IOTA Launches Open Community Project IOTA Lab, Managed By AKITA

IOTA (MIOTA), an innovative distributed ledger technology designed to function as the backbone of Internet of Things (IoT), recently gave a comprehensive overview of Qubic project and the enormous scope it offers for real-world applications.

While the IOTA team is working on introducing new features, the Foundation is also making considerable progress on gaining valuable partners and launching new joint venture initiatives.

Recently, IOTA launched “IAMPASS”, a new identity and access management system that combines Biometrics & Tangle technology. Now, IOTA has launched an open community project “IOTA Lab”, funded by the IOTA ecosystem, and managed by its partner AKITA Blockchain Solutions.

Akita considers building tangible prototypes based on distributed ledger technology as its mission. The company offers more than a decade of experience in the IT Project Management using PMI, SCRUM, Prince2 methodology. Akita offers end to end services in the field of Distributed Ledger Technologies. This includes all horizontal and vertical layers such as business and IT strategic advice, software development, technical expertise, Proof of Concept, hardware integration, prototypes and more.

Akita believes that it is crucial to engage and work with different DLT protocols. The company explores various application groups, such as decentralized data storage, identity, voting, and more. In addition, Akita works closely with several academic institutions.