IoTeX Foundation
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| IoTeX | |
|---|---|
| Ticker symbol | IOTX |
| Precision | 18 |
| Development | |
| Original author(s) | Raullen Chai, Qevan Guo, Jing Sun |
| White paper | https://v1.iotex.io/white-paper |
| Initial release | v0.1.0 Stonevan....[1] / May 1, 2018 |
| Latest release | iotex-core 1.1.1[2] / August 22, 2020 |
| Code repository | iotexproject on GitHub |
| Development status | Mainnet Launched |
| Written in | golang |
| Operating system | multi platform |
| Developer(s) | iotex.io |
| Source model | Open Source |
| License | Apache License (open source)[3] |
| Website | iotex |
| Ledger | |
| Ledger start | 2019-04-22T02:06:30.000Z |
| Timestamping scheme | Roll-DPoS |
| Block time | 5-second |
| Block explorer | iotexscan |
| Circulating supply | 9.54B IOTX (19th of September 2020) |
Search IoTeX on Amazon.
| ISIN | 🆔 |
|---|---|
| Industry | Blockchain, IoT |
| Founded 📆 | September 2017 in San Francisco, CA, USA |
| Founder 👔 | Raullen Chai, Qevan Guo, Jing Sun |
Area served 🗺️ | Global |
| Products 📟 | Blockchain, Secure Hardware, Privacy Preserving Devices, Decentralized applications |
| Members | |
Number of employees | 30 |
| 🌐 Website | iotex |
| 📇 Address | |
| 📞 telephone | |
IoTeX is a decentralized, open-source network based on blockchain technology. The project is headquartered in Singapore.
It is seen as the chief rival of fellow Internet of Things (IoT) blockchain project IOTA.[citation needed]
History[edit]
Raullen Chai, Qevan Guo and Jing Sun are the co-founder's of IoTex [4]. The project was funded by a private sale completed in February 2018 [5].
IoTeX received the CES Innovation Award 2020 Honoree in the Cybersecurity & Personal Privacy category with Ucam, a home security camera based on the IoTeX Blockchain.[6]
On October 3 2018 IoTeX joined the Trusted IoT Alliance, later merged into the Industrial Internet Consortium (IIC) which IoTeX joined as a member as well[7].
Consensus Networks is building a health net for the US Navy on the IoTeX platform to monitor the health of its marines and sailors in real-time [8]. IoTeX Co-Founder Dr. Xinxin Fan chairs the IEEE 2958 [9]. The IEEE group includes Lockheed Martin, Ericsson, Lenovo, Huawei, and Robert Bosh. They are working on global standards for blockchain-based decentralized identities. [10].
Whitepaper[edit]
The official white paper has been published on July 12, 2018.[11]
Code Releases[edit]
Latest IoTeX blockchain release is: Mainnet 1.6.1 GA
| Release | Codename | Release Date |
|---|---|---|
| Testnet Preview | StoneVan | April 21st, 2018 |
| Testnet Alpha | Strive | June 29th, 2018 |
| Testnet Beta | Epik | Aug 30th, 2018 |
| Mainnet Preview | Photon | Nov 15th, 2018 |
| Release Name | Code Name | Release date | Block Activation |
|---|---|---|---|
| Mainnet Alpha | Apr 23rd, 2019 | 1 | |
| Pacific | Jun 6th, 2019 | 432000 | |
| Aleutian | Jul 31st, 20179 | 864000 | |
| Bering | Oct 15th, 2019 | 1512000 | |
| Cook | Oct 30th, 2019 | 1641600 | |
| Mainnet Beta | Dardanelles | Nov 10th, 2019 | 1816200 |
| Daytona | Feb 10th, 2020 | 3238920 | |
| Easter | Apr 23rd, 2020 | 4478760 | |
| Mainnet 1.0 GA | Machina | Jun 2nd, 2020 | 5165640 |
| Greenland | Aug 20th, 2020 | 6544440 |
Decentralized Identity[edit]
IoTeX's Xinxin Fan, Ph.D., chairs the IEEE 2958 Digital Identity working group that seeks global standardization of decentralized IDs for smart devices and machines [12]. Blockchain interoperability via decentralized IDs is crucial for the success of the Internet of Things (IoT), people, and enterprises. It is possible to advance global trade, economic development, and local communities around the world by eliminating technological hurdles and enabling diverse entities to communicate with worldwide standards [13].
