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IOTA becomes the new protocol standard of industrial giant Fujitsu

IOTA becomes the new protocol standard of industrial giant Fujitsu

Update: 28.8.2018 from Fujitsu to Kryptovergleich.org: “Fujitsu is working on many distributed ledger technologies – including IOTA. Therefore, Fujitsu has the skills to implement IOTA when customers want it. However, this does not imply that IOTA is the only technology for such projects, “said Michael Erhard, Head of Communications, Fujitsu Central Europe.

Japanese technology group Fujitsu has decided to introduce IOTA as a new protocol. The IOTA Foundation tweeted an opinion from Leopold Sternberg, Fujitsu's Program Manager:

“Fujitsu is well-positioned to help launch IOTA as a new protocol because we are both experts with regard to IT services as well as the production of IT products. “

The initiative is titled” Industry 4.0 Co-create with Fujitsu “. Leopold Sternberg explained that the main goal of the project is the joint creation. He said:

“We want to develop and create innovative technology with our customers.”

Fujitsu had already published a proof of concept for IOTA engagement. It shows that IOTA is considered suitable for integration into the Fujitsu production environment and supply chain management. It says:

“Product quality is a key success factor for the manufacturing industry. Assembled products can consist of hundreds of components and their manufacture is based on complex processes. For audit trails in industrial production environments and supply chains, IOTA provides one source of proof from a single source. “

IOTA becomes a core component for Fujitsu Concept

With this concept, Fujitsu is pursuing two main objectives. On the one hand, we want to show the possibility of using IOTA for data storage in a production environment. On the other hand, Fujitsu wants to become more involved in the automotive industry and bring in IOTA-based innovations through its own co-creation approach.

According to Fujitsu, the project offers three key benefits. These are transparency, trust in the data and data security. IOTA will take on the role of a “cryptographically secured and unified data source”, as the concept implies.

In addition to the encouraging news from Fujitsu, IOTA has also launched the beta test phase of its long awaited Wallet “Trinity “Announced. This message was received with enthusiasm by the IOTA community. At the same time, the program code base of the Wallet (mobile and desktop version) has now been released as open-source software.

In addition, IOTA has made another announcement. So they want to work together with leading pioneers and stakeholders from the fields of Distributed Ledger Technology (DLT) and the Internet of Things. IOTA wants to contribute to the creation of a framework. It aims to serve the interests of the public by being principled, effective and innovation-friendly.

In addition, IOTA recently hosted the “Voice of Blockchain” event, which was held in Chicago. The topics of the event were “Connected Vehicles”, “Autonomous Vehicles”, “E-Mobility”, “Urban Mobility incl. Smart Cities” and “Mobility Services”.

At the time of going to press, IOTA defied the downward trend and had big ones Growth of almost 20%. A MIOTA had a value of about 0.61 USD. The total market capitalization of IOTA was $ 1.7 billion. This puts IOTA in tenth place on the list of the largest cryptocurrencies by market capitalization.

IOTA becomes the new protocol standard of industrial giant Fujitsu

Sources: Twitter, IOTA News, Pixabay

Author: Peter Joost – Source Post: https://www.kryptovergleich.org/iota-wird-the-new-protocol-standard-the-industrial-giant-fujitsu/

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