IOTA Newsletter #15 — Chronicle Permanode Solution, Industry Marketplace & Linux Collaboration
Introducing Chronicle — A Permanode Solution
Chronicle is the IOTA Foundation’s official permanode solution. It makes it easy for node owners to store all IOTA transactions in a fast, secure, scalable, and distributed database.
Recent News
IOTA Foundation launches Industry Marketplace, the World’s First Autonomous and Decentralized Marketplace
The Industry Marketplace will serve as a vendor and industry-neutral platform, automating the trade of physical and digital goods and services. Learn more in the video below. Read more…
Towards Open Collaboration: The Linux Foundation and IOTA Foundation join forces through LF Edge
IOTA Foundation joins Linux Foundation to help complete stack of technologies to advance development of a truly interoperable solution set for IoT, Edge and Cloud integration. Read more…
Co-Creating Impact: The IOTA Foundation joins forces with EIT Climate KIC
The IOTA Foundation officially joins forces with the European Institute for Technology (EIT) and EIT Climate KIC, the leading bodies of the European Union, to connect and scale sustainable solutions across the continent. Read more…
One Step Closer to Coordicide: IOTA Releases Fast Probabilistic Consensus Simulator
Releasing the FPC simulator to the public allows us to include the community, open up the technology and encourage to get it tested in the wild. Read more…
IOTA and Zühlke Partner up to Accelerate Machine-as-a-Service Solutions
Purchasing manufacturing machinery and other industrial equipment usually take a heavy toll on the company bankroll. By offering the costly equipment on an automated pay-per-use basis, this headache will soon be alleviated. Read more…
Dev status update — September, 2019
The montly development update with the newest developments on Bee, Qubic, IRI and Trinity. Read more…
EDAG and d-fine develop a Smart Parking Ecosystem, powered by IOTA
Automatic, continuous payments, settled machine-to-machine, will enable a smart parking ecosystem. Read more…
How to get Started With the IOTA Industry Marketplace: A Step-by-Step Guide
This blog post is for anyone who wants to contribute to the Industry Marketplace by setting up an instance of a Service Requester or a Service Provider. Read more…
In Case You Missed It…
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IOTA Newsletter #15 — Chronicle Permanode Solution, Industry Markerplace & Linux Collaboration was originally published in IOTA on Medium, where people are continuing the conversation by highlighting and responding to this story.
Virginie Pera is joining IOTA as HR Administrator of the Human Resources team. In this role, she will be responsible for the administrative staff of the IOTA Foundation.
Virginie Pera was born and grew up in Berlin. She started her professional career as an administrator of social insurance with the focus of the German statutory health insurance. After her apprenticeship, she fulfilled her dream of flying and started as a flight attendant at Air Berlin for six years. Following that formative and exciting time, she went back to the commercial field as a Human Resources Administrator and Human Resources Assistant.
On joining IOTA
I am very interested in the search for alternatives in global currencies and finding new solutions for analyzing data, to innovate and speed up the technology progress, which benefits all. Because of that, I am interested in getting more familiar with all of these themes and the people who stand behind IOTA.
I feel honored to be a part of that team and I am looking forward to our collaboration.
We are very happy officially announcing Virginie Pera joining the Human Resources team of the IOTA foundation. Her experience in German insurances, tax, and labor law is the perfect skill set. Give her a warm welcome!
Welcome Virginie Pera to the IOTA Foundation was originally published in IOTA on Medium, where people are continuing the conversation by highlighting and responding to this story.
How to get Started With the IOTA Industry Marketplace: A Step-by-Step Guide
We recently launched the Industry Marketplace: a vendor and industry-neutral platform developed by IOTA and world-leading innovators. This blog post is for anyone who wants to contribute to the Industry Marketplace by setting up an instance of a Service Requester or a Service Provider. In the following section, I will quickly wrap up the main purpose of the Industry Marketplace and its key elements. Then I will go into detail on how to install, run, and configure the essential MarketManager component.
Don’t forget to keep track of the blog posts that will be released in the upcoming weeks. A cooperation engagement process will be posted soon in a separate blog post.
The Industry Marketplace
The Industry Marketplace establishes a vendor-neutral marketplace for Industry 4.0 (I4.0) components to buy and sell goods, data and services. Unlike conventional virtual marketplaces, the Industry Marketplace, powered by IOTA, is an autonomous and decentralized platform for offering and searching for data and services, which is open to everyone free of charge.
A participant in the Industry Marketplace can take one of two roles: the role of Service Requester or Service Provider. The Service Requester searches for some data or services, e.g. charging, transporting, drilling etc., offered by a Service Provider. The Service Requester chooses a Service Provider and processes a payment in IOTA tokens, once the service is successfully fulfilled.
Industry 4.0 language and eCl@ss
In order to realize the potential behind the Industry Marketplace, it is crucial that all participating actors communicate in a precise and distinct language. Humans might understand the essentials of a message without speaking the same language due to their imagination and intelligence. However, machines are required to communicate in the same language in order to understand each other.
Accordingly, a request sent out by a Service Requester has to be interpreted the same way from all participants within the Industry Marketplace. To achieve this, all messages exchanged on the platform follow the specifications of the Industry 4.0 language.
Based on this, the Service Requester sends out its request as a Call For Proposal in which they specify their requested service. Service Providers can then generate Proposals in response. Both the Call For Proposal and the proposal itself contain a technical and commercial description of the service. This can include, for example, the price, time, quality and place for the provision of a service. To make sure that all participants have the same understanding of the services, eCl@ss properties are part of the transaction data.
Further messages and their sequence of exchange are pictured below.
Feel free to find more information about the Industry 4.0 language (English) and eCl@ss on their websites and dedicated papers.
The MarketManager
To create Industry 4.0 language messages and perform the logical mapping between Service Requesters and Service Providers, a MarketManager component is provided as a core part of the Industry Marketplace. The MarketManager plays the role of the middleman between the user and the IOTA Tangle, IOTA’s underlying data structure, and has the following tasks:
Translation of the I4.0 language messages from the SR and SP into IOTA transactions sent to a node.
Translation of received IOTA transactions into I4.0 language messages and filtering those relevant for the connected SR and SP.
Authentication of interacting parties by creating and verifying proof of decentralized authentication and identification (DID) ownership
The MarketManager component provided within the source code comes with a user interface, which forwards user input to the MarketManager Back-end.
It is also possible to use the MarketManager without a user interface by sending API Requests as described within our Technical Documentation.
However, within this article, the focus is set on the implementation of the MarketManager with the user interface.
How To Get Started
Let’s get started with the implementation of your own MarketManager instance. Before, make sure you have installed the following prerequisites:
Git
Yarn
Node.js (v. >10)
We support Node.js version 10 and above, please update if your Node.js version is older. To check your Node.js version by running “node -v” in your console or terminal.
If all prerequisites are installed, you can follow the step-by-step instructions below.
Go ahead and clone or download the Industry Marketplace repository from GitHub
3. Install all required packages, build and launch the application with the yarn dev command (This might require opening a new terminal window when working with Windows operating system).
$ yarn dev
This will start the Back-end MarketManager on http://localhost:4000 as well as the User Interface on http://localhost:3000.
If the User Interface does not open automatically, you can open it by entering http://localhost:3000 into your browser.
