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IOTA Foundation is preparing for IOT competition

The IOTA Foundation is participating in the Smart-Buildings-competition for Blockchain and IOT projects. The announcement of the Industrial Internet consortium.

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IOTA Foundation is preparing for IOT competition

The IOTA Foundation is participating in the Smart-Buildings-competition for Blockchain and IOT projects. The announcement of the Industrial Internet consortium. In this case, the IOT company to compete against Dell, Wibro, and 23 other competitors.

By Phillip Horch
9. October 2019BTC$8.368,24 -2.04%part Facebook Twitter LinkedIn xing mail

the Internet of things is regarded as a promising field. The IOTA Foundation wants to conquer with the Tangle of technology in this market, a market in which machines with machines communicate and refrigerators, the food in the supermarket even order. Meanwhile, the often-composed music of the future, regulates the heater itself, and the light knows when to turn on – "Smart Homes" is an important word here.

Because of the "intelligent living room" is designed to regulate itself, and to make life for its residents more enjoyable. Including a network of machines, the Internet of things (IOT). IOTA and the Tangle is to provide the basic technology.

in Order to tap this market and solve solutions for existing Smart-Home questions, call the Industrial Internet Consortium, is a competition. In it 26 competitors compete in total to solve the tasks of the investors and developers of Smart Buildings. The competitors are:

AASAaedifionCloud StudioCubelizerDell TechnologiesG2K GroupgridXHanshengIOTA Foundation limitless InsightMetrikusMoecoObyte FoundationOriient New Mediaqlair / Mann + Hummel rapid LabSimplifaSlantSmart Engine & WTECSmartPlantsThing TechnologiesTridiumUmanjinVisualixwiproyptokey

the aim of the competition is to design within a set time period pilot projects. A Jury then selects the winner. This will get the Chance to test a Proof-of-Concept in a shopping centre. Supports the Whole of Deka Immobilien, ECE and TÜV SÜD.

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The competitors take part in a Workshop and Hackathon from Bosch on 19. November in Munich.

More about IOTA

The IOTA Foundation recently announced their Industry Marketplace. This is meant to connect people and machines to each other and the first Autonomous and decentralized virtual marketplace create. The platform should be industry-neutral, and trade in, Goods and services to automate. The Foundation relies on the Tangle technology, an acyclic graph. In order to make this "maze" of data is searchable, the company is currently working on the search feature "Chronicle". The planned "Coordicide" to provide a decentralized network.

More:

Deutsche Telekom is testing Blockchain-System with E-scooters IOTA Industry Marketplace that connects man and machine IOTA: "Chronicle" to make the Tangle searchable#IOT#IOTA#competition
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