The latest IOTA news this Sunday bring a revolutionary update in which IOTA presents the e-shelter concept for Digital Asset Management. For some time now, the IOTA foundation (company behind MIOTA) has been concentrating on real-world applications so as to pursue the primary goal of mass-adoption.
All of the use-cases associated with IOTA are nowadays astronomical. However, the development must also take place on time so that the Tangle can stay continuously upgraded in the midst of a rapidly-evolving human race, the company said.
The news were confirmed on Twitter too, where the @NewMobilityLab account showed a visual on how the IOTA team led by Matteo Dariol built the amazing showcase leveraging the Bosch XDK and the famous Tangle.
This Drill Press Demo was launched on October 15 during the @BoschRexroth event "Welcome to the Factory of the Future" at the @connectory . Fellow @iotatoken enthusiast @MatteoDariol and his team built this amazing showcase leveraging the Bosch XDK and the tangle. #iota pic.twitter.com/YwKGCqOFH3
— New Mobility Lab (@newmobilitylab) October 18, 2019
Now that IOTA presents e-shelter, the company is again in the focus. However, if you have been following our blockchain news, you probably know that IOTA focused on a magnitude of other projects, too.
The other examples include the automobile industry where IOTA focuses on self-driving options as the main trigger for a change in the way cars are driving. As IOTA confirmed many times, by 2025 all cars will be interconnected. Aside from this, IOTA is known for its eHealth initiative, smart energy trials (building efficient cities and buildings) as well as the industrial use of Internet-of-Things and manu other projects.
Congratulations to @os_peer for winning the 3rd place of #FarmHack with #ePecus powered by #IOTA, a platform to record and document farming conditions for auditors & create more transparency and better conditions for farm animals.@innovate_os https://t.co/vzUTGhznAo
— IOTA (@iotatoken) October 18, 2019
The open source Tangle technology, as IOTA presents, along with the Masked Authentication Messaging (MAM) protocol will also support IBCS Group with a solution that will track and trace assets in the supply chain – named IBCSTracker.
“Managing assets in the supply chain is an area where we believe the IOTA Tangle will demonstrate a clear and immediate impact,” said Jens Munch Lund-Nielsen, who is the Head of Global Trade and Supply Chains of the IOTA Foundation.
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He continued, stating:
“These assets are imperative for maintaining the integrity of the entire supply chain ecosystem, yet so far there hasn’t been an intuitive system that allows companies to easily track and trace their location. We are hopeful that this partnership will help IBCS Group customers to improve the core processes involved with shipment planning and delivery, while simultaneously working to assert the real-world applications of DLT.”
IOTA’s partnerships are on the rise and we may expect a lot of big things coming from the IOTA Foundation in the future.
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