Configuration
To configure your installed instance of MarketManager, please click on the gearwheel in the left-bottom corner of the user interface. A configuration dialog will open up.
Here you can specify your user with the entity name, location (as address or GPS coordinates), select one of the available types (Requester or Provider). You can also fund an existing internal wallet using the free Devnet IOTA Tokens by activating the box. The funding process of your wallet might take a couple of minutes, please do not interrupt this process.
Digital Identity
Once the configuration dialog is submitted for the first time, the MarketManager automatically generates a Digital ID for its instance. This is done by initializing a MAM-Channel and taking its root as a DID.
Within the same step, a RSA Keypair consisting of a private and public key is created for encryption purposes. The public key of an entity can be used by others to encrypt sensitive data, that should only be accessible only by the entity. This is enabled via asynchronous encryption, where messages that are encrypted with a public key can only be decrypted with the matching private key.
Furthermore, a random address for communication is generated. This random address will be used later on to receive verifiable credentials from the IOTA Foundation to prove that the MarketManager is a Trusted Identity.
DID, keypair and the random address are combined into a DID Document and published to the MAM-Channel. In addition DID, private key and seed of the MAM are stored in the local DB of the MarketManager.
Be a Service Requester
If you are running your MarketManager instance as a Service Requester and funded your wallet as described above, you are now ready to create your first Call For Proposal by clicking the Create Request button. A window will pop up where you can specify the operation and its attributes that you want to request.
If you do not want to enter real values into the required input fields, you can use a built-in randomizer to generate valid values for each field. The generated values can be adjusted according to your preferences. Press on the crossed arrows on the top of the dialog to generate random values.
As soon as you submit your request, the Back-end MarketManager will translate your input into a I4.0 language message and send it to a node. Your Call For Proposal will show up in the Awaiting Proposal section and will remain there until a Service Provider of the Industry Marketplace will respond with a Proposal message.
Your Call For Proposal will disappear as soon as a Proposal arrived.
As you can see below, we received a proposal from user ServiceProvider to fulfill our request for 2 IOTA tokens. Here you can either accept or reject the proposal.
Expired Requests can not be accepted anymore.
If you accept the proposal, the card will move to the “Awaiting fulfillment” category and will remain there until the Service Provider sends an inform confirm message, that the operation was successfully fulfilled. Afterward, the card will move to the “Awaiting payment” section, where you can process the payment.
The payment will be added to your payment queue, which collects all payments in time frame of five minutes and executes them as one. More information about the payment queue can be found within our Technical Documentation
After your payment was successfully added to the payment queue, the card will move to the “Completed” section.
Be a Service Provider
If you configured your instance as a Service Provider, you are waiting for incoming Call For Proposals in the first step.
After receiving a Call For Proposal, it can be accepted by entering a price for the service. The price needs to be entered in IOTA tokens. Until the price is entered, the button to send out a proposal remains disabled. Expired requests can not be accepted.
In case the proposal was accepted, the card will appear in the “Awaiting Fulfilment” category.
At this point, you are hypothetically executing the service and sending an Inform Confirm message as soon as the task is done. If the task cannot be executed unexpectedly, the request can still be rejected by hitting the “Reject Request” button.
As soon as the Service Requester processes the payment, the card will move from “Awaiting payment” to “Completed” and your balance will increase within the next couple of minutes.
Trusted Identities
Service provider and Service requester have the opportunity to enable a filter for Trusted Requests in the upper right corner.
If the filter is enabled, only messages from Requesters and/or Providers labeled as trusted are forwarded to the user interface. However, to be able to receive proposals from trusted Requesters and/or Providers, your MarketManager has to become a Trusted Identity itself.
Become a Trusted Identity
To become labelled as a Trusted Identity, the MarketManager needs to receive a Verifiable Credential from the IOTA Foundation. This can be done by emailing the DID of the MarketManager instance (Requester or Provider) to industry@iota.org.
The DID can be retrieved by sending a GET API-Request to the endpoint. Open your browser with http://localhost:4000/user, and copy the “did:IOTA:” with the following ID into the email with your company name and keep the MarketManager online at least until a confirmation email has been sent. This will take up to 24 hours and is usually done from Monday to Friday.
We will then verify your identity and send Verifiable Credentials to your MarketManager instance via the randomly generated address created during configuration. This process will be improved in the next set of updates. It will later be possible to whitelist your own DID’s directly. Any party that trusts the organization will then trust every DID white-labeled by that organization.
Verifiable Credentials
Verifiable Credentials offer a medium to prove which other actors have identified an actor as trusted. All DIDs of the participants of the Industry Marketplace have received a Verifiable Credential stating they are a trusted actor from the IOTA Foundation’s DID.
Audit Log / Transaction History
Service Provider and Service Requester both have to opportunity to take a look at the transaction history by clicking on the request card header. The data visible on the new page is retrieved directly from the encrypted MAM channel on the Tangle, and can only be accessed by Service Requester and Service Provider entities participating in the transaction. The data can be used as an audit log.
Sensor Data
If the requested service is for providing data from a device or sensor, the data can be accessed on the same page where the transaction log is available.
Click on the request card header, wait until data is fetched from the encrypted MAM channel using credentials provided by the Service Provider. The data is displayed as cards in chronological order.
This information can also be retrieved using a script and therefore can be exported into another application. Please note that the data is only available after the request was marked as fulfilled.
Service Provider can determine how long the data will remain available.
External Links
All blue-colored captions on the upper part of the request card are clickable links.
The link redirects to the respective parameter description in the eCl@ss catalog.
Another type of external link redirects to a Google Maps service with the location specified by GPS coordinates.
Further Configurations
The messages received by the User Interface are filtered out by the MarketManager in the Back-end. The filters can be configured using the config.json file from the ServiceApp/server/src folder.
Filter by Operation Type. This filter applies for both Service Requester (SR) and Service Provider (SP) roles. An entity can specify a list of supported operations under the attribute operations: […] within the configuration script (config.json) of the Market Manager. The operation identifier is added to the transaction tag for faster filtering. Only messages related to operations from the list are allowed to pass through.
Configuration parameter operations from the config.json file
Filter by Entity Role and Message Type. We differentiate between Service Requester (SR) and Service Provider (SP) roles. Each role has a specific set of messages that it can accept. For SR the valid messages are proposal and informConfirm. For SP the valid messages are callForProposal,acceptProposal, rejectProposal, and informPayment. For the YellowPages Application accepted messages are callForProposal, proposal, and acceptProposal.
Filter by Location. This filter only applies for Service Provider. If the entity has defined its location and maximum range within requests should be accepted, the filter calculates distance between SR and SP. This distance is then compared with the maximum range value defined in the configuration script. Only requests from Service Requester located within this range are allowed to pass through.
Configuration parameter maxDistance from the config.json file, along with its own location, configured via API or MarketManager UI configuration dialog.
Filter by Recipient (user DID). This last filter applies for message types different from callForProposal, which is sent to every Service Provider. All other messages already specify the receiver ID field, which is retrieved and compared to the internal DID of the entity. Only in case of a match the message is allowed to pass through.
If you still have questions about how to get started, please join us at Discord and engage directly with us in the dedicated channel for the Industry Marketplace.
Visit the Industry Marketplace and participate now: industry.iota.org
How to get started with the IOTA Industry Marketplace: A Step-by-Step Guide was originally published in IOTA on Medium, where people are continuing the conversation by highlighting and responding to this story.
