Introducing the Power of IoTeX’s W3stream on Conflux! — Integration Announcement

IOTX CRYPTO_NEWS

We are excited to announce our integration with IoTeX and its W3bstream product. This partnership positions Conflux as a trailblazer in driving global connectivity advancements within the blockchain space. Collaborating with IoTeX is a significant milestone on our journey to revolutionize how businesses operate and interact using decentralized solutions.

Pioneering the Future of Connectivity

Our partnership is driven by a mutual vision to pioneer innovation within the rapidly evolving DePIN (Decentralized Physical Infrastructure) and DeWi (Decentralized Wireless) industries. Through the integration, Conflux developers can seamlessly connect their dApps to real-world data, creating a world of possibilities — from fitness applications to green energy and wireless 5G. Through our integration with IoTeX’s W3bstream and partnerships with China Telecom to create blockchain SIM cards and World Mobile, we are very firmly aligned with the DePIN vision to reimagine real-world infrastructure.

Furthermore, this integration empowers DePIN projects on Conflux to harness the power of DePINscan. This map explorer-as-a-service provides real-time, comprehensive, and transparent insights for projects throughout the entire DePIN landscape.

Collaborative Innovation: Co-Promotion and Developer Engagement

The collaboration between Conflux and IoTeX goes beyond technical integration. We’re both committed to co-promoting the utilization of W3bstream on the Conflux network Our aim is to inspire developers, businesses, and individuals to explore the possibilities of this innovative partnership by showcasing real-world use cases that demonstrate the potential of our joint offering.

Additionally, we will collaborate to host a series of developer events, including hackathons. These events will provide a platform for talented teams to showcase their skills and build practical use cases on the Conflux blockchain. This collaborative approach reflects both companies’ dedication to fostering an ecosystem of innovation and creativity.

Join the Journey: Exploring the Future of Connectivity

Conflux and IoTeX extend an open invitation to teams and individuals who are exploring the future of connectivity. Whether you’re an entrepreneur, developer, or visionary thinker, the partnership between Conflux and IoTeX offers a unique opportunity to collaborate on pioneering solutions that bridge the physical and digital realms.

About IoTeX

IoTeX is a modular Web3 infrastructure platform connecting smart devices and real-world data to blockchains. It empowers developers to integrate Web3 into everyday life through innovations in connected smart vehicles, city mapping, green energy initiatives, super-charged fitness platforms, environmental data tracking, proof-of-presence applications, proof of humanity, and more. With the launch of W3bstream, the world’s first off-chain compute framework for smart devices and real-world data, IoTeX has become the leading Decentralized Physical Infrastructure Network (DePIN) technology provider, enabling vertical innovations for machines, humans, businesses, and dApps to interact with trust and privacy. Backed by a global team of 60+ research scientists and engineers, IoTeX combines its EVM-compatible L1 blockchain, off-chain compute middleware, and open hardware to connect billions of smart devices, machines and sensors and dApps across the physical and digital world.

About Conflux Network

Conflux Network is a permissionless Layer 1 blockchain that connects decentralized economies worldwide. It utilizes a hybrid PoW/PoS consensus mechanism, ensuring a fast, secure, and scalable blockchain environment. Conflux operates without congestion, maintains low fees, and prioritizes network security.

Being the leading regulatory-compliant public blockchain in China, Conflux offers advantages for projects entering the Asian market. In its partnerships, Conflux collaborates with global brands and government entities including Shanghai, China Telecom, Little Red Book (China’s Instagram), McDonald’s China, and Oreo. These noteworthy collaborations serve as a testament to Conflux’s unwavering dedication to driving blockchain and metaverse initiatives.

Source : Medium / Dec 20, 2023

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