IoTeX co-founder Raulllen Chai chats with BlockchainBrad about connecting the Physical World Block by Block via a Privacy-Centric Blockchain. But what is IoTeX? Well, it is about ‘Connecting the Physical World Block by Block’ and is ‘powered by a Privacy-Centric Blockchain’. This is a Decentralized Network for Internet of Things. IoTeX is tackling issues such as low scalability, high operating cost, privacy concerns and lack of functional values HEAD ON by introducing token economy into IoT spaces. IoTeX strongly believes that crypto incentives as well as the community effort are the two key forces to propel innovations in IoT space. In short, IoTeX is the next generation IoT-oriented blockchain platform with strong scalability, privacy, isolatability and developability for incubating new IoT applications and ecosystems.
Raullen Chai (Co-founder)
Credentials and Background
Ph.D and Research Scientist in Cryptography at UWaterloo. Head of Crypto R&D at Uber, Security Engineer at Google. 8+ years of experience in cryptography and blockchain