IoTeX launches 2.0 to upgrade L1 blockchain into open modular infra for all DePINs

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IoTeX launches 2.0 to upgrade L1 blockchain into open modular infra for all DePINs
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IoTeX introduces modularity security pool and DePIN infrastructure modules to make DePIN more accessible for builders

, a DePIN modular Web3 infrastructure platform connecting smart devices and real-world data to blockchains, has upgraded its Layer 1 blockchain into an open Modular Infrastructure for all DePINs.

IoTeX 2.0 launched with key partners, including NEAR for data availability, Filecoin network for storage, RISC Zero for zero knowledge-powered compute and Espresso for sequencing to make building in Decentralized Physical Infrastructure Networks more accessible. Other technology contributors include OKX with a wallet integration, Axelar for bridging, The Graph for indexing, Streamr for connectivity, and Irys as the provenance layer.

“The DePIN movement is re-architecting the Internet’s physical and digital backbone, with decentralized storage networks playing a pivotal role in securing the future of our data,” said Clara Tsao, a Founding Officer of Filecoin Foundation. “IoTeX 2.0's integration with the Filecoin network will provide enhanced verifiability, resilience, and accessibility for users.”

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