IoTeX's project uses "verifiable GPS data to mint NFTs that prove you were at a certain place at a certain time," said Larry Pang.
Internet of Things News
The internet of things (IOT) is a concept of a network built with connections between many physical deviсes, such as vehicles, houses and other objects, powered by some type of software. The number of IOT-capable devices is increasing and sustainable connections between them can largely accelerate the integration of physical items into the current internet system. The IOT definition of “things” refers to a variety of devices such as heart monitors, live-streaming cameras, biochips and many others. The Internet of things is one of the main fields of study and development process. The Internet of things has a place for the implementation of cryptocurrency and blockchain technology to validate data, hastening its transition and making a payment system for transactions within the network. Many experts are concerned about IOT’s security and anonymity problems, as IOT could hold even more private information than the present internet.
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IoTeX soared to a new all-time high after partnering with the Amazon Web Services network and integrating with multiple DeFi platforms.
24798 - News
The Iota board said it had “parted ways” with Sønstebø due to the fact its interests have “diverged significantly” with those of the co-founder.
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Olsztyn, Poland is using SmartKey built on Ethereum to streamline emergency services.
20751 - News
The Iota Foundation is teaming up with one of Austria’s most prestigious universities to foster research in distributed ledger technologies.
12611 - News
The new camera from IoTeX reportedly features a private key for access and end-to-end encryption of all data.
8084 - Sponsored
A project is aiming to create a “new blueprint for the future” that marries IoT and artificial intelligence, all through the adoption of blockchain technology.
11134 - News
Robonomics’ lifetime subscription token is trading for close to six-figures on Uniswap.
11682 - News
Blockchain could help shared device merchants avoid credit card fees, MasterCard says.
4987 - News
After heavy funding cuts for blockchain this year, Global 2000 companies are looking to DLT to regain a competitive advantage in the post-coronavirus landscape.
7031 - News
Chrysalis is barely a week away from going live.
7647 - Opinion
In a global economic recession, individuals and institutions have been turning away from traditional assets and seeking opportunities in cryptocurrency.
8672 - News
Iota Foundation expects to remove network Coordinator and become a “fully decentralized network” by Q1 2021.
8236 - News
Tencent has reportedly expanded its dominance in blockchain patents after filing for DLT-based fund management, advertising and media storage solutions.
4529 - News
Vodafone plans to link billions of distributed energy generating assets to grids using the Internet of Things and blockchain technology.
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