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IOTA & University Aachen - Real world Use Cases

The WZL machine tool laboratory at RWTH Aachen University is currently researching the “Internet of Production” – the core of the Industrial Internet of Things, which paves the way for a future era of production.

The DAG technology (“Tangle”) offers the ability to transport and store data points tamper-proof, cross-manufacturer and fast compared to blockchain-based systems. Data economics and marketplaces are made possible, with IOTA, in contrast to classic blockchain technologies, with no transaction fees and thus business models that require the exchange of nanopayments, ie the loss-free accounting of smallest amounts.

Read more:

https://iota-news.com/real-industrial-application-with-iota-rwth-university-aachen/

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IOTA & University Aachen - Real world Use Cases IOTA & University Aachen - Real world Use Cases Reviewed by paksvideo on April 06, 2018 Rating: 5

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