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IoTeX is set to participate in an upcoming event hosted by the MIT Sloan Blockchain Club and HBS Blockchain & Crypto Club taking place in Cambridge on November 15th. IoTeX is an open-source blockchain platform specifically designed for the Internet of Things (IoT) with a strong emphasis on scalability, privacy, isolation, and the ability to develop decentralized applications and IoT ecosystems. The project is developing a new blockchain architecture to support a large number of IoT devices, utilizing its native token, IOTX, for operations such as transaction fee payments and participation in network governance.