In the first blog post of the series “A week in the life of an IOTA Research Intern,” I told you how I got involved with the IOTA Foundation and described my first week working with the IOTA team. In this second edition, I will give a quick update on what I have been doing day-to-day, and then talk a little bit about my chosen topic: the design of a Decentralised Random Number Generator (dRNG).
A lot has happened since I wrote the last edition of this blog post series. I have continued to attend scheduled weekly meetings with other researchers and we shared a lot of new ideas. Key team members for each research stream meet in person each month, and I was able to dial in and listen to the relevant discussions at the most recent meetup. At this meetup, engineers who normally would not have been directly involved with dRNG development were able to share ideas and insights which have inspired new directions of inquiry for our research team.
However, the majority of my time, in the last week, has been spent working independently, reading literature and forming a picture of the state of the art in dRNGs. I began reading papers outlining the high-level protocols and worked my way down to the cryptographic primitives required for each approach. I’m not a cryptographer so the learning curve has been steep, but it has been great to have access to the many experts in the organization to provide me with guidance.
Let me explain to you about the technical concept: the reason random numbers are often needed in distributed protocols is quite intuitive — if there is an unpredictable, random element to how the protocol executes, it’s more difficult for an attacker to influence it. In this way, the dRNG can be used to improve the security of modules such as the voting mechanism in the post-Coordicide Tangle. Randomized consensus algorithms have been around since the ’80s, mainly taking the form of coin tossing protocols. Since then, similar ideas involving shared random numbers have been employed in many distributed systems e.g. trustworthy shared random numbers are essential for leader election in many Proof-of-Stake blockchains and other distributed ledgers that require voting and randomized committee selection.
In the coming weeks, I will be putting together a technical specification for the IOTA dRNG and a document detailing my recommendations for how this can be implemented. I believe that the dRNG will be an essential layer of the post-Coordicide IOTA network -I may be slightly biased because I have had my head buried in dRNG papers for the past few weeks. I am delighted to have been given a chance to contribute to its development and I look forward to sharing the next episodes of my life as an intern at the IOTA Foundation.
Please, join us on Discord if you wish to engage directly with me and the team.
Follow us on Twitter to get all the latest news about the IOTA Foundation.
A week in the life of an IOTA Research Intern II was originally published in IOTA on Medium, where people are continuing the conversation by highlighting and responding to this story.
Purchasing manufacturing machinery and other industrial equipment usually take a heavy toll on the company bankroll. By offering the costly equipment on an automated pay-per-use basis, this headache will soon be alleviated.
As IOTA continues to expand its capabilities with partners, we want to create a flexible solution for organizations to engage in the machine economy. By Partnering with Zühlke, we can explore new models for manufacturing, machine to machine communication, and real-time payments using IOTA.
That is the goal of the newly established partnership between the non-profit IOTA Foundation and Zühlke, a service provider for innovation projects across Europe, combining both business and technology expertise.
“Our collaboration aims to integrate IOTA Foundation’s distributed ledger technology platform, the Tangle, into Zühlke projects which will deliver innovation for manufacturing and machinery components,” said Jens von der Brelie, Director of the Solution Center Industrial and Consumer Solutions at Zühlke, responsible for machine-building industry initiatives. “This enables advances such as the creation of micro-payments functionality, opening the door to new models of machine usage and commercialization.”
The IOTA protocol’s feeless nature allows for constant and consistent transactions of both data and value between machines without costs escalating.
Microtransactions for large-scale industry
This is necessary for any large-scale industrial environment where machines must communicate, but also as a service model where all machinery usage immediately gets logged onto the Tangle, the underlying data structure of IOTA’s distributed ledger technology.
Specific machine-as-a-service models can be set to transact per meter, per minute, or other criteria on which the manufacturer and customer decide on for the occasion. Every step of this process will be recorded on the distributed ledger in an encrypted and tamper-proof manner.
“For the heavy equipment sector, this innovation will deliver a new revenue channel by allowing them to ‘rent’ their equipment to enterprises on the pay-per-use model when not in use,” said Dominik Schiener, co-founder and co-chair of the IOTA Foundation. “For enterprises, this pay-per-use innovation will allow them cost and time-effective access to critical heavy machinery.”
From Hamburg and Stuttgart to Hong Kong and Singapore
The partnership initially focuses on the German manufacturing market where IOTA Foundation is based and Zühlke has more offices than in any other country. Manufacturing is the biggest industry in Germany and is also the world’s third-largest exporter of manufactured goods.
Zühlke has also been expanding into the innovative Asian market in recent years and is eyeing opportunities there and in the UK to create projects with IOTA within manufacturing, and also in the fields of the supply chain, financial services, insurance, and health care.
Zühlke has been at the forefront of innovation since being founded in Switzerland in 1968 and has supported more than 10,000 projects by leveraging on cutting- edge technologies and bringing them to market with top-shelf strategic business advice. The company is now located in Austria, Bulgaria, Germany, Hong Kong, Serbia, Switzerland, Singapore and the United Kingdom.
The many modern and ingenious companies, projects and start-ups that Zühlke provides its services to will, in the future, be able to also integrate IOTA’s technology as part of their solution.
“Zühlke has helped over 10,000 projects become reality with our focus on making smart ideas happen through project success,” said Jens von der Brelie. “With partners like the IOTA Foundation, we want to eliminate barriers for the establishment of machine-as-a-service models in which we see high potential for our clients.”
More news on this promising partnership will be published soon. Until then more information can be found on www.zuehlke.com and through IOTA’s Twitter account.
IOTA and Zühlke Partner up to Accelerate Machine-as-a-Service Solutions was originally published in IOTA on Medium, where people are continuing the conversation by highlighting and responding to this story.
The loss of ecosystems and climate change threaten human well-being and biodiversity alike. Grassroots movements, as well as international institutions, call for urgent systemic change. As a non-profit foundation focused on the positive social impact our technology can have, the IOTA Foundation wants to support the sustainable transformation of our society. But what does systemic change mean and how can IOTA contribute to it on a global scale?
First of all, we need strong partners: the IOTA Foundation officially joined forces with the European Institute for Technology (EIT) and EIT Climate KIC, the leading bodies of the European Union to connect and scale sustainable solutions across the continent. Furthermore, systemic change requires more than simply changing the rules of our society.
The sustainable transformation has to consider human behaviour as well as the deep code underlying our cultural practices and institutions. This transformation requires us to re-think existing avenues to international development by employing experiments and trusted data to design evidence-based solutions. Lastly, we need a bottom-up approach to leveraging crowd intelligence and empowering individuals.
This is a pretty complex challenge, so IOTA is delighted to announce the participation in EIT Climate KIC´s Deep Demonstration on Long Termism alongside an interdisciplinary group of exciting organizations such as the Technical University of Zurich (ETH), Darkmatter Labs, Luvent Consulting, and the Finland Futures Research Center at the University of Turku among others.
Together with the dedicated IOTA community, the Deep Demonstration will unite the diverse skill sets necessary to make this vision a reality. Riyong Kim, Director of Decision Metrics and Finance at EIT Climate KIC remarks: “Attempting to transform action and mindsets to more longer-term thinking will critically need the opportunities and possibilities that deep tech can provide, including the capabilities which IOTA can bring. We are very excited about collaborating with IOTA on this ambitious deep demonstration”.
