Hassan Maishera
In a tweet on Tuesday, the IoTeX team welcomed SupraOracles, a platform that provides a cross-chain oracle solution, to its ecosystem. The SupraOracles will reportedly support IoTex’s vision for MachineFi by bringing data from APIs and databases to the IoTeX network.
MachineFi is a new paradigm fueled by Web3 that underpins the new machine economy, whereby machine resources and intelligence can be financialized to deliver value and ownership to the people, not centralized corporations.
IoTeX's mission is to be a privacy-centric blockchain managing the entire information lifecycle of an Internet of Things (IoT) network, including data collection, transport, storage, and utilization.
IOTX is down by more than 2% so far today and is currently trading at $0.0789.
