IOTEX is scheduled to lead DePin in Washington on April 3.
Representatives will meet with members of Congress to show how decentralized material infrastructure networks (DePin) merge the cryptocurrency in the real world and its importance for the United States.
Refer to Official tweet by iOTX:
Iotex heads to Washington, DC Blockchainassn To lead Depin Day Educe on April 3.
We will meet with members of Congress to show how DePin brings encryption to the real world – and why America is concerned.
Follow with live updates. pic.twitter.com/ybenyevm3a
IOTX information
IOTEX (IOTX) is an open source Blockchain platform specifically designed for the Internet of Things (IOT) with a strong focus on expansion, privacy, isolation, and the ability to develop decentralized applications and ecosystems of the Internet of Things.
IOTEX has been created to address the technical challenges facing the current ecosystems of the Internet of Things, such as safety problems, high maintenance costs, and expansion limitations. The project develops a new Blockchain structure to support a large number of Internet devices.
At the core of iotex is the concept of “Blockchain inside Blockchain”. The main network, or “Blockchain”, is responsible for network management and safety, while internal Blockchains, or “sub -groups” are used to manage various Internet of Things devices and operating transactions.
The original iotex network, iOSX, uses operations such as transactions fees and participation in network governance.