0x Consulting Group has formed a strategic partnership with IoTeX, which provides an IoT platform utilizing blockchain technology.
The two companies will cooperate in developing the DePIN market in Asia, and 0xC will also support the entry of projects within the IoTeX ecosystem into the Asian market.
Background
In response to the current excitement in the DePIN market, 0xC has been attracting overseas DePIN projects to Japan and supporting the international expansion of Japanese DePIN projects.
As we began to engage with IoTeX, which has a particularly strong presence in the industry at overseas conferences, we decided to partner with the aim of further strengthening the DePIN narrative in Asia, starting with Japan. Our goal is to enhance the market fit not only for IoTeX but also for projects under its ecosystem.
About IoTeX
IoTeX is an innovative blockchain platform designed to address the challenges of the Internet of Things (IoT). Since the project’s inception in 2017, it has been a pioneer in this field, consistently leading the industry.
By aiming to build a secure and efficient IoT ecosystem, IoTeX addresses the security, privacy, and scalability issues inherent in traditional IoT systems while providing new opportunities for value creation.
This technology is expected to be applied in various fields, including smart homes, smart cities, and industrial IoT, and is gaining attention as a platform that maximizes the potential of IoT.
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