#ai development companies in ajman

[furiousstarfishphilosopher]

Tektronix Technology: Pioneering the Future with AI Solutions

In an era where technology is advancing at an unprecedented pace, artificial intelligence (AI) has emerged as a transformative force, reshaping industries and revolutionizing the way we live and work. AI solutions are no longer confined to science fiction; they have become an integral part of our daily lives, offering innovative solutions to complex problems. In this blog, we'll delve into the world of artificial intelligence solutions, exploring their diverse applications and the impact they are having across various sectors.

The Power of AI Solutions

Artificial intelligence is more than just a buzzword; it's a game-changer. With its ability to process vast amounts of data, learn from patterns, and make informed decisions, AI solutions are driving advancements across domains.

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[ajman-university-blogs]

Unlocking the Future with a Master of Science in Artificial Intelligence at Ajman University 

Artificial Intelligence (AI) is transforming industries and redefining the future of work, innovation, and technology. AI's applications are vast and versatile, from healthcare and finance AI's to entertainment and transportation. For those looking to lead in this era of rapid technological advancement, a Master of Science in Artificial Intelligence from Ajman University offers the perfect blend of theoretical and practical knowledge. With a robust curriculum, hands-on experiences, and a future-forward approach, this program sets students on the path to becoming AI pioneers. 

 The Scope of Artificial Intelligence: A Modern Perspective 

The importance of AI in shaping our world cannot be overstated. As businesses and governments increasingly rely on automation, machine learning, and data analytics, the demand for skilled AI professionals has skyrocketed. 

 Upcoming Trends and Innovations in the Field of Artificial Intelligence 

The field of AI continues to evolve, with new innovations emerging rapidly. Some of the most exciting AI trends include: 

- Natural Language Processing (NLP): AI's ability to understand and generate human language is advancing quickly. This has applications in chatbots, voice assistants like Siri and Alexa, and even AI-generated content. 

- Autonomous Systems: Thanks to advances in AI algorithms, self-driving cars, drones, and robots are becoming more reliable and prevalent. 

- AI in Healthcare: AI is transforming diagnostics, personalized medicine, and robotic surgery, leading to improved patient outcomes and lower healthcare costs. 

- AI Ethics and Governance: As AI becomes more integrated into everyday life, discussions around its ethical use are gaining importance. These include issues like data privacy, bias in AI systems, and the societal implications of automation. 

 The Role of AI in Shaping Future Technological Advancements 

AI's Influence on technology goes beyond specific industries—it is becoming the foundation of future innovations. AI enhances the Internet of Things (IoT), cloud computing, and quantum computing, leading to smarter, faster, and more efficient systems. AI innovations are essential for advancements in everything from sustainable energy solutions to space exploration. 

 Why Pursue a Master’s in AI? 

With AI's growing prominence in nearly every sector, professionals who are well-versed in AI technologies will be highly sought after. A Master of Science in Artificial Intelligence can open doors to numerous career opportunities as companies seek individuals who can develop, implement, and manage AI systems effectively. 

 Benefits of Deepening Your Knowledge in AI Through Advanced Studies 

While undergraduate studies provide a foundational understanding of AI, a master's allows for deeper exploration of the subject. Pursuing advanced studies in AI at Ajman University offers several benefits: 

- In-depth Learning: Students can specialize in machine learning, AI ethics, and robotics, gaining expert knowledge. 

- Research Opportunities: Graduate-level research allows students to contribute to cutting-edge developments in AI, solve real-world problems, and push the boundaries of what AI can achieve. 

- Collaborative Learning Environment: The master's program at Ajman University fosters a collaborative environment where students can work alongside peers, faculty, and industry experts to enhance their learning experience. 

 Specific Skills and Expertise Gained from a Master's 

The Master of Science in AI at Ajman University equips students with both the theoretical knowledge and practical skills needed to thrive in the AI industry. Key skills include: 

- Advanced Machine Learning: Understanding how machines can learn from data and improve their performance over time. 

- Deep Learning Techniques: Exploring neural networks and algorithms that power AI systems such as facial recognition, image analysis, and autonomous vehicles. 

- Data Analysis and Interpretation: Analyzing complex data sets and using AI algorithms to extract meaningful insights and predictions. 

