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IOTA [MIOTA] data marketplace explored by Nordic Semiconductor and NTNU, Norway!

Simran Alphonso

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IOTA [MIOTA] data marketplace explored by Nordic Semiconductor and NTNU, Norway!
Source: Pixabay

Yesterday, IOTA announced their involvement with Nordic Semiconductor and NTNU in Norway. IOTA has been working on its socializing skills, it has collaborated and participated in quite a few events.

This month, IOTA will run a couple of significant exercises, like updating data of Trinity wallet, the most-anticipated Qubic venture announcement, IXI Hub discharge, the first round of ecosystem grantees, and a thorough AMA with the IOTA Foundation.

IOTA in their latest post tweeted:

“IOTA Foundation works with Nordic Semiconductor and NTNU to explore and unleash the potential of combining The Nordic Thingy:52 and IOTA
https://blog.iota.org/nordic-semiconductor-and-NTNU-in-norway-explore-iota-and-the-data-marketplace-f9bc7efee3 …
#IOTA #NordicSemiconductor #NTNU”

BitBal, a Twitterati commented:

“People been sleeping on IOTA, 3 years from now 95%+ of these altcoins won’t exist, @iotatoken will be stronger than ever IMO, maybe not huge gains left in it at $5B but a much better ROI than 99.9% of stocks and funds, pretty solid choice to have in your portfolio

The IOTA Data Marketplace activity was propelled in Q4 2017 as a joint Proof of Concept (PoC) and open advancement ecosystem. The stage reenacts future data trade and information exchanging by empowering associated gadgets to be paid by means of zero-expense micropayments for information they share. The first section of this PoC advancement is done from IOTA’s end and accommodates a developing number of committed associations the likelihood to demystify IOTA through a basic examination.

Nordic Semiconductor is a fabless semiconductor organization. The organization spends significant time in ultra-low power execution remote System-on-Chip (SoC) and network gadgets for the 2.4 GHz ISM band, with control utilization being one of the principal centre territories.

To undertake the business activities, the organization needs sensors to record air quality information. They additionally require an approach to gather, and offer it, while keeping up information respectability. It is vital for the organization that the framework is light, portable, and simple to utilize. For this to be utilized, the setup must be quick, so changes can be made as soon as data is gained.

IOTA Foundation and Nordic Semiconductor will proceed with the endeavours to bring the Nordic Thingy:52 in the hands of designers and will investigate sharing the access to this as a component of an engineers unit for approaching activities. IOTA is eager to continue involving NTNU team and the rest of the students interested in IoT, DLT, and new digitally enabled business models.




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Simran Alphonso is a Journalist at Ambcrypto. She has a background in Financial Markets and holds expertise in Digital Marketing.

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