IoTeX Announces Full-Scale Entry into AI…"Building an Innovative Ecosystem"

IoTeX, a decentralized network connecting the physical and digital worlds, announced on the 3rd that it is making a full-scale entry into the field of artificial intelligence (AI).

IoTeX has enabled the implementation of real-world AI systems by building a decentralized network where devices and AI agents collaborate using verified data in real-time. This AI expansion will be implemented in a way that AI developers will be supplied with real-time verified data by globally connected devices and DePIN participants.

The four core elements of the IoTeX AI ecosystem are the IoTeX Layer 1 blockchain, the ioID protocol, Quicksilver, and the IOTX token. These components are combined in the "intelligent ecosystem," the core of IoTeX AI architecture. The intelligent ecosystem is a domain-specific knowledge ecosystem that generates usable intelligence in various industries—such as transportation, healthcare, energy, and robotics—by utilizing real-time data from devices, people, and sensors. As new data flows in, the intelligent ecosystem becomes more sophisticated and evolves into a more valuable knowledge ecosystem.

Regarding this, IoTeX co-founder Jing Sun explained, "We are creating an ever-growing knowledge economy. The intelligent ecosystem is a dynamic arena of collaboration among devices, people, and AI."

This announcement is considered a significant leap that consolidates IoTeX's accumulated technologies in device network reliability, decentralized identity authentication, and token-based collaboration.

Raullen Chai, IoTeX co-founder and CEO, stated, "IoTeX realizes true AI using real-world data. From now on, we will open a new AI ecosystem where anyone can participate and contribute."