A follower of the IOTA project, Anczyk Jakub, reacted to the news, stating, “another solid news about the long-term project with forward-thinking institutions. The Dail圜oin Team found the IOTA community to be delighted with the announcement. The collaboration will see IOTA’s Tangle used as a solution for energy suppliers as they look to transition from non-renewable energy into a reliable, climate-friendly energy supply at affordable prices. The IOTA Foundation announced that it would be working with “the energy distribution network operator SWO Netz, the two research institutes Fraunhofer FIT/IPT, the university TU Chemnitz, and the SMEs peerOS, mCloud Systems, and TIP, to develop a scalable solution for reliable and secure data transmission and processing in sensor networks.” The announcement was made at the applied non-nuclear research funding in the 7th Energy Research Program called ‘ Innovations For The Energy Transition ’. Reiterating how good IOTA’s Tangle network is, SUSEE (Secure Sensor Platforms for Smart Energy Networks) has chosen Tangle as the core technology to be used for building its large scale sensor networks. The community is designed to develop a common, secure, open, and sovereign use of data in Europe and beyond. The IOTA Foundation has also announced that it will be joining the Gaia-X community, a project initiated by Europe for Europe and beyond. The program was organized to give a deep dive into the many exciting features of IOTA 2.0. The symposium featured renowned professors and researchers in the field of DLT.
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