Mass Adoption Products[edit]
Ucam[edit]
To date, IoTeX Blockchain has been used in Ucam, a home security camera produced by Tenvis [14]. The camera utilizes an IoTeX blockchain account as a login mechanism to replace the common username/password login mechanism, to prevent unauthorized access to the device that leverages common username/password attacks like Brute Force, Dictionary, Credential Stuffing attacks, and others. The private key of the blockchain account assigned to the camera is also used to encrypt the camera streaming and to share the footage only with people authorized by the camera owner [15]
Pebble Tracker[edit]
IoTeX Blockchain is has been integrated into "Pebble Tracker"[16], an enterprise cellular IoT asset tracking device that acts as a source for "trusted data", that can then be used as input for smart-contracts. Pebble Tracker is currently the first real-world demo for enabling decentralized IoT data authorization using Decentralized identifiers and Verifiable credentials[17].
MachineFi[edit]
In November 2021, IoTeX launched MachineFi, an offering that will "connect the real world to the metaverse and unleash a new decentralized machine economy."[18]
IoTeX blockchain[edit]
The US Navy is piloting a blockchain-based health network to monitor the health of all their marines and sailors in real-time[19]. IoTeX is an auto-scalable blockchain platform for the decentralized smart device and blockchain connectivity, and instead of connecting all IoT nodes into one single blockchain, IoTeX groups the IoT nodes into subchains. In this regard, IoTeX is basically a network of many blockchains that are hierarchically arranged, where many blockchains can run concurrently with one another while retaining interoperability [20]
References[edit]
- ↑ "IoTeX Core Releases". GitHub. 1 May 2018. Retrieved 1 May 2018.
- ↑ "iotex-core v1.6.1 Release". GitHub. 16 November 2021. Retrieved 16 November 2021.
- ↑ "IoTeX Blockchain Apache License". GitHub. Retrieved 2020-10-17.
- ↑ "Investing News & Analysis". Securities.io.
- ↑ "IoTeX - FAQ". v1.iotex.io. Retrieved 2020-08-24. Unknown parameter
|url-status=ignored (help) - ↑ "Innovation Award Honorees". www.ces.tech.
- ↑ "IIC Member Directory | Industrial Internet Consortium". www.iiconsortium.org. Retrieved 2020-11-09.
- ↑ https://cointelegraph.com/news/us-navy-to-pilot-blockchain-based-project-to-improve-medical-supply-lines
- ↑ "IEEE P2958 - Identity of Things Working Group (BOG/CAG/IDOTWG)". IEEE P2958 - Identity of Things Working Group.
- ↑ "Members". IEEE P2958 - Identity of Things Working Group.
- ↑ "IoTeX a Decentralized Network for Internet of Things. Powered by a Private-Centric Blockchain". iotex.io. July 12, 2018. Retrieved October 18, 2020. Unknown parameter
|url-status=ignored (help) - ↑ https://sagroups.ieee.org/2958/
- ↑ https://cointelegraph.com/news/ieee-blockchain-identity-of-things-standardization-working-group-kicks-off
- ↑ Samiljan, Tom (July 10, 2020). "The new IoTeX Ucam Looks to provide unrivaled privacy and security". Newsweek.
- ↑ "New Ucam security camera is powered by the blockchain". ZDNet.
- ↑ "Issue 3, 2020" (PDF). Nordic Wireless Quarter. 1 September 2020. p. 30. Unknown parameter
|url-status=ignored (help) - ↑ Fan, Xinxin; Chai, Qi; Li, Zhefeng; Pan, Tian (2020). "Decentralized IoT Data Authorization with Pebble Tracker". 2020 IEEE 6th World Forum on Internet of Things (WF-IoT): 1–2. doi:10.1109/WF-IoT48130.2020.9221130. ISBN 978-1-7281-5503-6. Unknown parameter
|s2cid=ignored (help) - ↑ https://cointelegraph.com/news/iotex-machinefi-rebrand-backs-200-rally-to-a-new-all-time-high.
- ↑ "US Navy to pilot blockchain-based project to improve medical supply lines". Cointelegraph.
- ↑ https://www.researchgate.net/profile/Radu-Boncea/publication/336284645_Building_trust_among_things_in_omniscient_Internet_using_Blockchain_Technology/links/5d999acf92851c2f70eeda52/Building-trust-among-things-in-omniscient-Internet-using-Blockchain-Technology.pdf
External Links[edit]
This article "IoTeX" is from Wikipedia. The list of its authors can be seen in its historical and/or the page Edithistory:IoTeX. Articles copied from Draft Namespace on Wikipedia could be seen on the Draft Namespace of Wikipedia and not main one.
