IOTA collaborated with EVRYTHNG to launch tech on Distributed Ledger on IoT technology

by | Apr 22, 2019 | IoT Companies

The acclaimed Internet of Things platform, EVRYTHNG widely regarded for activating all the consumer products and in turn making it interactive, intelligent as well as trackable has reportedly combined its forces with IOTA. By the looks of it, IOTA is a non-profit foundation which has been developing distributed ledger tech, based on DLT platform.

The unification betwixt the two companies involves incorporating the core technologies of IOTA with the acclaimed Blockchain Integration Hub of EVRYTHNG. Once the process of integration is done, the technological platforms along with the consumer product brands will eventually find an easy way in rapidly testing, deploying and scaling of the Internet of Things applications, based on the announcement of the press release.

Deploying the Internet of Things applications on the new platform will deliver provenance, transparency and at the same time share data in real time between the partners of the supply chain.

The Chief Technical Officer and co-founder of EVRYTHNG, Dominique Guinard also made a comment on the initiative. He said the company is celebrating its first anniversary of the EVRYTHNG Blockchain Integration Hub. In a year the organisation didn’t only create the most robust integrations in the world such as Tierion, OriginTrail, Ethereum and Bitcoin along with a handful of real-world applications.

And this is one of the reasons as to why Guinard is exceptionally excited to announce the strategic partnership with IOTA which has a very different distributed ledger tech which is specially targeted towards the Internet of Things industry. EVRYTHNG wants to create new opportunities for consumer brands products.

The collaboration with IOTA gives the company an upper hand. And this allows Interoperability, scalability as well as the Maturity of the EVRYTHNG Platform. Guinard also said that they hand-picked IOTA curate new technologies.

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Neelam Dimri

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