Article • Jan 8, 2024

IoTeX Thrives in 2023, Launches W3bstream and Fosters DePIN Partnerships

Summary

IoTeX launched W3bstream, a middleware connecting physical devices and their data with blockchain smart contracts.
Projects like M3tering Protocol, Western Engineering, and Drop Wireless are utilizing W3bstream for applications in smart energy and advertising.
IoTeX improved its DePIN ecosystem with DePINscan explorer and DePIN Liquidity Hub, while also enhancing its Layer 1 blockchain with version 1.12 and implementing various IoTeX Improvement Proposals (IIPs).