Tech Giants and Blockchain Startups Unite to Make IoT Apps More Secure
Leading IT companies, Blockchain startups and financial institutions including Cisco Systems, Foxconn, Bank of New York Mellon and ConsenSys formed a consortium to focus on the development of Blockchain-based Internet of Things (IoT) applications. The consortium which also includes BitSE, Bosch, Gemalto and Chonicled, is attempting to establish a decentralized and immutable Blockchain protocol as a shared platform to build IoT devices, applications and networks. Dirk Slama, Bosch Software Innovations chief alliance officer stated: "We are seeing tremendous potential for the....
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