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IoTeX is a blockchain platform designed to enable secure machine-to-machine communication and data exchange for the Internet of Things (IoT) ecosystem. It features a scalable, privacy-focused infrastructure with DePIN (Decentralized Physical Infrastructure Network) capabilities that allow IoT devices to autonomously transact and share data without intermediaries. IoTeX distinguishes itself through its focus on combining blockchain technology with real-world IoT hardware and applications, creating a practical bridge between physical devices and decentralized networks.