Fujitsu Backs IOTA as ‘New Protocol Standard’ for Audit Trails, Markets React by zeroshiki

iota · @zeroshiki · Aug 27 '18

$0.03

Fujitsu Backs IOTA as ‘New Protocol Standard’ for Audit Trails, Markets React

https://images.cointelegraph.com/images/740_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS9zdG9yYWdlL3VwbG9hZHMvdmlldy9kZmZiNWU2YTk5YjI4ZGQxZDU3YWViOWM1NWI2MGEzOC5qcGc=.jpg

Japanese ICT conglomerate Fujitsu is launching an IOTA-based proof-of-concept (PoC) for audit trail processes in the manufacturing industry, according to an official notice released August 25.

The notice says the company will use the IOTA protocol as an “immutable data storage medium” for audit trails across “industrial production environments and supply chains,” with the aim to improve transparency, data trust, and data security.

Leopold Sternberg, Program Manager at Fujitsu’s Munich-based Industry 4.0 Competence Center, is quoted as saying that the new partnership will “help roll out IOTA as the new protocol standard,” saying that the tech giant is “well-equipped” to do so given its expertise in both the ICT services and manufacturing industries.

More info here: https://cointelegraph.com/news/fujitsu-backs-iota-as-new-protocol-standard-for-audit-trails-markets-react

👍 cryptoshack, bitatlas, zeroshiki, gurunayak

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