IoTeX Upgrades Blockchain Infrastructure for DePIN Accessibility

Thursday, July 18, 2024 6:57 AM
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IoTeX Upgrades Blockchain Infrastructure for DePIN Accessibility cover

IoTeX has upgraded its Layer 1 blockchain into an open Modular Infrastructure for all DePINs, introducing DePIN Infrastructure Modules (DIMs) and Modularity Security Pool (MSP) to make DePIN more accessible for builders. The 2.0 whitepaper provides a tech stack with composable modules and a unified trust layer to accelerate DePIN adoption, aiming to onboard 100 million devices and unlock trillions of dollars in real-world value on chain within the next 3-5 years. Key partners include NEAR, Filecoin, RISC Zero, and Espresso. By aggregating real-time data across DePIN networks, IoTeX aims to develop a superintelligent AI to transform decision-making processes for society.

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