ioeX is the perfect combination of blockchain technology and the Internet of Things (IoT) industry. Starting in 2016, ioex built a "decentralized peer-to-peer network" that is estimated to reduce M2M data transmission costs by 70%, equivalent to $12.6 billion per year by 2020. ioeX builds a decentralized peer-to-peer network based on existing servers (as boot nodes) and smart devices (as peer nodes). Through the interconnection between nodes, the ioeX network can update the software without going through the OTA server. At the same time, ioeX adopts blockchain technology and releases the encrypted currency "ioeX coin" as rewards and incentives for smart devices sharing bandwidth and relay storage.

The formation of ioeX network

(1) Constructing public network nodes The ioeX team will build batches of public network nodes around the world as the infrastructure for networking. ioeX independently builds the equipment used for public network nodes, mainly server-level equipment. As time goes by, in addition to self-built public network nodes that will be used to invite business partners to settle in and operate together (node ​​partner program), the ioeX team will introduce many partners who can operate public network nodes from the outside, which will be provided by the operating partners independently or by themselves. Build a public network node device.

(2) Online, automatic search, and serial connection of public network nodes After the public network node device is loaded with the ioeX public network node SW, it is turned on and connected to the network, and it will start automatic search and connect with other public network nodes. After the newly added public network nodes go online, they will search for existing public network nodes and connect them in series, continuously expanding the coverage of the public network node series.

(3) Import of device nodes Many smart devices loaded with ioeX device node SW have entered the market one after another. After the device nodes are powered on and connected to the network, they will automatically search for public network nodes. The deployment of device nodes will be parallelized in multiple ways, such as releasing multiple types of device node APPs to the application market so that ordinary users can download and install them in their own smart devices; cooperate with equipment manufacturers to import device node SDKs to them for shipment Among smart products, it is a personal cloud storage device for consumers, and it can reduce the cost of online software upgrades for equipment manufacturers.
ioeX responds to the call for international clean energy, and proposes to regard computing power and storage capacity as new clean energy in the era of high-speed mobile networks, which may not be supported by equipment products newly produced by equipment suppliers and imported with ioeX functions. How to make good use of the original, old but unused equipment in the hands of ordinary users, plus the idle bandwidth flow at home and the unused storage space in each equipment to jointly build a global new value security network.

(4) The device node joins the network through the public network node The device node will automatically search for the public network node, and select a public network node to connect according to the network conditions to join the network.

(5) Device nodes and public network nodes form a network. Device nodes that join the network can connect and transfer files with other device nodes; Any available public network node can be selected for relay transmission.

ioeX Business System

For ioeX, the operation of the business system is a business operation model, and it is also a new business combat function that can be actually produced through its decentralized evolution process, and is used to guide the operation of other business websites The industry knows how to truly build a new generation of decentralized or semi-decentralized (hybrid mode) business systems through the ioeX networking and blockchain functions. Let ioeX go beyond the field of Internet of Things, and also smoothly involve in the field of basic platforms that support cross-border e-commerce operations.
In the first phase (Phase 1), the business system will first adopt a central system to ensure smooth business operations.
In the second phase (Phase 2), after the official operation of the ioeX network business service, although the system operation still adopts a centralized system, the data files of the business system are distributed and backed up in the network. The equipment nodes responsible for the backup of business system files will be rewarded by IOEX by the network incentive system.
The third phase (Phase 3) is to decentralize the business system and run it on 51 public network node partners, and the system files are distributed and backed up in the device nodes. Both public network node partners and device nodes will be rewarded for assisting in the decentralized operation of the business system. ioeX is able to create a practical case of a decentralized business system with blockchain operation, forming another type of business promotion case.

ioeX APP

In order to enable users to more properly use ioeX blockchain functions such as blockchain browser, IOEX wallet, access personal cloud files and remote backup at any time, and exchange files with friends For communication, you can surf the Internet at home and use the network without any worries. ioeX officially provides the initial version of the terminal APP (ioeX APP). Various network service providers can use ioeX tools to develop more diverse applications by themselves, and can issue and promote them by themselves , and can also be integrated into the ioeX APP to operate jointly with the ioeX official and provide services to the general public. In addition to ioeX APP, ioeX Device (APP for smart devices), can also select and embed functions developed by developers through ioeX SDK independently, and provide them to the general public.

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