• The IOTA Foundation has announced a new partnership with the blockchain hardware and software company, Riddle&Code
• Their partnership aims to make AI decision-making based on the Internet of Things a possibility
• It also enables significant improvements on existing technologies that can easily be copied like QR codes

This week the IOTA Foundation announced a new partnership with the blockchain hardware and software company Riddle&Code. Through their respective technologies, this collaboration will be a way to create a path from sensor to Distributed Ledger. With IOTA Tangle, they can also enable autonomous machine-to-machine transactions.

About IOTA and Riddle&Code

The IOTA Foundation is a non-profit foundation registered and incorporated in Germany. Their goal is to help with the development and standardization of distributed ledger technologies (DLT) that are new in the industry – foremost the IOTA Tangle.

Riddle&Code is a European Blockchain interface company. This start-up builds hardware as well as software stacks to bring trusted identity to various objects and people. They also offer greater efficiency and new business models to energy distribution businesses, supply chain management, financial markets, and the Internet of Things.

By integrating Riddle&Code to Internet of Things or IoT devices, they can extend trust to data sources and enable advanced decision-making. To achieve this, the technology will only utilize designated, reliable data sources that play a role through the selection of ones marked with a trusted identity.

In line with this update, Riddle&Code’s founder and CTO, Tom Fuerstner, said the following:

“Real-world industrial and smart city environments require trusted, scalable and transparent environments from end-to-end to store data. By securely connecting any IoT sensor or machine to the IOTA Tangle with our crypto chips and middleware, we are delivering just that.”

Riddle&Code’s crypto chip can be integrated into a device, providing a trusted source of data through the use of a tamper-proof digital identity. As a result, the partnership creates the possibility of an end-to-end solution premise for machine-to-machine payments. This will help solve the data management problem since they can restrict data to only be access by sources with a certified identity. Therefore, it can also solve the garbage in, garbage out problem.

The IOTA Foundation’s director of partnerships also shared his thoughts about this collaboration:

“This integration with Riddle & Code brings to life the IOTA Foundation’s vision of enabling all connected devices. With this step, the prerequisites of trust are in place for industry to adopt highly innovative tech infrastructure for more efficient business processes.”

Benefits of the Collaboration on Existing Technologies

This collaboration can also enable significant improvements on existing technologies that can easily be copied like QR codes, which are used to acquire data from physical objects. By integrating a crypto chip to a device, they can turn the device into tamper-proof digital identity as well as a trusted source of data.