IOTA & Eclipse launch the Tangle EE Working Group

IOTA and the Eclipse Foundation Launch Working Group to Develop Commercial Applications on Distributed Ledger Technology.

Dell Technologies and STMicroelectronics are among the founding members of the new working group, along with other leading organizations: Software AG, Object Management Group, accessec, Energinet, BiiLabs, Calypso Network Association, ENGIE Lab CRIGEN, RWTH Aachen University, AKITA, Geometric Energy Corporation, TMForum, Otto von Guericke University Magdeburg and IoTIFY.

Several projects will be formed under the Eclipse Foundation to drive open-source collaboration and commercial adoption. Business and academia will come together to develop tooling and provide thought-leadership in key IOTA use case areas. The first two projects will explore decentralized marketplaces, which facilitate real-time trading of data and services, and decentralized identity, which enables a unified identity for people, organizations and devices.

“The Eclipse Foundation will provide a vendor-neutral governance framework for open collaboration, with IOTA’s scalable, feeless, and permissionless DLT as a base,” said Mike Milinkovich, executive director of the Eclipse Foundation. “By doing so, we will accelerate the development of new applications built with this transformative technology.”

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Post Author: CoinCryptoNews