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Tag: IOTA Foundation

European Union Crypto Wallets: Compliance-Focused Soulbound Tokens – CryptoInfoNet

On behalf of a group of tech companies based in Europe, for example, IDnow, IOTA Foundation, and walt.id are developing a system to help...

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IOTA Price Prediction: MIOTA Shows Potential for Rally to $0.2

Join Our Telegram channel to stay up to date on breaking news coverage The IOTA price displayed strength on Thursday, trading above key support levels...

What is IOTA? $MIOTA – Asia Crypto Today

Imagine a symphony, where every instrument is uniquely independent yet perfectly coordinated, each contributing to an intricate, harmonious composition. This is how...

Top Bitcoin and Crypto Meetups for Seattle, Rated and Reviewed

The most complete list of every blockchain and cryptocurrency meetup in Seattle, with ratings! Our custom Bitcoin Market Journal Score is calculated by the...

IBM to Pause Hiring for Automatable Back-Office Roles as AI Takes Center Stage

IBM intends to suspend recruiting for “back-office” positions that can be automated by artificial intelligence (AI). In a recent interview with...

Recreating the JWST as an Art Piece

On Christmas Day, 2021 the James Webb Space Telescope launched into space. The JWST is the largest optical telescope in space to date and...

Berg Insight says global cellular IoT connections grew 22% to reach 2.1bn in 2021

Gothenburg, Sweden. 15 July 2022 – A new report from the IoT market research firm Berg Insight says that the global number of cellular...

GM’s Cruise Robotaxis Face Review Amid Rising Concerns

Anonymous letter was sent to officials from someone claiming to be a company employee The regulatory body responsible for issuing driverless car permits in California...

How behavioral tokenomics could facilitate the creation of a circular economy

Cointelegraph tech reporter Tom Farren visited Imperial College London to gain firsthand insight into its joint project with Iota and the potential use cases for DLT in the environmental space.

Imperial College London handed £1m research donation from IOTA

The IOTA Foundation has provided a £1m grant to Imperial College London to kick off the I3-Labs (Imperial-IOTA-infrastructure labs) at the Dyson School of Design Engineering.

Why IOTA Was Chosen By The European Union To Develop Blockchain Solutions

IOTA was selected as one of the projects that will take part in the European Union Blockchain Pre-Commercial Procurement. The platform will be competing with four projects in a second round for this EU program for a chance at improving the European Blockchain Services Infrastructure (EBSI). Related Reading | IOTA Smart Contracts Enter Beta Phase To Circumvent Network Flaws Announced by the IOTA Foundation (IF), the network has reached stage two out of three after it was selected from around 35 applicants. This second phase will last around six months, per the announcement, and will have a special focus on research, development, and lab testing. The IOTA Foundation will receive support from the European Commission in order to investigate and develop “blockchain innovations in the context of testing how future evolutions of EBSI could evolve towards a more scalable, energy-efficient, secure and interoperable architecture”. In that sense, the IOTA Foundation revealed that it will partner with Software AG to implement the developed solution. After, the EU Commission will launch an evaluation phase to test the results of its program’s second phase and the progress each participant has accomplished. The IF added the following: (…) based on this evaluation, a minimum of three projects will be selected to move on to Phase 2B, final solutions development and field testing, which is expected to last another year. Therefore, the non-profit organization will start testing blockchain solutions based on IOTA, specifically they will test a use case for digital product passports for digital waste recycling and a cross-border management of IP rights, the announcement said. Besides Software AG, the IF will rely on other partners and will attempt to growth its partner network. In the past, the organization has worked with major companies from around the world to help them develop multiple use cases. This includes software giant IBM, Dell Technologies, Jaguar Land Rover, and others. IOTA To Power EU Supported Blockchain Solutions? In its final stage, the EU program will require projects to field test the capabilities of their proposals. The IF claimed to be “excited” about its role on this European driven initiative and added: We very much support the strategic focus placed by the European Commission on blockchain and distributed ledger technology as a driver for innovation and growth. We are privileged to be part of this pre-commercial procurement procedure to develop a Europe-wide infrastructure based on blockchain and DLT for use in public services (…). IOTA will dedicate resources to develop solutions and use cases on Scalability, and the implementation of sharding on the EBSI infrastructure. The objective is to improve the protocol’s scale capabilities to onboard and support the users that will leverage the EBSI network. The IF will attempt to develop its sharding solution with a “root network” approach. In other words, a main network will be connected to a series of leaf or branch smaller networks. In addition, the organization will work on its consensus and governance mechanism, its interoperability, and potential to implement identity solutions. Related Reading | IOTA to Release Smart Contract Network ‘Assembly’ And Distribute ASMB Token At the time of writing, IOTA trades at $1,11 with a 1.9% loss in 24 hours.

Iota selected for Phase 2A of EU blockchain initiative

In the coming months, Iota plans to pilot product passports for digital waste recycling and the cross-border management of intellectual property rights for artists' creative work.

Stratis Joins ‘APPG Blockchain’ to Help Guide UK Blockchain Policy

Stratis has joined the UK’s All Party Parliamentary Group on Blockchain (APPG Blockchain) to contribute its knowledge and experience of deploying blockchain for...

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