Blockchain technology has had an almost endless number of applications this year. The industry is growing rapidly and will continue to have a positive effect on many thousands of people. Updated and decentralized systems have a positive impact on supply chain, hospital, and payment systems. The market for blockchain devices is projected to reach over $2,459 millions by 2026, a 38.5% compound annual growth rate.

IoTeX is a pioneer in the field. It powers real devices such as award-winning, blockchain-powered cameras at Consumer Electronic Show (CES), and Pebble geo, which are perfect for optimizing supply chains in all industries. IoTeX is an EMV-compatible, multiple award-winning blockchain that supports the Internet of Things. It was established in 2017, and it fuels the Internet of Trusted Things. This open ecosystem allows people and machines to communicate with one another without fear or censorship.

IoTeX and Cartesi have formed an exciting partnership this week. The platform integrates Linux with other programming environments, including blockchain. As “The Blockchain OS” Cartesi bridges the gap between mainstream software and blockchain, welcoming millions of new startups and their developers to a rapidly expanding industry, offering them a home for their code.

This powerful couple is

This collaboration will, in the near future, see implementations of some of the first use cases with Cartesi’s pioneering technology and the IoTeX infrastructure, performing technical integrations that will enable both teams behind the partnership to address much more sophisticated IoT-oriented solutions. The Ideathon will be held by Cartesi and IoTex during The Dutch Blockchain Week (December 6th through December 10th 2021).

Ideathon participants will have to devise a solution for a challenge or problem they face every day. Participants will ideate a Web3 use case that uses real world data from IoTex’s Pebble Tracker and the off-chain computing resources from Cartesi; using real-time data, public datasets, and Cartesi’s Linux-based blockchain OS, they design a “if-then statement” that executes a smart contract depending on insights gleaned from the data type of choice.

Example use cases are plentiful: Weather insurance could take real-time temperature data from a Pebble Tracker which is cross-referenced against the 10-year historical average temperature within Cartesi’s off-chain compute environment, or real-time GPS data from a vehicle equipped with a Pebble Tracker could be cross-referenced against public map datasets within Cartesi’s off-chain compute environment to provide a trusted trip for millions of travellers.

The panel will decide the winner after a vote of the public.

Developer empowerment, IoT device end-users have new options

Cartesi’s integration of a Linux OS and blockchain has opened up a wealth of opportunities for businesses and individuals in the future. New experiences are possible for IoT tech users with this collaborative effort. CartesiOS has the potential of adding privacy to IoT and more complex data ownership management, giving IoT users the freedom to decide when, where, how, and who their data will be shared.

Both teams plan to use their collective expertise to develop sustainable and impactful solutions to decentralized IoT.

“IoTex is an environmentally friendly-oriented blockchain,” says Cartesi CEO Erick de Moura. “ We combine their blockchain technology, expertise on IoT, and hardware devices with our Layer-2 environmentally friendly blockchain agnostic technology. The integrated framework will promote a more powerful development framework for our communities, developers, and any companies interested in building fully trusted IoT solutions.”

All those interested in IoT/blockchain’s future are welcome to join Cartesi or IoTeX at the virtual event. To stay informed about when registration opens, follow Cartesi and IoTeX (NYSE:) or register now for Dutch Blockchain Week to be the first to hear about other talks.

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