IoTeX is a decentralized, EVM-compatible Blockchain that built separately from Ethereum forks.
The platform aims to bring Blockchain technology into the IoT space which allows users to control smart devices via Dapps and such applications.
This network operates on a Roll-DPoS concensus mechanism at the rate of 5-second blocks and instant finality, which is pretty fast in comparison to some other networks.
Within the network, both humans and devices will be able to send payments, access smart contracts, or even charge for services.
Learn more in our article
What is IoTeX