The IOTA Foundation will work with eCL@ss e.V. in the future. eCl@ss is the only cross-industry ISO/IEC-compliant industry standard that is used worldwide.
IOTA is intended to help eCl@ss transfer standardized eCl@ss data securely and reliably
They found each other: IOTA and eCl@ss announced their cooperation on 5 December. Since both IOTA and eCl@ss focus on Industry 4.0, this decision seems quite obvious. After all, standards must be developed for the Internet of Things that can be applied globally.
“We look forward to working together […] on the development of new standards for device communication and complex payment processes in the Internet of Things”, says Thorsten Kroke, CEO of eCl@ss. They are familiar with standardization. The association was founded in 2000 and initially had twelve members, including Siemens, SAP, Bayer and E.ON. In the meantime, the number of members has grown to almost 150. Among the members, who together make a trillion annual sales, are industry leaders such as VW, BASF, RWE, Fujitsu and Bosch. The cross-sector standard for the classification and standardization of master data is used by over 3,500 companies worldwide.
The Internet of Bitcoin loophole
For Gerhard Treitinger, Product Manager at Bosch subsidiary BSH Hausgeräte, it was interest at first glance: When we first heard about Bitcoin loophole and its data marketplace, the joint implementation of IOTA and eCl@ss seemed like a natural step. Read more on: Is The Bitcoin Loophole a Scam? Beware, Read our Review First
This is also due to the fact that both want to position themselves as central players in the development of the Internet of Things and its standardization.
Holger Köther, Director of Partnerships at the IOTA Foundation, is correspondingly enthusiastic:
“It is an extraordinary opportunity to shape how the next generation of devices can communicate through data and micro payments in all industry landscapes to really strengthen a machine-to-machine economy for the Internet of Everything”.
With this cooperation, IOTA comes into indirect contact with a whole bouquet of large companies and hidden champions. IOTA cannot yet complain about a lack of interest on the part of the industry. However, there is still little that goes beyond mere announcements of cooperation. At least you can take a look at what the cooperation between IOTA and eCl@ass could look like.
Another example of the “Tangle to touch” is the company iampass. Its founder was a guest at the BTC-ECHO podcast in October to talk about his company’s IOTA-based hand-held vein scanner: