The IOTA Foundation partners with Riddle&Code to enable the industrial Internet of Things - CryptoMeNow
The IOTA Foundation and RIDDLE&CODE announced their agreement to create a fully trusted path from sensor to Distributed Ledger by integrating their respective technologies. Industrial IoT projects have so far only been able to use distributed ledgers to trust data processing and storage. This integration extends trust to the data source, so it becomes trusted. This end-to-end solution lays the foundation for automated machine-to-machine payments and solves the garbage in, garbage out problem by limiting data to sources with a certified identity. This partnership enables significant enhancements over existing technologies that can easily be copied or cloned such as QR codes used to acquire data from physical objects. This share was retrieved by us on January 08, 2019 3:29 PM. Share this content on social media: See cryptomenow.com for more similar content. Leave a Comment
IOTA Foundation Undergoes Internal Issues, Founders Can't Get Seats at Directors Board - Toshi Times
IOTA Foundations primary purpose is to build an open source distributed ledger that helps power a machine economy through micro-transactions which are fee-less. However every large organization faces disagreements, and this time in IOTA's case it has become public through a leak. IOTA Foundation released a public statement on August 8th with regards to being transparent on this leak. Serguei Popov and Sergey Ivancheglo, the founders of IOTA, had decided not to join the official Board of Directors however in March they were to participate by the current board. However, due to a statute which defined the modus operandi of collaboration changes cannot be done. Thus a Memorandum of Understanding and nominations will change the way IOTA operates. This publication was obtained by us on January 06, 2019 6:16 PM. Share this content on social media: You may want to visit toshitimes.com for more from this source. Leave a Comment
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