The Deep Demonstration on Long Termism will highlight how short-term thinking in investment cycles and in ideas of economic value creation are standing in the way of the regenerative economy we need to foster. Together, we will forge experiments that help shift attention to longer-term time horizons. Under the Deep Demonstration, IOTA will explore the role of Distributed Ledger Technologies (DLTs) and the Internet of Things (IoT) to drive new insights, unlock sustainable financing solutions, and form open data marketplaces that serve as a collaborative commons in support of the UN Sustainable Development Goals.
With our focus on supporting bottom-up innovation, the IOTA Foundation is actively looking for developers, innovators and problem owners from the community who want to leverage the Tangle — the underlying data structure of IOTA — for improved ways of understanding the effects of individual action on the environment and incentivizing shifts toward behaviors that help to regenerate rather than deplete vital ecosystems.
The design group at work in Berlin
We are calling on the IOTA community to reach out to us to participate in the Deep Demonstrations, empowering individuals to be the change they want to see in the world. In the coming weeks, we will share more information on how you can become involved to implement your ideas over the course of the Deep Demonstrations alongside the IOTA Foundation.
Dr. Harald Rauter, Head of Emerging Technology Experimentation at EIT Climate KIC on the new partnership: “On the transformational path to a sustainable world in line with the 1.5°C scenario connected devices, data and data-driven decision making will play a critical role. I am exhilarated to be able to welcome the IOTA Foundation both to the EIT Climate-KIC family as well as to the Deep-Demonstration on Long-termism. The IOTA Foundation holds those values so dear that EIT Climate-KIC considers key for a sustainable data-driven future — privacy, social inclusion and digital empowerment. I am deeply inspired by IOTA´s passion, the willingness to experiment and the believe in the power and ingenuity of community-driven innovation. Together, we will achieve great things!”
Dr. Julie Maupin, Director of Social Impact and Public Regulatory Affairs at the IOTA Foundation, on participating in the EIT Climate-KIC Deep Demonstration Project on Long Termism: “Taking part in this project gives us the opportunity to tap into the amazing creativity and passion of IOTA’s open source community. The long termism perspective invites each and every one of us to take a fresh look at the essential questions underlying sustainability. Namely, what hinders us as humans from thinking about the long-term consequences of our actions? What keeps us from building these consequences into our choices upfront? How would we need to structure our economic incentives, our social incentives, our habits and cultural mindsets differently so as to conscientiously shift our individual and collective behaviors onto a more sustainable track for our planet and for future generations? And last but not least, what role can new technologies like distributed ledgers and machine learning play in helping us bind ourselves to the mast of long-term sustainable societies and economies? We can’t wait to see what kinds of ideas our community members around the world will come up with. We’re looking forward to some truly broad and radical thinking. Let’s dream it, and then let’s build it!”
If you are interested in joining our quest, please contact us under impact@iota.org.
As always, feel free to stop by on Discord where we set up a dedicated channel to collaborate on the positive impact convergent technologies can have on our society.
Follow us on Twitter to keep track of all the latest news
Subscribe to our official YouTube channel and watch our Social Impact videos!
Co-Creating Impact: The IOTA Foundation joins forces with EIT Climate KIC was originally published in IOTA on Medium, where people are continuing the conversation by highlighting and responding to this story.
Levente Pap is joining IOTA as a Software Engineer of the Engineering team. In this role, he will focus on developing different parts of IOTA technology.
Levente lives in Berlin, Germany and has always been thrilled by creating systems that function well. As a kid, he built cities out of Lego and his curiosity towards technology led him to engineering studies. To sustain his desire to create while in school, he built a speedcam radar out of tomato cans, an autonomous electric go-cart, and a remote-controlled pinball machine.
Later, he worked for two of the industry-leading telecommunication infrastructure providers, where he took part in enabling the transition to lightning-fast 5G networks by developing software solutions for custom made embedded hardware.
His background in several fields of engineering helps him to tackle complex technical problems, furthermore to employ a system focused mindset. He has also been a scholar of the Digital Master School funded by the European Institute of Technology and Innovation, where he picked up business skills and made valuable connections in the European innovation and tech entrepreneur landscape.
Currently, he is obsessed with software engineering which he thinks of as a tool to advance technology and make a positive impact in the world.
On joining IOTA
For me, IOTA stood out from the crowd the moment I got into the DLT space. I believe that tech should serve people’s needs, and IOTA does exactly that through building the IoT infrastructure of the future. We have the chance now to define how technology will be part of our lives in the next decades — and it couldn’t be more exciting to be a member of the team working on it!
We are very happy officially announcing Levente Pap joining the project, his background in engineering and passion for technology are a great match for IOTA. He has a solid understanding of IOTA’s vision and the role he can play in making it a reality. Give him a warm welcome!
Welcome Levente Pap to the IOTA Foundation was originally published in IOTA on Medium, where people are continuing the conversation by highlighting and responding to this story.
Automatic, continuous payments, settled machine-to-machine, will enable a smart parking ecosystem.
Frictionless parking enhances the user experience, increases efficiency and reduces costs
Dynamic pricing optimizes the parking space infrastructure utilization
Proof of concept by d-fine and EDAG integrates IOTA technology in the existing trive.park parking app
EDAG and IOTA had a joint presence at the IAA 2019 where the project was showcased
Drivers will be able to lean back and worry less about parking in the near future: in the context of a smart parking ecosystem, cars will pay automatically and continuously for the time and space they need for parking. A proof of concept (PoC) developed by d-fine and trive.me (Software Innovations by EDAG), and powered by IOTA, recently demonstrated this potential. In addition to automated and seamless microtransactions, dynamic pricing — based on historical data and current demand — helps to optimize the valuation and utilization of parking space infrastructure.
Julian Schultheiß, Manager for Mobility & Transportation at d-fine, says: “The application of dynamic pricing allows to effectively value the parking space according to expected demand and optimize the utilization of parking space infrastructure.” Marcus Hennig, Manager for DLT & Fintech at d-fine, adds: “The feeless microtransactions of IOTA are ideal for exchanging data and settling payments seamlessly.” For additional information also visit www.d-fine.com/smartparking
This smart parking ecosystem proof of concept uses the latest distributed ledger technology: the IOTA Tangle.
d-fine and trive.me are bringing the vision of a machine economy into a parking context, in which the so-called microtransactions between car and parking infrastructure happen automatically and continuously in the background for the duration of the parking.
The feasibility of microtransactions requires that no transaction fees are involved. And that’s where the IOTA Tangle comes in place: the feeless nature of the IOTA Tangle makes it ideally suited for this digital mobility use case, as well as other use cases concerning the internet of things (IoT).
“In this proof of concept we are able to show the advantages of IOTA for the business case of our existing product trive.park (www.trivepark.de). We regard the use of innovative new technologies such as IOTA’s Tangle for applications in the mobility industry as an important step in establishing automated driving and other mobility services. The technology will gradually relieve the driver and infrastructure operators of tedious tasks such as payment, registration and data protection, thus enhancing the driving experience,” explains Alexander Süssemilch, Product Owner at trive.me.