- Problem-Solving and Innovation: Using AI to solve real-world challenges in various industries, from improving customer experiences to optimizing business processes. 

These skills ensure that graduates are prepared to enter the AI workforce and capable of driving innovation within their organizations. 

 Key Features of the Master of Science in Artificial Intelligence Program at Ajman University 

Ajman University's Master of Science in AI is designed to provide students with comprehensive training in all aspects of AI. The program's structure, which balances theoretical instruction with hands-on experience, prepares students for real-world challenges in AI-driven industries. 

 Overview of Core Courses and Specializations Offered in the Program 

The Master of Science in AI at Ajman University covers a range of core courses and specializations, ensuring that students have a broad understanding of AI fundamentals while also allowing them to focus on areas of interest. Key courses include: 

- Artificial Intelligence and Machine Learning: Delve into the core concepts and algorithms that drive modern AI systems. 

- Deep Learning and Neural Networks: Learn how deep learning algorithms simulate the workings of the human brain to perform complex tasks. 

- Robotics and Autonomous Systems: Explore how AI is used in robotics to create machines that can perform tasks autonomously. 

- AI Ethics and Governance: Address the ethical concerns associated with AI, including privacy, bias, and accountability. 

Specializations allow students to tailor their education to their career goals, whether that be in healthcare, robotics, or AI governance. 

 Details About Hands-On Projects, Research Opportunities, and Practical Experience 

Ajman University's Master’s program emphasizes practical experience and research opportunities. Students participate in hands-on projects that allow them to apply AI concepts to real-world challenges. These projects often involve partnerships with leading industries in the UAE and abroad, allowing students to work on innovative solutions in healthcare, finance, and autonomous vehicles. 

Additionally, students have access to research opportunities to collaborate with faculty members on cutting-edge AI projects. These research initiatives help students develop critical thinking skills and the ability to apply AI theories to practical situations. 

 Career Opportunities in AI 

Graduating from Ajman University of Science in an AI program opens doors to numerous AI career paths. AI professionals are in high demand in various industries, including: 

- Healthcare: AI professionals are needed to develop predictive models for disease diagnosis, personalized treatment plans, and robotic surgery tools. 

- Finance: The finance industry leverages AI for fraud detection, algorithmic trading, and customer service enhancements. 

- Automotive Industry: Autonomous vehicles rely on AI for navigation, obstacle detection, and decision-making processes. 

- Tech Companies: Major companies like Google, Amazon, and Microsoft constantly seek AI experts to develop innovative product and service solutions. 

With AI job opportunities growing rapidly, there has never been a better time to pursue a career in artificial intelligence. Ajman University's Master of Science in Artificial Intelligence provides students with the skills, knowledge, and practical experience needed to succeed in this cutting-edge field. From hands-on projects to networking with industry leaders, the program is designed to prepare students for a successful career in AI, ensuring they are well-equipped to tackle the challenges of tomorrow. 

If you want to unlock the future of AI, Ajman University is your gateway to success in the ever-evolving world of AI. 

[tinydreamerphilosopher]

iot companies in uae , Smart IoT uae , Smart IoT dubai , Smart IoT abu dhabi  ,  iot dubai ,  iot dubai abu dhabi  , iot technology uae  , iot tracking device iot company abu dhabi . iot company uae , iot companies saudi arabia  

Tektronix, technologies brings its highly informed expertise in IoT (Internet of Things) and Artificial Intelligence (Ai) to the world. Tektronix technologies has engineered the best in its class IoT solutions and Ai solutions. Tektronix technologies can boast about being one of the best IoT Solutions and Ai solutions provider in Dubai, Abu Dhabi and All over the UAE IoT Companies Dubai , IoT Companies Abu Dhabi

[creativeautomation]

Why are people moving to Smart homes in Dubai?

      Abu Dhabi was once heavily oil-dependent. The city has, however, transformed itself and today stands as a leading tourist destination, offering a high standard of living with a well-developed transportation network and a focus on developing science and technology. And to remain on the cutting-edge, the city has now shifted its priority to smart city development.

