IOTA, the non-profit blockchain foundation based in Germany has partnered with InnoEnergy Scandinavia have made an announcement where they intent to jointly research the development of e-mobility and smart contracts in the energy sector in the future.
According to Wilfried Pimenta’s, head of Biz Dev at IOTA, the involvement of InnoEnergy in IOTA’s Data Marketplace initiative has led to the said partnership.
About InnoEnergy
InnoEnergy researches in the field of sustainable energy and supports startups and innovations throughout Europe. Together with one of the largest property owners from Sweden, ÖrebroBostäder (ÖBO), the company has launched a whole series of pilot projects including EVe.
About DXC Technology
DXC Technology (DXC: NYSE) is a top independent end-to-end IT services firm in the world. The IT based company has about 6,000 private and public-sector clients across 70 countries. Among best corporate citizens in the world, DXC Technology is a famous company.
IOTA-DXC Technology Collaboration
On 19 April 2018, DXC Technology’s official website that it will “present practical solutions using blockchain technology integral for secure digital transformation services” with IOTA, at Hannover-Messe-Industrie, a chief trade exhibition for industrial technology.
Martin Rainer, the manufacturing industry leader for DXC Technology in North and Central Europe, flagged the presentation as one that will make the world realize that digital security is real. He said,
“According to survey results of the DXC study on digital transformation in Germany, 67 percent of industrial managers in Germany expect smart factory networks to create new security risks that they cannot manage with their own expertise.”
“At the same time, preventing digital security risks ranks as top priority for three-quarters of companies. Yet, most companies don’t know how to professionally secure the new Industry 4.0 networks.”
Cofounder of IOTA, Dominik Schiener said that with blockchain, high level of security is assured.
“The blockchain brings important advantages to vital areas of digital transformation. These include the decentralized structure and also the high inherent level of security, plus protection against manipulation. Existing processes will be designed more efficiently and completely new business models will be developed.”
Also Read: “../iota-collaborates-with-taiwan-capital-taipei/” style=”color: #0c71c3;”>IOTA Foundation Partners Up With Taiwan To Explore Smart City Solutions
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