This application shows that the IOTA technology is already simplifying people’s lives, and soon it will become a basic necessity for autonomous vehicles to be able to transact. Autonomous vehicles will become economic agents with their own wallet that lets them earn and pay for services — as in this case, the parking. The infrastructure to enable such advanced vehicles is being tried out today in order to be ready for autonomous vehicles tomorrow — vehicles that, integrated into a digital mobility ecosystem, will pay autonomously for parking, charging, road usage and more.
“Smart parking is just one part of the puzzle that is the future of mobility. This PoC demonstrates how IOTA can be used not only to enhance transparency and reduce costs but simply make using a car more convenient and stress free”, says Jan Pauseback, Senior Technical Analyst at the IOTA Foundation.
d-fine is a leading European consultancy for business analysis and technology services in a wide range of industries in transformation, like mobility and transportation — including digitizing mobility services, integrating e-mobility and optimizing logistics operations. The hands-on blockchain- and DLT experience draws from bringing several implementations to production, such as a digital asset custody solution or a platform for debt capital markets issuance. d-fine’s unique consulting approach is based on strong analytical, quantitative, and technological skills that enable the development of future-proof solutions through sustainable technological implementation. www.d-fine.de
trive.me is a digital accelerator within the mobility industry. The interdisciplinary experts at trive.me develop user-focused software and always question the industry’s status-quo. As a brand of EDAG Engineering, we combine innovation management, our own products and software development services. www.trive.me
IOTA is a not-for-profit foundation incorporated and registered in Germany. The IOTA Foundation’s mission is to support the development and standardization of new distributed ledger technologies (DLT), including the IOTA Tangle. The IOTA Tangle is an innovative type of DLT specifically designed for the Internet of Things (IoT) environment. It is an open-source protocol facilitating novel Machine-to-Machine (M2M) interactions, including secure data transfer, fee-less real-time micropayments, and the collection and dissemination of sensor-based and other data.
If you want to find out more or engage directly with us, join us on Discord (https://discord.iota.org/)!
Follow us on Twitter to get the latest news (https://twitter.com/iotatoken)!
www.iota.org
EDAG and d-fine develop a Smart Parking Ecosystem, powered by IOTA was originally published in IOTA on Medium, where people are continuing the conversation by highlighting and responding to this story.
Jelle Millenaar is joining the IOTA Foundation as a Software Engineer, based in Utrecht, the Netherlands. He will focus on the development and positioning of Digital Identity and increase our presence in the Netherlands. Due to his broad skill set, Jelle likes to be involved with many different aspects of the organization and hopes to be the bridge between projects. He can frequently be found at the LCU, a DLT co-working space in Utrecht.
Jelle studied Game Architecture and Design at the Breda University of Applied Sciences, where he acquired his programming experience. He went on to receive his Bachelor’s degree in Biology with a specialization in Computational Neuroscience and Artificial Intelligence at the Radboud University.
Since discovering IOTA while working as an Innovation Consultant at VX Company, he has been active in the IOTA community. Leading a small team of trainees, they created several Proof-of-Concept projects, including an implementation of Digital Identity and Verifiable Credentials on IOTA. He has also spoken at several Dutch IOTA meetups and won one of the tracks at the Odyssey Hackathon.
On joining IOTA
When I learned about IOTA during my research in useful DLT platforms, it immediately felt like the first and only candidate for corporate adoption. Since then, I have been developing on top of IOTA. During this time, I found a need for a Digital Identity implementation given that a layer of trust is required for many use cases. I believe IOTA can be the first DLT to provide a Digital Identity solution that is completely feeless and can be deployed on a public permissionless ledger. I am very excited about joining the IOTA Foundation and helping to make IOTA the layer of trust that is needed not only for IoT, but for everyone and everything.
We are excited to officially announce that Jelle is joining the foundation. His previous professional contributions to IOTA in the field of decentralized ID (DID) already characterize his enthusiasm, as well as his technical competence. His expertise will be a vital factor to develop, drive and anchor IOTA’s DID initiative across our products, as well as closely working with our partners to ensure successful integration into their own ecosystems. Jelle’s tremendous passion, experience and skill set make him a natural fit. Give him a warm welcome!
Welcome Jelle Millenaar to the IOTA Foundation was originally published in IOTA on Medium, where people are continuing the conversation by highlighting and responding to this story.
Antonio Nardella is joining IOTA as a Community Manager.
Antonio Nardella lives in Bolzano, Italy and has been in IT for over twenty years. He is a tech-consultant, technology-minded, creator with a focus on practical solutions. He is able to explain new technologies in layman terms and relate them to everyday life. His particular interests include Free Open Source Software, Internet of Things, and Distributed Ledger Technologies. He began his career as an IT technician and trainer. After working as an IT specialist for South Tyrol Marketing (SMG) and EURAC a private research center, he moved to a leading Italian dealer of POS systems. There he gained valuable experience in the field of gastronomy and thanks to his knowledge in digitization, he was responsible, as a product manager, for the gastro-software division. At the same time, he supported an Italian start-up with his special know-how in the field of distributed ledger technologies.
After discovering IOTA in 2017, Antonio wanted to contribute and support the Italian community. He began translating articles to Italian and started organizing the first IOTA meetups in Italy #TwoToTangle — Let’s Talk about IOTA Meetups in Bolzano in June 2018 and then co-organized the IOTA ITALIA Meetups in Milan giving support to IOTA Evangelists: Alessandro Olivo and Stefano della Valle. He contributed with projects that can be found in his IOTA Ecosystem profile, a flash talk at the South Tyrol Free Software Convention 2018, and made IOTA officially a part of the Data Analytics, Big Data and Blockchain (DABDB) course for the Master in Accounting and Finance by Dr. Paolo Coletti of the Free University of Bolzano.
His project RaspiTIN classified as one of the top 10 winning projects of the IOTA Contest: The Perfect Brainstorm.
On joining IOTA
I was so greatly emboldened by the members of the IOTA Foundation, their vision and the effort they put every day into this world-changing technology. It was the reason I started the #TwoToTangle — IOTA meetup series, proof-of-concepts, projects and evangelized this fascinating view of the future whenever I had the occasion. My goal is to inspire and further develop the Ecosystem with my passion for IOTA. It is a real honor to work with inspiring and talented people!
After years of being an active member of our community, we are very happy to announce Antonio Nardella is joining the foundation. His experience, passion for IOTA and attitude will help propel the IOTA project forward. Give him a warm welcome!
Welcome Antonio Nardella to the IOTA Foundation was originally published in IOTA on Medium, where people are continuing the conversation by highlighting and responding to this story.
We are excited to share that Professor Serguei Popov, Professor Bill Buchanan and Dr. Moody Alam — all members of the IOTA Research Council — recently attended and presented at the 2nd International Conference on Blockchain, Identity, and Cryptography, in Edinburgh.
Dr. Buchanan offered opening remarks at the conference, which was focused on Distributed Ledger Technologies (DLT) and their applications, particularly in IoT industry settings. In his remarks, he underlined the importance of DLT for businesses. He emphasized that the role of businesses must be proactive — it is important to have industry representation even during early research phases. He also shared his plans to increase the size of his research team in the near future.
Dr. Popov’s presentation, outlining IOTA technology, can be viewed here. Dr. Alam’s presentation focused on research challenges at the IOTA Foundation and described the general strategy for research in this nascent and fast-paced field. Various scholars presented research on topics germane to IOTA. We encourage you to listen to their talks, which can be found here.
