IOTA Partners With Dell And Linux To Rate Data Trustworthines

The major distributed ledger technology provider IOTA partners with the technology giants Dell Technologies and the Linux Foundation on the Project Alvarium – something that is seen as a new initiative to rate data trustworthiness.

In a press release shared on October 28, the nonprofit Linux Foundation announced that it was forming a new project with support from several major industry players such as Dell, the Iota Foundation and IBM. There are other partners in the project too, including the edge resource marketplace MobiledgeX and the global IT firm Unisys.

Based on code from Dell Technologies, the project aims to build on the concept of a Data Confidence Fabric, establishing measurable trust and confidence in data coming from different sources. The IOTA news also show that this system would score data based on its trustworthiness and reliability.

As IOTA partners with Dell and Linux, the CTO of Dell Jason Shepherd voiced his enthusiasm and said that scored data trustworthiness could help companies to meet different compliance requirements such as the European Union and its General Data Protection Regulation.

The latest blockchain news also show that more and more sensitive data gets stored on blockchains, motivating different organizations and industry players to verify the provenance and reliability of recorded data. As a reminder, in July this year the Japanese tech research firm Fujitsu Laboratories announced that it had developed a blockchain based system for evaluating user credentials, identity and trustworthiness in online transactions.

Their platform would consider user ratings and subsequently assign them with a trustworthiness score. As IOTA partners with Dell and Linux, they seem to have a direct competitor – evaluating the data to evaluate users’ relationships with one another.

At the end of September, IOTA formed a partnership with the Linux Foundation too, developing LF Edge which is an umbrella organization that aims to establish an open and interoperable framework for edge computing that is independent of any hardware, silicon, cloud or operating systems.

This month, we could see that IOTA partnered with the open-source platform Fiware to use its Tangle technology for smart solutions. The move will see Fiware deploying Tangle for the decentralized storage data on devices.