IoT which stands for Internet Of Things is steadily on the increase we have seen IoT been applied in so many areas of lifes like Wearables ,Smart Homes,Cars,Smart Cities,Industrial IoT,Retail,Healthcare,Smart Grids,Environmental Monitoring,Supply Chain etc, so this means that IoT power almost everything around us but are we really secured with all these IoT gadgets?
Since these gadgets sends their signals through internet, wireless,Bluetooth etc it means whenever any of the signal means is compromised we are no longer safe? Imagine IoT been connected to car and it’s been compromised that means it is a serious disaster. So for IoT devices to be safe it means we need a provider that will provide a secure environment and platform for the devices and IoTeX is already doing that. Let’s find out more about IoTeX
What is IoTeX
IoTeX is a decentralized network for Internet of Things (IoT) powered by a privacy-centric blockchain. IoTeX is a hybrid of blockchains connecting Root Chain & Subchain together as one
IoTex been a network of many blockchains that are arranged hierarchically, which means multiple blockhains can run simultaneously with one another and still maintain it’s interoperability.
- The Root blockchain(Root chain) Manages all the independent blockchains(sub-chains)
- Sub-chain is an independent blockchains that connects and interacts with IoT devices
- Cross chains transfer value and data from sub-chains to the root-chain or from one sub-chain to another via the root-chain
Why IoTeX Is Unique?
IoTeX is a unique platform with it’s significant advantage over other platform in the following ways:
- Blockchain-in-blockchain architecture which ensures privacy and prevents IoT information leakage.
- Built-in privacy based on lightweight cryptography.
- Real-time consensus with instant finality, which improves the throughput of the network, and reduces transactional cost, and boosts efficient cross-blockchain communication.
- Subchain-as-a-service (SAAS) to facilitate fast prototyping and production of new IoT applications and ecosystems.
IoTeX Use case
Conclusion
IoTeX blockchain in blockchain is the main uniqueness of the platform this allows devices to be hosted on subchain without connecting to any public chain or centralized location, this makes it to be secure and private and it allow subchain to still interact with the root chain without compromising any privacy with this feature and increase in the use IoT devices IoTeX will be widely adopted for building future IoT devices.
Learn More About IoTeX :
White Paper
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