One such smart city initiative – Masdar City – was launched 10 years ago. Just a short drive from Abu Dhabi International Airport, the goal is to develop the area into a high-tech hub for companies across the world. Indeed, on the 2019 Smart City Index, published by the Institute for Management Development (IMD), Abu Dhabi ranks second in the Middle East, only slightly behind its neighbour Dubai. Globally, Abu Dhabi sits at number 56, ahead of international metropolises such as Tokyo and Osaka.

In 2019, the first Abu Dhabi Smart City Summit was held. A milestone in the city’s development, it served as a launchpad for smart city construction that had a real impact on people’s lives, delivering higher standards in terms of reliability and energy efficiency.

RELIABLE POWER FOR SMART HOMES

Integral to any smart city, smart homes directly impact the daily lives of residents, allowing them to experience the benefits of technology intelligence.

To develop smart homes within their precincts, several smart city project operators in Abu Dhabi have teamed up with technology providers to achieve their goals.

As a provider of smart home solutions and smart centralised Building Management Systems (BMS), Ubiquitous Telecommunications Technology (UTT) is currently working on numerous projects within the UAE capital. One of the most ambitious projects it is working on is the AI Reem Island project – spanning six towers and 1,272 apartments. Developed to cater to middle-class investors, the project was divided into two phases and, in each phase, two sets of physically isolated security access control networks and closed-circuit television (CCTV) networks were required. The project also needed a range of ICT devices to support data communication, data storage, and data processing. To ensure a constant power supply for all these devices, UTT required a reliable uninterruptible power supply (UPS) system. It also wanted to have both local and remote management access that is easy to use as well as a UPS system that offers low environmental impact and high efficiency.

BUILDING A RELIABLE ENERGY BASE

To help realise the UAE government’s goal and vision of delivering smart services and experiences through technologies, accelerating smart city construction, and building a ‘smart’ Abu Dhabi — UTT turned to Huawei’s UPS2000-G solution.

The UPS2000-G is a carrier-class UPS system that ensures zero interruptions of power supply for key devices with an efficiency rate of 95 per cent – a figure that reaches 98 per cent in eco mode – combined with low power consumption. In terms of online and remote management, all UPS systems are connected to a unified management platform, significantly simplifying user interface operations as well as device maintenance.

As more and more smart city projects are implemented in Abu Dhabi and across the wider UAE region, there will be an increased focus on working with technology providers who offer products and services with higher efficiencies that deliver greater value.

Website:  https://www.creative-ae.com/services-sub.php?link=smart-home-automation-dubai

Address: Office #207, Block A, Ajman Twin Towers, Sheikh Khalifa Road, Ajman, U.A.E

Contact: +971 6 731 5119

[s4g2]

Know the Traits of the Best Digital Marketing Agency

Selecting a digital marketing firm to help your company achieve it short and long-term business goals should be a simple decision. But, it is not thanks to the vast number of agencies claiming to the best digital marketing agency for your business. Needless to say, all the agencies cannot be great and you have to carefully weed through to find the perfect firm for your company. To make things easy for you, given below are some of the traits or qualities of great Internet marketing companies that you need to watch out for.

Digital Experience and Expertise

For an online marketing agency to really be the best, it must have expertise across various digital marketing channels. This is because Internet users are spending their time browsing, accessing content and researching ideas on not just one, but multiple platforms. Moreover, the advent of smartphones has made it mandatory for Internet marketing firms to be proficient in advertising business on both desktop and mobile devices. So, it is recommended that you select a company with a proven track record of generating leads and enhancing sales in the web space. Additionally, the company should be an expert in providing services like, email marketing campaigns, website design and development, social media marketing, PPC ads, content writing, SEO, online reputation management, link building and so on.

Focus on Ongoing Learning

The world of digital marketing is relatively new and massive changes are taking place every single day, such as search engine rolling out updated algorithms, social media platforms implementing new technologies and so on. Even the industry of AI, VR, and AR are massively influencing the way products and services are promoted online. The bottom line is, the same old strategies will not work year after year. To stand out from the rest, it is important to constantly embrace new trends and employ them for higher rankings and more website traffic. The best digital marketing agency will significantly invest time and effort in mastering new technologies, platforms, theories and more.

