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How Fast Is Technology Advancing in 2022?

Almost everything we do today has an atom of technology in it. From our smart devices to advanced computers, and sophisticated engineering equipment – technology is all around us. But this question remains – How fast is technology advancing? Statistics that illustrate how fast technology is growing over the years have shown breakthrough technologies from all aspects…

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What is the IoT?

The Internet of Things (IoT) describes the network of physical objects—“things”—that are embedded with sensors, software, and other technologies for the purpose of connecting and exchanging data with other devices and systems over the internet. These devices range from ordinary household objects to sophisticated industrial tools. With more than 7 billion connected IoT devices today,…

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How Can Blockchain And Digital Payments Reinvent The Internet Of Things?

 The convergence of artificial intelligence, blockchain, cloud computing, edge computing, Internet of Things (IoT), 5G, computer vision and augmented/virtual reality is taking society on a journey through the next wave of the digital revolution and toward the metaverse. As one of the key enablers of the metaverse, IoT has reshaped our lives in significant ways with…

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IoTeX — When Blockchain meets the Internet of Things

The ideal blockchain implementation in the IoT space must have no or minimal transaction costs, significant growth potential, and a scalable identity management procedure. However, traditional blockchain does not address all IoT security concerns: personal data confidentiality and protection need additional encryption. That’s where IoTeX stands out.

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