IoTeX & Chainlink: Delivering Real World Data to Blockchain

IoTeX
IoTeX
Jul 12 · 3 min read

Guaranteeing Trust for Oracles with TEE

IoTeX and Chainlink have both improved blockchain oracles using Trusted Execution Environments (TEE), a secure hardware element that empowers trusted computing. In short, TEEs provide a protected, confidential environment for processes to run. Due to their strong security features, TEEs can guarantee integrity and confidentiality when executing commands, such as blockchain queries for real-world data. TEE-powered oracles enable end-to-end trust and traceability (e.g. data, source, delivery) without leaking any sensitive information in the process.

Deployment Plans — What’s Next?

Chainlink integration to the IoTeX Mainnet will make off-chain data (e.g., public APIs, payment gateways, data feeds) available to IoTeX smart contracts and IoT applications.


What is IoTeX?

IoTeX is the leading privacy-IoT blockchain platform, built from scratch by top engineers and research scientists from Google, Facebook, Uber, Intel, and Bosch. IoTeX is empowering the Internet of Trusted Things, where all physical and virtual “things” — humans, machines, business, and DApps — can exchange information and value at global scale. Combining blockchain, trusted hardware, and edge computing, IoTeX helps developers and enterprises capture the full potential of IoT. Learn more by visiting their website, Telegram, and Twitter.

What is Chainlink?

Chainlink is a decentralized oracle network that enables smart contracts to securely access off-chain data feeds, web APIs, and traditional bank payments. Chainlink is consistently selected as one of the top blockchain technologies by leading independent research firms such as Gartner. It is well known for providing highly secure and reliable oracles to large enterprises (SWIFT and Google) and leading smart contract development teams.” Learn more by visiting their website and dev docs or joining them on Telegram and Twitter.

@iotex

IoTeX is the auto-scalable and privacy-centric blockchain infrastructure for the Internet of Things (IoT). IoTeX is bringing autonomous device coordination to the masses by "connecting the physical world, block by block".

IoTeX

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IoTeX

The Privacy-Centric Blockchain Platform for IoT

@iotex

@iotex

IoTeX is the auto-scalable and privacy-centric blockchain infrastructure for the Internet of Things (IoT). IoTeX is bringing autonomous device coordination to the masses by "connecting the physical world, block by block".