CPChain, which stands for Cyber Physical Chain, is developing a decentralized IoT infrastructure. Their goal is to build a blockchain-based data platform for IoT systems that will use distributed storage, encryption, and decentralized exchanges of value to better connect devices. CPChain will enable IoT-connected devices to connect with each other, and will serve as a decentralized marketplace for IoT related data. Their platform will have a parallel distributed architecture, a hybrid two-layer consensus mechanism, and a side chain consensus protocol. Their network is currently powered by the Ethereum-based CPC token.

IoTeX is developing a privacy-centric blockchain platform for the Internet of Things (IoT). Their decentralized network is designed to enable better cooperation and exchanges of data between devices, in a way that will be scalable and will protect the privacy concerns of users. The IoTeX network is currently powered by the Ethereum-based IOTX token.

The Xensor token is used to power the Xensor IoT network. It is designed to connect IoT devices and to facilitate the automation these interconnected devices. The Xensor token is Ethereum-based and is designed to enable a market for data for a variety of hardware.