[2016-08-12] news.bitcoin.com-Isle of Man Tests Blockchain for IoT Solutions

[Strongkored]

Isle of Man Tests Blockchain for IoT Solutions

The Isle of Man, a self-governing Crown dependency located in the Irish Sea, has always been very progressive when it comes to Bitcoin and blockchain technology. Now officials in the region are partnering with the startup Credits, a blockchain infrastructure provider, to secure IoT technology.

The collaborative effort plans on using a distributed ledger to enhance new IoT applications and devices. Credits claims its services enable a broad range of scalable and interoperable applications. The firm’s CEO and co-founder Nick Williamson told the publication:

READ MORE >>> https://news.bitcoin.com/isle-man-tests-blockchain-iot-solutions/

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[Kaneki]

The Isle of man continues to focus its efforts on becoming a hub for businesses working within the fintech sector. The IoT initiative is just one more sign that the small country is focused on integrating these technologies into its government services and business sector.