IOTA’s participation in events, such as this conference, furthers a key goal of the Research Council — to provide academic oversight and direction to research efforts. Conferences are also a wonderful opportunity to discover and expand collaborative opportunities. The conference was attended by industry leaders who are eager to learn and deepen their own participation with DLT research. The IOTA Foundation team had some very interesting discussions around the application of the IOTA technology in various industries and use cases.
We look forward to future conferences!
If you want to know more about what happened during the conference, please take a look at the following posts:
Subscribe to our Twitter and YouTube channels to get the latest updates and news!
Join us on Discord to engage directly with the team.
IOTA presents at the 2nd International Conference on Blockchain, Identity & Cryptography was originally published in IOTA on Medium, where people are continuing the conversation by highlighting and responding to this story.
This is the first in a series of articles about programming for the Internet of Things, marketplaces for data, and distributed ledger technology for mobility and smart city apps.
Pronounced “i-three”, the I3 Consortium is a group of technology leaders focused on improving our daily life in the City of Los Angeles and beyond. Faculty and Researchers at the University of Southern California (USC) created the I3 marketplace for buying and selling data. Its design allows both humans and IoT devices to participate. By design, the I3 marketplace doesn’t store data, but acts as a broker for the sale of information.
Buyers who subscribe to data streams need a place to store their data. The IOTA protocol is a distributed ledger for transferring value and data. By harnessing this I3, subscribers can use the Tangle to immutably store their data. Researchers at USC experimented with the IOTA protocol to see how this could work.
The series of blog posts share our key findings and provides links to tutorials so you can get involved. To learn more about the I3 marketplace, go to I3.usc.edu.
Building IoT Devices
The experiment included setting up four simple IoT devices. We used various devices to capture various streams of data: an AstroPiOTA device gathers environment data every 30 minutes, an EnviroPhat equipped Raspberry Pi collects the temperature every 30 minutes, an Autonomous Gardener buys water when plants in the community garden are thirsty, and finally, a CO2-TVOC sensor checks the air quality every 20 minutes.
Connecting to the I3 Marketplace
A product was created on the I3 marketplace for each stream of data. We subscribed to each product and stored the sensor data in the Tangle. Then, we investigated trends in the data. We got the results we expected. We also got some unexpected benefits.
Reporting Expected Results
The LA CO2-TVOC monitor reports CO2 levels. This type of data is useful for public safety. Health care professionals need to know CO2 levels and public safety professionals use it to monitor air quality. The AstroPiOTA and EnviroPhat weather stations are reporting local weather. The Autonomous Gardener notifies local gardeners when plants are buying water.
Investigating Unexpected Benefits
On July 4th, we had a 7.1 magnitude earthquake near L.A. Data from AstroPiOTA appears to reflect this. AstroPiOTA is a clone of AstroPi that flies onboard the International Space Station (ISS). On the ISS, it monitors their orientation in space using an accelerometer and gyroscope. On Earth, AstroPiOTA doesn’t fly. It sits on the ground. If the device reports movement, that may indicate that the Earth is moving! We’re discussing this with earthquake specialists and will report our findings in the future.
Something else happened. The data from my Autonomous Gardener alerted us that the soil moisture sensor was malfunctioning. This sensor is stuck in the ground near the vegetables to determine when the soil is too dry and they need water. It was failing because it had corrosion on it that is poisonous. In this local community garden, we’re too busy for traditional gardening, so the Autonomous Gardener helps us grow food and keep our yards in compliance with city landscaping rules. Food and plant safety is important.
Harnessing the Power of Shared Data
We’re just getting started with simple devices and we already have beneficial results. I can’t wait to see what I3 Phase 2 will bring. We’re adding a camera with AI that reports foot traffic and parking spots. IOTA is adding a new electric vehicle charger where you can refuel using the Iota tokens. IOTA is also inventing a new technology that will make the process of collecting and sharing sensor data easier. We’re teaching others how to onboard their IoT devices so they can start buying and selling data. And we’re experimenting with combining data from different streams.
Getting Involved
If you live near Los Angeles and wish to participate in hands-on learning, sign up for the Eventbrite Meetup Series: Intro to IoT, I3, and IOTA at https://www.eventbrite.com/e/intro-to-iot-i3-and-iota-tickets-71737176827
Here are step-by-step guides for building your own devices: https://github.com/iota-community/I3-IOTA
Here’s a recap of the blog posts in this series:
Blogpost 1 — Intro to IoT, I3, & IOTA
Blogpost 2 — Connecting your Device to I3 Marketplace (coming soon!)
Learning more
Learn more about IOTA https://www.iota.org/
Join our community on Discord https://discord.iota.org/
Learn more about USC Marshall https://www.marshall.usc.edu/
Learn more about USC Viterbi https://viterbischool.usc.edu/
Learn more about the I3 Consortium https://i3.usc.edu/about/i3-consortium/
Biographies
S. D. Nelson (“Nelson”) works as a Technologist at the IOTA Foundation. He shares IOTA’s passion for zero-cost transactions for the Internet of Things so that society can benefit from these emerging technologies. He recently teamed up with Researchers at USC to participate in the I3 Intelligent-Integrated IoT Conference and Workshop. Previously, he tested the Curiosity Mars rover at NASA-JPL, taught in China, and worked in 27 countries validating robotic lab equipment. He recently moved to Los Angeles.
Special thanks to WenChen Mei for his advice regarding data visualization. He is a graduate student pursuing his Master of Science in Material Science at Auburn University.
Dr. Gowri Sankar Ramachandran is a postdoctoral researcher at Center for Cyber-Physical System and the Internet-of-Things (CCI), USC Viterbi School of Engineering, University of Southern California (USC). He has more than eight years of research experience in the area of Internet of Things including wireless testbeds and middleware technology as well as applications ranging from medicine delivery in Africa to improving fairness in Policing. Gowri is also involved in the development and management of USC’s Intelligent Internet-of-Things Integrator (I3), which is a data marketplace platform for smart cities.
Kurian Karyakulam Sajan is a technology enthusiast and a student pursuing a Master’s of Computer Science at the University of Southern California. He has five years of professional experience as a full-stack developer in Oracle, Creditvidya startup in the Financial Technology domain and research programmer at the University of Southern California. Presently, he is privileged to be working with a team of dedicated intellectuals on I3 data market under the guidance of Professor Bhaskar Krishnamachari. A revolutionary idea that is a conglomeration of IoT, Blockchain, Distributed Systems, Economies and Machine Learning, which has the potential to dive deep into a plethora of research questions that were never investigated before. He is also passionate about adventurous sports and soccer.
Intro to IoT, I3, & IOTA was originally published in IOTA on Medium, where people are continuing the conversation by highlighting and responding to this story.
We are proud to announce the winners of the Machine Money contest on Hackster.io. The contest was focused on combining the value transfer element of the IOTA protocol with hardware solutions. We were impressed with the level of skill the Hackster and IOTA communities showed when building these projects. It was tough to pick the three winning submissions, given there were so many well-developed and novel solutions to the challenge.
After lengthy deliberation, we chose the three submissions that suited the challenge the best:
1st Place: Economically Autonomous Machines
The winner of the competition captured the spirit of the contest the best and had a close integration with IOTA. It comprised of an energy ecosystem in which producers, distributers, and consumers could sell and purchase goods, in this case electricity, amongst each other.
