust fabric to connect and embed trust in all “things”. In the Internet of Trusted Things, humans, machines, and businesses are all assigned a standardized decentralized identity (DID), allowing them to interact in a peer-to-peer (P2P) fashion. By replacing semi-trusted middlemen with fully trusted code, IoTeX will unlock transformational business models rooted in trust, privacy, and decentralization.