HashQuark invests in blockchain IoT project IoTeX; joins as Delegate

HashQuark, a staking services platform, today announced that it will join the IoTeX ecosystem as a Delegate — this is the first step towards a long-term collaborative partnership, working together to build the Internet of Trusted Things.

IoTeX is the auto-scalable and privacy-centric blockchain infrastructure for the Internet of Things (IoT), which brings autonomous device coordination to the masses by “connecting the physical world, block by block”.

“HashQuark’s strategic investment in IoTeX signals our long-term belief in the IoTeX team and vision — we are excited to open our network and node services to this promising project.” — Leo Li, HashQuark CEO

IoTeX will be welcomed as a portfolio company and preferred partner to the HashQuark network to drive growth and mutual benefits. HashQuark’s publicity network and engaged community will be introduced to IoTeX to further evolve the project.

“HashQuark’s global reach and experienced node services will help bring IoTeX to new heights. We are excited to have HashQuark as our strategic investor and join our Delegate program to secure and grow IoTeX network! ” — Raullen Chai, IoTeX CEO

As an IoTeX Delegate, HashQuark will collaborate with other global Delegates to provide the highest standard security and node service to maintain the IoTeX blockchain.

IoTeX

IoTeX began the journey in 2017 to build the Internet of Trusted Things, where all physical and virtual “things” — humans, machines, businesses, and dApps — can efficiently exchange information and value at a global scale. Backed by a global team of research scientists and top engineers, IoTeX combines blockchain, secure hardware, and edge computing to realize the full potential of IoT.