IOEX Introduction IOEX is based on the distribution of smart device that creates a distributed network which can improve data security and convey commercial value. The many smart devices from a decentralized distributed network through direct point-to-point connections so that smart devices can transfer files and data without going through storage and transmission centers. Direct point-to-point connection in the IOEX distributed network can help smart device manufacturers save up to 70% of costs related to OTA update and storage in addition to file backups, integrated storage space, directed file authorizations, and binding applications with smart contracts.