IOTA Announced a New Partnership to Open a Laboratory for DLT Research

Spread the love

IOTA announced a new partnership with Pantos and TU Wien focused on DLT research. They will collaborate to launch a research laboratory named after Christian Doppler. IOTA Foundation will participate in the parts regarding the intersection of IoT and DLT technologies.

The new partnership will help IOTA improve its presence in institutional activities. According to the announcement post from IOTA Foundation:

“We are proud to announce that the IOTA Foundation is joining the new Christian Doppler Laboratory Blockchain Technologies for the Internet of Things (CDL-BOT), as an industrial partner. A research group housed at the Institute for Information Systems Engineering at TU Wien will provide cutting-edge research on DLT interoperability, the intersection of DLT with the Internet of Things and developer support offerings.”

The new research initiative focuses on multiple aspects of technology. IOTA believes their partnership in the research project will expand the research areas on IOTA Tangle and help the European ecosystem of DLT grow faster.

The team of researchers in the CDL-BOT project are postdoctoral and doctoral students. Prof. Stefan Shulte is the leader of this group. He said about the new laboratory:

“With the rising number of potential application areas for DLT-based payments and data exchange in the Internet of Things, new DLTs have to be integrated, and interoperability between different DLTs becomes necessary. I am looking forward to doing joint research with the IOTA Foundation and Pantos in order to find novel solutions to this highly topical topic.”

The new DLT research is named after Christian Doppler. He was a renowned scientist and the leader of collaboration activities between the scientific and private sectors.

Pantos is the other blockchain community that participates in the new DLT laboratory. They will use the results of research initiatives next to IOTA. Pantos is a subsidiary of Panda. Panda execs believe the new partnership will help the blockchains improve their research activities.

IOTA Foundation thinks the partnership will help them significantly in the development and improvement processes of Tangle. Dominik Schiener, Co-founder of IOTA Foundation, said: 

“We are honored to be part of this long-term research project and are grateful to the Christian Doppler Gesellschaft and the Austrian Federal Ministry of Digital and Economic Affairs for acknowledging and supporting the enormous potential of Blockchain and Distributed Ledger Technology towards building a more transparent, trusted and connected economy. Together with the world-leading academic institution TU Wien and Pantos as a cutting-edge technology provider, we will jointly focus on the interoperable transfer of digital assets and trusted Internet of Things while expanding our footprint in Austria specifically.”

 264 Interactions,  2 today

READ ALSO:
Tron, Tezos, Synthetix Price Movement Analysis for 12th April, 2021

Tron was supposed to fall from its ascending channel, but only after it reached $0.139. Tezos could break down from Read more

Cardano Price Movement Analysis for 12th April, 2021

Since the beginning of the year, the price of Cardano has increased by 678 percent. The digital asset started the Read more

Binance Coin, Hedera Hashgraph, IOTA Price Movement Analysis for 12th April, 2021

Binance Coin saw a significant price increase and established a new ATH of $639. Hedera Hashgraph was supposed to break Read more

Chainlink Price Movement Analysis for 12th April, 2021

Chainlink's high market capitalisation, combined with its recent success, has persuaded many investors that it is a stable crypto asset Read more

Bitcoin Cash, EOS, Enjin Coin Price Movement Analysis for 12th April, 2021

To escape a collapse from its 20-SMA, Bitcoin Cash required to protect $668.5 help. EOS remained above the $6.45 support Read more

Bitcoin SV, Compound, Ethereum Price Movement Analysis for 12th April, 2021

Bitcoin SV may break lower from its ascending channel in the coming days, while Compound may fall as low as Read more

What you need to know about Bitcoin in relation to real estate

Over the past few years, the rise of Bitcoin and the blockchain industry as asset groups has attracted a great Read more

Chiliz, Dogecoin, Litecoin Price Movement Analysis for 12th April, 2021

Chiliz started to fall down the rankings. Many big altcoin funding prices were very high, implying that a shakeout to Read more

Uniswap, BitTorrent Token, Elrond Price Movement Analysis for 12th April, 2021

Uniswap was consolidating over the $30 level, and BitTorrent Token seemed to be in an accumulation process as well. Elrond Read more

Leave a Reply

Contact Us