blockchainreporter
  • News
    • Altcoins
    • Bitcoin
    • Blockchain
    • Ethereum
    • Adoption
    • NFT
    • DeFi
    • Metaverse
  • Education
  • Glossary
  • Advertise
No Result
View All Result
Bet Now
blockchainreporter
  • News
    • Altcoins
    • Bitcoin
    • Blockchain
    • Ethereum
    • Adoption
    • NFT
    • DeFi
    • Metaverse
  • Education
  • Glossary
  • Advertise
No Result
View All Result
blockchainreporter
Bet Now
No Result
View All Result
Bitcoin
BTC
1d:
7d:
Ethereum
ETH
1d:
7d:
Polkadot
DOT
1d:
7d:
Solana
SOL
1d:
7d:
Ripple
XRP
1d:
7d:
Shiba INU
SHIB
1d:
7d:

IOTA Foundation: 2019 Will Be about “Scaling the Overall Project and Reaching Production Readiness”

Tokoni Uti by Tokoni Uti
January 2, 2019 - 6:51 am
in altcoins news
0
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter
  • The IOTA (MIOTA) foundation has given a recap of their 2018 achievements

  • These include getting approval for their smart city and opening the world’s first IOTA-focused charging station
  • 2019 will be about “scaling the overall project and reaching production readiness”

Right at the end of 2018, the IOTA foundation released a Medium post that showed their 2018  achievements and preview of what is to come in 2019.

Summit

In July, the IOTA foundation held a summit that brought together all members of their team. Since the summit, the team members have increased and are now almost 100 in total.

Social Impact and Government Regulations

2018 saw many blockchain firms get involved in social responsibility acts and IOTA was not left out.

First, they signed a memorandum of understanding with UNOPS. As a result of the memorandum of understanding, the IOTA Foundation will help promote efficiency in UNOPS activities and will also help increase the safety and security of UN workers.

The foundation also did significant work in promoting blockchain technology to various governments, attending over 40 events with various governmental and non-governmental agencies.

Smart City

IOTA made significant progress with their smart city in 2018.

The OTA and European Smart City Consortium +CityXChange received a green light from the EU Commission and subsequently received over €20 million in funding as well as another €10 million in kind.

The project will be launched under the guidance of the Norwegian University of Science and Technology (NTNU) and will develop new blockchain innovations with 11 large enterprises, 9 SMEs, 3 non-for-profit organizations and 2 universities.

The ENGIE Lab CRIGEN and the IOTA Foundation also signed a Memorandum of Understanding which means that IOTA technology will be tested on ENGIE’s various services and products.

The worlds first charging station where charging and payment are done with IOTA was opened as a collaboration with ElaadNL.

Financial services

DNB, Scandinavia’s largest bank, has teamed up with IOTA to explore new ways to apply IOTA technology to its goods and services, with special attention being given to MyData and the Data Marketplace set up by the IOTA Foundation.

IOTA hub

In 2018, IOTA opened its IOTA hub and also collaborated with Ledger to allow secure access and storage for users.

IOTA ecosystem

Among the many developments in 2018, IOTA was able to set up a proper legal framework for its ecosystem.

IOTA also set up a research council designed to help “scale research into the various domains of the IOTA project with external researchers.”

Preview

The post ended with thanks to IOTA users, partners, and team members.

According to the post, the focus of 2019 will be to “scaling the overall project and reaching production readiness”

 

Tags: MIOTA
ShareTweet
Tokoni Uti

Tokoni Uti

Tokoni Uti is a Lagos-based writer with several years of experience. Her work has appeared in the Huffington Post, the Los Angeles Free Press and the San Diego Free press among others. She is a graduate of Bowen University.

Recommended For You

WRX Coin Price Prediction: Will WazirX Rise amid Ongoing Crisis?

by Shayan Chowdhury
February 8, 2023 - 5:31 am
0
WazirX

According to our WRX coin price prediction, the digital asset may witness a massive pump if the WazirX platform eliminates its current allegations. 

Read more

Algorand Foundation Declares Huge Collaborations in India to Push the Boundaries of Web3

by Umair Younas
February 7, 2023 - 12:25 pm
0
Algorand Price Prediction 2030

Algorand Foundation’s target is to support the enhancement of employment opportunities within the web3 ecosystem of India.

Read more

Signature Bank is Being Sued for Allegedly Ignoring FTX Fraud

by Kester Odero
February 7, 2023 - 12:06 pm
0
signature bank

Statistica Capital is suing Signature Bank over links with the FTX fraud. Stastisca, says they had consent of FTX's fraud plans but said nothing.

Read more

How Cryptocurrency Casinos Came about and What Happened as a Result

by Wayne Jones
February 7, 2023 - 11:35 am
0
casino

The emergence of cryptocurrency casinos online was a breakthrough in the gambling industry.

Read more

Attacker Exploits CoW Swap DEX and Drains over $180K from its Contract Address

by Shayan Chowdhury
February 7, 2023 - 10:00 am
0
CoW Swap

Recently, security firm PeckShield alerted that an exploiter drained over $180K worth of assets from CoW Swap DEX and transferred them to Tornado Cash. 

Read more
Next Post
Building

Dash (DASH) 2018 Recap: 4000 New Merchant Adoptions and 200 Nodes Added

PARTNERS LIST

PRESS RELEASE

Coinbase-Backed DeSo Unveils MegaSwap, a “Stripe for Crypto” product, with Over $5 Million in Volume

by chainwire
February 7, 2023 - 3:02 pm
0

Los Angeles, United States, 7th February, 2023, ChainwireDeSo is excited to announce the launch of MegaSwap – a revolutionary, cross-chain...

The Future of DAOs Takes Center Stage in Tel Aviv

by chainwire
February 6, 2023 - 8:00 am
0

Tel Aviv, Israel, 6th February, 2023, ChainwireThe DAOVOZ collective is excited to announce the inaugural DAOVOZ Tel Aviv event on...

Game Space Powers Web3 Gaming With the Launch of Player One Tournament, Aligns Partnership with Splinterlands, Gods Unchained and Big Time

by Max Clark
February 3, 2023 - 12:00 pm
0

For Player One Tournament, Game Space will continue to cooperate with more public chains, various gaming guilds, Web3 Infra, Web3...

Metacade presale investment rockets past $5 million as GameFi investors hurry to buy remaining MCADE tokens

by chainwire
February 2, 2023 - 3:38 pm
0

London, United Kingdom, 2nd February, 2023, ChainwireThe Metacade presale is selling out fast with stage 3 coming to a close...

BlockchainReporter is a trusted name in the cryptocurrency and blockchain technology news space, keeping its readers abreast of the latest and most significant trends in the industry.

Here at BlockchainReporter, our team of global writers is dedicated to providing price analysis on leading cryptocurrencies and covering the latest developments pertaining to bitcoin news, altcoins news, blockchain news, NFT news and cryptocurrency adoption news from around the world.

News

  • Altcoins
  • Bitcoin
  • Blockchain
  • Ethereum
  • Adoption
  • NFT
  • DeFi
  • Metaverse

Info

  • Education
  • Glossary
  • Market
  • Press Release

Company

  • About Us
  • Terms & Conditions
  • Advertise
  • Sitemap
  • Contact

@2022 – Blockchainreporter.net. All Right Reserved.

No Result
View All Result
  • News
    • Altcoins
    • Bitcoin
    • Blockchain
    • Ethereum
    • Adoption
    • NFT
    • DeFi
    • Metaverse
  • Education
  • Glossary
  • Advertise

@2023 - Blockchainreporter.net. All Right Reserved.