$IOTX (IOTX) is a blockchain platform focused on the Internet of Things (IoT) sector, aiming to connect physical devices and machines to the blockchain. It's designed to provide a secure, scalable, and decentralized infrastructure for IoT applications.
*IoTeX Use Cases:*
- *Decentralized Applications (dApps)*: IoTeX supports the development of dApps, enabling secure and private interactions between IoT devices.
- *Smart Contracts*: IoTeX's blockchain enables the creation and execution of smart contracts, automating processes and ensuring trustless transactions.
- *Supply Chain Management*: IoTeX's technology can be used to track and verify the origin, quality, and movement of goods.
- *Smart Cities*: IoTeX is working on projects to integrate IoT devices with blockchain technology, enhancing urban infrastructure and services.
*Real-Life Applications:*
- *Pebble Tracker*: IoTeX's blockchain-powered device for tracking and monitoring assets.
- *UCam*: IoTeX's blockchain-powered camera for secure and private video surveillance.
- *Smart City Projects*: IoTeX is collaborating with cities to integrate IoT devices with blockchain technology, enhancing urban infrastructure and services.
*Future Price Predictions:*
- *2026*: Predictions range from $0.0109 to $0.21, with an average price of $0.0112.
- *2030*: Predictions range from $0.062185 to $1.27, with an average price of $1.16.
- *Long-term*: Some analysts predict IoTeX could reach $16.24 by 2050.
*Projects Update:*
- *AI Infrastructure*: IoTeX is pivoting to AI infrastructure, positioning itself as an open ecosystem for "Physical Intelligence" powered by real-world device data.
- *Regulatory Milestone*: IoTeX announced a major expansion into AI, with initiatives like the Real-World AI Foundry and partnerships with NASDAQ-listed U Power ¹ ² ³.
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