IOTA is collaborating with RIDDLE & the Code on the Internet to realize the things
Home News IOTA cooperates with RIDDLE & Code to the Internet of things to realize
Marcus Misiak –
IOTA is a German crypto-currency wants to drive the Internet of things with the help of his Tangels. There are some in the industry are already heavy weights in the boat such as Bosch or VW, who are convinced of IOTA’s technology. The latest Partner is a known hardware and software manufacturers.
The versatile hardware set up manufacturer RIDDLE&CODE announced yesterday that IOTAs Distributed Ledger is used in its new product line for the Internet of things (IOT). Both companies want to demonstrate that through the Integration of IOTA’s Autonomous machine-to-Tangle-can be handled machine Transactions completely independent.
The of RIDDLE&CODE-provided Hardware creates a safe environment for Geschäftsprzesse, which allows only reliable data from trusted sources. Tom Fuerstner, founder and current CTO of RIDDLE&CODE, stated that through this cooperation, very complex application cases in various industries (freely translated):
Industrial and smart city environments in the real world require a trusted, scalable, and transparent environments from End-to-End to Store data. By connecting an IoT Sensor, or a machine safely with our crypto chips and Middleware to the IOTA Tangle, we deliver exactly that.
So far, industrial IOTA was able to use projects only distributed Ledger, to trust the data processing and storage. The new RIDDLE&CODE-crypto-chip devices will get a new identity, the power to pay tribute to him, a trusted data source. This is simple and effective, between confidential data to distinguish sources and external sources, so that only necessary information is allowed. This step is intended to give end-users the confidence to hire a car or an industrial robot to perform various tasks autonomously and independently, including the control of energy consumption, or ordering Parts “are delivered Just-in-Time”.
Holger Köther, Director for cooperation at the IOTA Foundation, that through this partnership, the functionality of possible devices connected to the IOTA Ecosystem, is considerably extended (freely translated):
Each device, such as a smart power meter that can be connected to the Ecosystem, to measure for example the energy consumption. The secure Element provides the identity used to Write the transactions in the IOTA-Tangle.