
Now the direction of the Internet of things is gaining popularity and application. This is an increase in the number of devices that interact not only with users, but also with each other and have access to the network to transfer data, record them, change the distance a person, if he is not at home and suddenly forgot to turn something off. It is very convenient, on the one hand increases the security of control from your smartphone and the visibility of all devices, developing technology.
Many companies in various fields of activity have been using the Internet of things for many years and are satisfied with the results, because they show everything in real time and the worker is not necessarily near the equipment, it is possible to be exposed even to danger. The data comes to the computer and it will be easy to analyze, fix something and improve the operation of the devices.
The most important here are of course the data that can and should be collected, analyzed and further used to improve comfort or make business decisions. The technology also allows for remote monitoring of the state of objects or the collection of large data for subsequent analysis. All this makes it possible to save on the maintenance of devices: sensors collect information about its condition, so maintenance and repair are made exactly when it is needed.
All this is very attractive, but there is a disadvantage in the form of centralized use of storage of this data, which makes it possible for hackers, fraudsters to steal them or configure them for their needs. There have been such cases, and sometimes many can not cope with a large database to improve the Internet of things. But fortunately for the solution of these problems is taken by a project called IoTeX.

The team is building a decentralized network for the Internet of things that allows it to scale, increase data processing and mass adoption by people. This platform will allow you to be sure that the funds from your card, which you pay for the Internet of things services, will always be safe and secure. Also, manufacturers of these devices will be interested in obtaining big data to optimize their sensors, increase sales.
Blockchain technology will solve here the issues of confidentiality, reliability of all operations, selection of the cheapest options for using electricity, and thanks to decentralization, people from all over the world will have access and the opportunity to actively participate on the platform, bringing their part of the benefits.
The project team consists of professionals and some participants are related to well-known companies, for example, including Uber, Google, Facebook, Intel, that is, the guys know all the details and benefits of working with data and their competent implementation(a few members in this picture below).

Large databases will allow to train artificial intelligence much more effectively. To use the platform's services, you must have their digital tokens, which will be released a fixed amount of 10 billion. Also, Intex will enable developers of various projects to create their own subchains on their blockchain, which will allow to use their tokens.
The idea is ambitious and has already been collected on a private sale of 25,000 Ethereum, see what companies have become investors of this project in this screenshot:

In my opinion, this is one of the most reliable and reasonable ways to use your Internet of things and information from them, as well as the protection and elimination of many other intermediaries who will not be able to protect you from data theft. Such an ecosystem will help to move both devices and blockchain to a new level of development. Thank you for your attention!
More information you can find on these links:
Website: https://iotex.io/
Telegram group: https://t.me/IoTeXGroup
Twitter: https://twitter.com/iotex_io
My bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=1184171
Hash id: sDNiV
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The Internet of things makes people's lives much easier, because some are not even able to walk themselves, and here they can configure and manage from a distance. Thanks to the team that still want to improve this area of technology!
@aivaryamal resteem done and 75+ vote got from @abir97
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The project has a strong team and investors are large, so the project will be a success!
The Internet of things is the future development of many technologies and this team will make a great contribution to it!
It will be interesting to study this decentralized network even better!
It will be interesting to study this decentralized network even better!
In a few years, there will simply be no areas of life where this useful technology will not be used. Thank you for a detailed and interesting review!
This post is resteemed and upvoted by @bestboom
So much collected and only on private sale!!! I will study the project in more detail, thanks for the information)
I have plan to install in the apartment the Internet of things and will love to use them more safely and profitably. Thanks for the idea!
This is one of the most popular and discussed topics today! The blockchain and the Internet of things - this is hard! Thank you for interesting article!
And tokens will be properly distributed to avoid inflation! Take into account all the details
Quite well-planned road map, the team is set up seriously.
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