While browsing Twitter, I happened to see a post from an overseas celebrity. Some projects have submitted rwa solutions to BlackRock in advance, but these protocols have not yet been discovered! After checking, we are familiar with only IOTX that has this background and is listed on Binance.
Therefore, it is worth studying whether iotx will become the next RWA protocol to explode the market!
From a fundamental perspective, IoTeX's mission is to build a connected world where everyone has their own data, devices, and identity. Leveraging the power of blockchain, IoTeX will unlock the potential of smart devices/data and empower a new generation of real-world Dapps and digital assets. What iotx does from beginning to end is to blockchainize real-world infrastructure, while rwa tokenizes real-world assets. The two can be said to complement each other! Therefore, many people also classify iotx into the RWA sector, which is why iotx will submit the rwa solution to BlackRock!
Let’s talk about what the depin track is. The full Chinese name of DePIN (Decentralized Physical Infrastructure Networks) is: decentralized physical infrastructure network. It uses tokens to motivate users to deploy hardware devices to provide real-world goods and services or digital resources. You may think of#FILhere, which is also one of the entire concepts. The token FIL is used to provide incentives for users to do distributed storage Provision of hard drives and equipment.
So it consists of two parts: PRN &#DRNPhysical Resource Network (PRN): Incentivizes participants to use location-based hardware to provide real-world unique goods and services such as WIFI, 5G, VPN, energy information sharing, geospatial data. Digital Resource Network (DRN): A real-world physical infrastructure network that incentivizes participants to use hardware to provide digital resources, such as broadband networks, storage networks, and computing networks.
iotx serves the depin project by developing a so-called W3bstream. This middleware is very similar to the currency tia! You can use it regardless of the chain, and the scary thing is that it develops faster than tia’s actual business, which currently includes Ethereum He is used by Fangfang, IoTeX chain, Solana, Polygon, Arbitrum, Optimism and Conflux.
The most important thing is the recent announcement of integration with sol. All depin projects on sol can use iotx technology - including rndr, mobile, hnt, etc.
It is equivalent to taking advantage of the east wind of the sol ecology~
And the price of the currency is also quite strong, and it has risen 7 times from the bottom without knowing it! However, there are very few people discussing it in the market. The weekly line has broken through and stabilized, and there has not been a main upward wave. It happens to be a hot concept leader, waiting for the fermentation of Lafite~
