• IOTA Foundation has recently joined forces with Pickert, a German software firm. 
  • Through the collaboration, IOTA will deploy its Tangle distributed ledger framework in smart manufacturing.

According to a recent blog post, the IOTA Foundation has partnered with Pickert, a German software company, to deploy its Tangle distributed ledger framework in smart manufacturing. The use of Tangle will enhance transparency and significantly reduce defects found in smart manufacturing, as per the announcement.

As part of the collaboration, IOTA will demonstrate how Tangle can be deployed in smart manufacturing with a focus on digital twins and zero-defects production. Intending to leverage blockchain technology in the field, Pickert creates “Digital Twins” for manufacturers. The firm provides an analytical framework that identifies errors in the production process using these Digital Twins. With the help of IOTA, Pickert can store digital cufflinks and product data in a global database for access from anywhere.

Holger Köther, an executive from IOTA, said:

Pickert impressively demonstrates the benefits of utilizing IOTA for digital twins in manufacturing. Not only is the data stored immutably, it can also easily be enriched by manufacturing partners as part of a larger and more complex digital twin. IOTA’s digital infrastructure provides the trust to document authenticity and provenance and add transparency across different industries.


 


Note: All information on this page is subject to change. The use of this website constitutes acceptance of our user agreement. Please read our privacy policy and legal disclaimer. Opinions expressed at FXstreet.com are those of the individual authors and do not necessarily represent the opinion of FXstreet.com or its management. Risk Disclosure: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.

Recommended content


Recommended Content

Editors’ Picks

Whale grabs 16,000 ETH as Ethereum Foundation vows support for L1, RWA and stablecoins

Whale grabs 16,000 ETH as Ethereum Foundation vows support for L1, RWA and stablecoins

Ethereum Foundation's Co-Executive Director Tomasz K. Stańczak highlights simplified roadmap scaling blobs and improving L1 performance. Ethereum whale scoops 16,000 ETH, emphasizing growing interest in the token as the price recovers.

More Ethereum News
Bitcoin retests key resistance at $85K, breakout to $90K or rejection to $78K?

Bitcoin retests key resistance at $85K, breakout to $90K or rejection to $78K?

Bitcoin (BTC) price edges higher and approaches its key resistance at $85,000 on Monday, with a breakout indicating a bullish trend ahead. Metaplanet announced Monday that it purchased an additional 319 BTC, bringing its total holdings to 4,525 BTC.

More Bitcoin News
XRP price teases breakout, bulls defend $2 support

XRP price teases breakout, bulls defend $2 support

Ripple (XRP) price grinds higher and trades at $2.15 during the early European session on Monday. The token sustained a bullish outlook throughout the weekend supported by bullish sentiment from the 90-day tariff suspension in the United States.

More Ripple News
Senator Elizabeth Warren launches fresh offensive on crypto

Senator Elizabeth Warren launches fresh offensive on crypto

Senators Elizabeth Warren, Mazie K. Hirono, and Dick Durbin want the DoJ’s decision to terminate crypto investigations reversed. The Senators raise concerns over the DoJ’s shift in priorities, terming it a “grave mistake.” 

More Cryptocurrencies News
Bitcoin Weekly Forecast: Market uncertainty lingers, Trump’s 90-day tariff pause sparks modest recovery

Bitcoin Weekly Forecast: Market uncertainty lingers, Trump’s 90-day tariff pause sparks modest recovery

Bitcoin (BTC) price extends recovery to around $82,500 on Friday after dumping to a new year-to-date low of $74,508 to start the week. Market uncertainty remains high, leading to a massive shakeout, with total liquidations hitting $2.18 billion across crypto markets.

Read full analysis
The Best brokers to trade EUR/USD

The Best brokers to trade EUR/USD

SPONSORED Discover the top brokers for trading EUR/USD in 2025. Our list features brokers with competitive spreads, fast execution, and powerful platforms. Whether you're a beginner or an expert, find the right partner to navigate the dynamic Forex market.

Read More

BTC

ETH

XRP