INS Becomes a Member of the Trusted IoT Alliance – INS Ecosystem
INS Becomes a Member of the Trusted IoT Alliance
INS Ecosystem is the latest member to join the Trusted IoT Alliance, an open source consortium of blockchain and IoT companies and industry leaders established to support a secure, scalable, interoperable, and trusted Internet of Things (IoT) ecosystem. The philosophy and goals of INS are perfectly aligned with the Trusted IoT Alliance, and collaborative progress is expected on a range of issues.
The Trusted IoT Alliance is an initiative launched officially in September 2017, with a mission to “enable trust in the data produced by IoT systems in a distributed ledger/blockchain agnostic fashion”. An additional aim of the consortium is to create a standard smart contract interface between IoT devices and various blockchain implementations.
INS anticipates positive work with other members of the consortium to deliver real-world applications as the interlinked future of blockchain and IoT gathers momentum. The executive board of the Trusted IoT Alliance includes president Dirk Slama (Bosch), chairman Anoop Nannra (Cisco), secretary Joe Pindar (Gemalto), and treasurer David Aho (Chronicled). Founding and consortium members include Bosch, Cisco, Vechain, Bitse, Foxconn, Ledger, Skuchain, Q-tum, ConsenSys, and IOTA among others.
Peter Fedchenkov, co-founder of INS Ecosystem, states:
“We are proud to join the Trusted IoT Alliance and look forward to cooperating with our fellow esteemed member companies in the blockchain and IoT spheres. I’m sure collaboration will be key to the future of our mutual technologies, and our membership will help us achieve even greater things with our enterprise-grade Blockchain Platform for the consumer industries. We hope to move forward side-by-side and meet interesting new challenges together.”
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