To about their submission & see their code: see their project page.
2nd Place: AI Marketplace and Connected Picture Frame
The second prize goes to a submission that integrates IOTA technology into a marketplace for art. However, instead of Monet the artists are AIs. This is a novel concept introducing the idea that AI are able to produce unique and valuable outputs.
To about the submission & see their code: see their project page.
3rd Place: Car Wallet Pays for Parking Using IOTA
The third prize goes to a submission that can be implemented in the very near future. It integrates the infrastructure you might find in a parking structure with the IOTA protocol. The result is a demonstration of how the integration of payments into current hardware can improve the user experience for humans, and maybe even autonomous vehicles in the future.
To about the submission & see their code see their project page.
Runner Ups Prizes
While we were only able to give three main prizes, we had a number of outstanding entries that we wanted to reward. 10 runner up submissions were awarded a prize for their entries.
To see a list of these go to the contest page.
Hackster Impact Prize: Distributed Health Record
The Hackster Impact prize goes to the eHealth focused submission that targets the SDG goal #3: “Good health and well-being”. The submission features an open and easy to use health record system that utilizes a number of different technologies. The development of these open standards pushes the healthcare industry towards lower cost and more effective ways of managing health records.
To about the submission & see their code see their project page.
Future Contests
We had a lot of fun evaluating the submissions and choosing the winners of this contest! It was great to see our creative community come together and build interesting solutions with IOTA and hardware. We hope that you continue to tinker with the technology and submit your projects to the IOTA hub on the Hackster platform.
However, if you are disappointed you missed out on this contest and have a competitive itch to scratch, keep your eyes peeled for our next contest. If you want to engage directly with IOTA, join our official Discord server
Winners of the IOTA Machine Money contest on Hackster.io was originally published in IOTA on Medium, where people are continuing the conversation by highlighting and responding to this story.
IOTA Foundation launches Industry Marketplace, the World’s First Autonomous and Decentralized Marketplace
The Industry Marketplace, Leveraging IOTA’s Distributed Ledger Technology, will enable increased Interconnectivity between Humans, Machines, and Machine Readable Contracts.
Visit the Industry Marketplace here.
The IOTA Foundation is proud to announce the release of the Industry Marketplace, the world’s very first autonomous and decentralized virtual marketplace. After forming a consortium of world-leading academics, standardization bodies, enterprises and thought leaders, we are excited to present our joint development that will greatly accelerate industrial automation and commercial machine interaction.
The next generation of industrial automation, Industry 4.0 (I4.0), is rapidly approaching. In tomorrow’s world, devices will contain not only asset information, but proactive decision and optimization algorithms to enable goal-oriented behaviors. I4.0 devices can be viewed as autonomous independent economic agents that cooperate according to market economy principles.
The highly flexible value creation networks that result from I4.0 will require new forms of collaboration between companies — both at a national and global level. The successful implementation of I4.0 will depend on the creation of a common global communication and computing infrastructure that enables economic relationships between humans and machines.
By combining distributed ledger technology with established standards and openly-developed specifications, the Industry Marketplace will spearhead I4.0 and create a platform for the economy of things.
The Industry Marketplace will serve as a vendor and industry-neutral platform, automating the trade of physical and digital goods and services. Building on specifications developed by the Plattform Industrie 4.0 (Germany’s central network for the advancement of digital transformation in manufacturing), the Industry Marketplace combines:
Distributed ledger technology
Immutable audit logs and eCl@ss standards
Machine-readable contracts and an integrated decentralized identity system
Together, these features facilitate a secure communication and payment platform for the full industry landscape, ensuring the authenticity of all participants, and enabling decentralized exchange.
A natural evolution from the original IOTA data marketplace
With the building blocks of the first “Data Marketplace”, we now evolve the concept into a fully-fledged product. When the Data Marketplace proof-of-concept was launched in 2017, and later open-sourced, IOTA established a platform for corporations and community members to explore new IoT / M2M solutions and business models. The marketplace formed an ecosystem to foster permissionless innovation and demonstrated the potential of the “Economy of Things”.
The new Industry Marketplace is a substantial leap forward in our vision and we have significant plans for its future. Today’s launch is just the first step in this project’s timeline. Enterprises are now gaining more experience with distributed ledger technology and learning how best to make use of its potential. Working together with enterprise we will develop an industry standard for decentralized data and service exchange.
Industry Marketplace Key Features:
Vendor and industry-neutral
Standardized communication for contracts, product data, purchasing, bids, orders and services
Implementation of the I4.0 principles for driving forward digitalization and manufacturing
Semantic language, based on open specifications, developed by Plattform Industrie 4.0 and academic institutions
A secure, decentralized and globally accessible protocol
Low system requirements
Open source software
Integrated, decentralized identity
Integrated payments for goods and services, without transaction fees
Payment queues for high-frequency environments, e.g. buying many individual data sets
Immutable audit logs (including for payments), compliant with regulatory requirements
“The industry marketplace is designed to solve the current issues around creating a common standard language for autonomous machine to machine communication,” said Thorsten Kroke, Head of Digital Processes & Standards, eCl@ss. “This is an essential aspect of Industry 4.0, where secure data exchange without the loss of key information for decision making are foundational requirements.”
“The IOTA decentralized identity system is capable of solving an industrial need right now: identifying physical devices. Identity is a prerequisite to attach an Asset Administration Shell to a physical device,” said Jörg Nagel, Managing Director, Neoception, “The DID used by the Industry Marketplace may seem futuristic to some, but it solves a real problem for the industry, by providing globally unique IDs.”
“The Industry Marketplace paves the way for secure automated trade in the manufacturing sector,” said Holger Köther, Director of Partnerships of the IOTA Foundation. “The use of the IOTA Tangle, an open-source distributed ledger technology that is feeless and scalable, ensures stability and robustness for the Marketplace and its participants. We are now looking forward to expand the circle of participants, demonstrate the Marketplace under near-production conditions and continue its development with our industry partners.”
How you can participate
The Industry Marketplace has been developed as an open source initiative and is free to join. We encourage open innovation with other industry partners to explore new business models and the many possibilities of industrial automation.
You can run a simple demo at your office to explore its potential.
If you or your organization are interested in exploring the Industry Marketplace further, we recommend you follow these best practices:
Secure a mandate from management, aimed at exploring emerging digital technologies and non-incremental innovation
Experiment in small but quick steps, start with a very simple PoC
Secure the resources necessary to ramp up your PoC towards a testbed pilot
Apply the principles of Open innovation. Be comfortable sharing your “problem worth solving” to find complementary partners sharing similar ambitions
The IOTA Foundation will support you in integrating your infrastructure onto the Industry Marketplace and help you with your first Proof of Concept.
If you want to know more, or wish to become part of this open innovation initiative, please contact us at industry@iota.org or join our discord (https://discord.iota.org).
What is next for the Industry Marketplace?
We intend for the industry marketplace to be used widely in production across the industry landscape. Achieving this goal is not a simple process, and there are many challenges ahead. In order to best place ourselves for industry-wide adoption, we will be driving two central initiatives:
A co-creation process focused on developing minimal viable ecosystems around simple, tangible use cases.
We will begin by growing the network of partners involved in the Industry Marketplace initiative. Building trust between partners and alignment around a common purpose is key to the project’s success. By connecting devices, assets, products and services from a range of industries, we will further demonstrate the Industry Marketplace’s capabilities in automation within real-world-scenarios and testbeds.
2. Establishment of long term development with academic, enterprise, public sector and community partners.
We are forming a working group to establish standards, develop APIs and push the Industry Marketplace towards adoption. This is part of a wider drive to establish a system for long-term development. Working together with both the community and our partners, we will be able to integrate many additional features along the way. These include, but are not limited to: tutorials, ratings, reviews, analytics (verified by DID), additional search and visualization options, statistical data evaluation, industry-specific tutorials and extensions, connectivity to other (enterprise) software, a distributed governance system, expansion of the current DID implementation towards W3C standards, and much more.
Project Partners
The creation of the Industry Marketplace would not have been possible without the following collaborators. We commend their motivation to change the status quo for the better, and their determination to establish the economy of things through IOTA’s open-source technology.
Semantic catalog data & standardized machine properties (eCl@ss)
Semantic contract language development for Industry 4.0 components, marketplace concept, marketplace development and integration into OvGU demonstrator (OvGU)
Industrie Platform 4.0, decentralized ID concept and marketplace concept (HSU)
Asset Administration shell integration, marketplace concept and integration into the ecl@ss demonstrator (Neoception)
Marketplace feedback and WeWash PoC integration, to publish WeWash capacity on the marketplace (WeWash)
Payment and Data Assurance Provider, Industry Marketplace Concept and Integration, decentralized ID integration (IOTA Foundation)
Project team (in alphabetical order)
Alaettin Dogan, Alexander Belyaev, Univ.-Prof. Dr.-Ing. Alexander Fay, Alexey Sobolev, Andreas Höpfner, Casper Eicke Frederiksen, Charlie Varley, Christian Block, Prof. Dr.-Ing. Christian Diedrich, Detlev Raguse, Dr. Jan Allenberg, Dr. Jörg Nagel, Florian Sommer, Holger Köther, Jelle Millenaar, Lisa Schneider, Marcos Andrade, Max Appel, Rafael Ribeiro, Sabri Goldberg, Thorsten Kroke
Additional resources
Industry Marketplace website
Industry Marketplace explanation video
Industry Marketplace 1-pager
Open Source Repository on Github
IOTA Foundation launches Industry Marketplace, the World’s First Autonomous and Decentralized… was originally published in IOTA on Medium, where people are continuing the conversation by highlighting and responding to this story.
Daniel Elsawey is joining the IOTA Foundation as a member of the Advisory Board. He is currently the Chief Investment Officer of a stealth Digital Asset start-up focused on Institutional access. He has over 10 years of experience in financial markets specializing in Fixed Income/FX structuring, Fintech corporate FX solutions and most recently Digital Asset allocation and Trading. Over the years Daniel has developed deep ties within the Investment Management community. Daniel has taught Binomial, Monte-Carlo and Black-Scholes option pricing theory at Bloomberg.
Daniel has previously served as Head of Trading at Coinfloor, the UK’s oldest Digital Asset Exchange. He helped launch the world’s first physically delivered Bitcoin futures contract. Daniel also served as Head of Distribution at Coinshares which launched Europe’s first Bitcoin ETP, which in Q4 2017 had over $1bn in assets under management.
Previously, Managing Director of EMEA for FiREapps, a Fintech company with a proprietary engine built to standardize a corporate firm’s FX exposure so they can hedge net FX balance sheet risk at the click of a button.
Daniel was a Fixed Income index Structurer at Barclays specializing in their Global Aggregate Index series. Daniel has a 1st Class BSc in Mathematics and Economics from the University of Bristol.
On being part of IOTA…
I am excited about the opportunity to join the IOTA Foundation Advisory Board and become part of this shift towards creating Industry 4.0. Bridging the gap between traditional finance and the digital sector is more than just adoption. The digital economy needs to improve and unlock new possibilities. IOTA with its Tangle-based DLT has the potential to serve and improve many applications in the financial markets. From Capital Markets through to Banking provision, Qubic is at the core of this innovation and I’m excited to assist in bringing this potential into reality.
We are happy to announce that Daniel will join the IOTA Advisory Board. As the IOTA Foundation continues to grow and mature, we have attracted the best talent at all levels, including our Advisory Board. His expertise in financial markets and digital assets makes him highly valuable as we continue to drive and develop the machine to machine economy. Give him a warm welcome!
Welcome Daniel Elsawey to IOTA Foundation! was originally published in IOTA on Medium, where people are continuing the conversation by highlighting and responding to this story.
IOTA Newsletter #14 — Smart City Energy Tracking, ESP32 Wallet & Consensus in the Tangle
IOTA showcases sustainable energy traceability at Powerhouse Energy Positive Building
Traceable, renewable energy seamlessly being tracked locally in real time between buildings, infrastructure, and consumers is already being tested in a real-world environment. IOTA, Jaguar Land Rover and ENGIE Lab CRIGEN developed a Proof of Concept to demonstrate how it can be done. Watch more in the video below.
Cities of the future: IOTA, Jaguar Land Rover, Engie Lab Crigen & Entra showcase energy traceability
Crypto Core was part of the third cohort of grantess from the Ecosystem Development Fund and has now finished the final report on how to to enable embedded systems to run the IOTA core functions. This is a critical component to allowing IOTA to be run on small IoT devices and a big step towards future real world applications. Read more…
Welcome Jon Crowcroft to the IOTA Research Council
Professor Jon Crowcroft is one of the most internationally recognized researchers in distributed computing and his seminal works have often changed the course of this field Read more…
IN CASE YOU MISSED IT…
Subscribe to the Newsletter here and receive it directly to your email
IOTA Newsletter #14 — Smart City Energy Tracking, ESP32 Wallet & Consensus in the Tangle was originally published in IOTA on Medium, where people are continuing the conversation by highlighting and responding to this story.
What is the IOTA?
If the Aether is turned towards smart contracts, the IOTA (or MIOTA) is linked to connected objects, to the Internet of Things, which some people call “fourth”. industrial Revolution”.
Created in 2015 by David Sonstebo, Sergey Ivancheglo, Dominik Schiener and Dr. Serguei Popov. IOTA is based on a technology that allows free and instant transactions between machines in the Internet of Things environment.
Unlike Bitcoin and most cryptocurrency, IOTA units already exist (2.779.530.283 in total), and the motto is not based on the mining system (creation of units via computers, note).
IOTA also differs from other cryptocurrencies in that it does not rely on the blockchain technology mentioned above. It is based on Tangle technology, fully decentralized, which allows transactions at no cost, secure, and instant.
The applications are numerous. The IOTA allowing micro-transactions since there are no fees, many companies, including small businesses, merchants could be interested. The Tangle technology on which the IOTA is based can also be used to transfer data, can be applied to set up electronic votes, or even serve as a basis for encrypted e-mail.
IOTA could also be set up in the area of the shared economy. We can imagine Paris Vélib ‘working with this technology, but all kinds of connected objects could be shared.
The IOTA has experienced a recent craze its course passing in less than a week of a few cents to more than 3 dollars per unit. This interest is explained by the announcement of a partnership with major companies such as Microsoft, Samsung, Cisco or Volkswagen.