In-house Team of Passionate and Dynamic Professionals

A digital marketing agency of choice is one that is capable of handling all online marketing needs in-house. It should have a team of certified, talented and passionate individuals who are dedicated to helping clients like you flourish and thrive in the competitive online space. The professionals must be readily available to clear any doubts that you might face during your association with them.

Emphasis on User-experience

Irrespective of what strategy the agency is implementing to promote your business, the emphasis must always be on user-experience. Since the Internet users are extremely impatient and quick to judge, they are a tough crowd to please. Whether it is designing your website, writing blogs or creating social media campaigns, a focus on user-experience must shine through. At the end of the day, all kinds of online marketing efforts are for the purpose of impressing the end-users.

Data-driven Approach

Successful marketing campaigns are based on data, analytics and measurements. A good agency will always start by conducting a technical audit before coming up with a strategy. Even after the implementation of the tactics, the agency will track and measure the success rate of the techniques. If need be, they may even tweak the campaigns for acquiring better results. Such agencies will not hesitate to share their findings and data in the form of monthly reports with you.

The choice of a digital marketing agency is more important than what you think. A good collaboration will result in your business becoming a force to reckon with in your niche. On the other, partnering with an unreliable company will result in the drain of your financial resources and loss of precious time. So, make sure to research and check out the above-mentioned qualities before taking a decision.

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[dailycryptonews-blog]

Crypto News - Meet DEEP AERO – the Blockchain-Oriented Company Providing Drone Technology

Meet DEEP AERO – the Blockchain-Oriented Company Providing Drone Technology DEEP AERO is releasing DRONE tokens during its initial coin offering (ICO) that started on May 1, 2018. As a potential investor, you would probably be interested to know more about the company’s vision and values. In th... You May Likes reading: Also Read: How to Buy Bitcoin With USD Dollar

Meet DEEP AERO – the Blockchain-Oriented Company Providing Drone Technology

DEEP AERO is releasing DRONE tokens during its initial coin offering (ICO) that started on May 1, 2018. As a potential investor, you would probably be interested to know more about the company’s vision and values. In the following lines, you’ll get relevant insights about the people behind DEEP AERO and the company’s initiatives, which will help you rely your investment decision on strong fundamentals.

DEEP AERO is a company focused on drone technology innovations. It is leveraging artificial intelligence (AI) and blockchain technologies to create game-changing solutions for the drone economy. The company is headquartered in Ajman, United Arab Emirates (UAE), and has offices in Southeast Asia.

At the moment, DEEP AERO is trialing prototype technologies such as dynamic geofencing, airspace design, congestion management, route planning, re-routing, terrain avoidance, separation management, sequencing and spacing, and contingency management among others. The company is implementing the technology in every possible area where drones can provide transformative solutions. With a little creativity, one can note that the drone technology can be adopted by any market sector, such as transport, agriculture, healthcare, insurance, and education among others. Nevertheless, DEEP AERO is particularly interested in transforming the cities’ transportation systems by creating aviation and cargo delivery systems.

DEEP AERO Team

The UAE-based company is backed by a talented team that has the ambition to accelerate the drone technology adoption.

The company’s executive team is organized as follows:

Chief Executive Officer– Gurmeet Singh Gurmeet has a Bachelor’s degree in Business Administration and Management from Delhi University. He is an early adopter of the drone technology and is confident that it can offer great benefits for consumers, industry and law enforcement.

Chief Financial Officer– Mayank Jain Mayank has a Bachelor’s degree in Commerce from Delhi University and a degree in Accounting and Finance from the prestigious Institute of Chartered Accountants of India (ICAI).

Vice President– Harsh Sharma Harsh has a Bachelor’s degree in Applied Science from the Kirori Mal College and a Master’s degree in Business Administration from the European Management Institute. He is also the founder and Director of New Delhi-based ZAP Realtors Pvt Ltd.

DEEP AERO can boast with a skilled technology team:

Principal Technical Architect– Kamaldeep Dhanju

Chief Blockchain Architect– Thomas McLaughlin

Technical Manager– Rushdeep Singh

Blockchain Expert– Navin Kapoor

Technology Consultant– Prabhjeev Narang

Blockchain Consultant– Kamlesh Nagware

Blockchain Engineer– Karthikeyan Thangavel

Blockchain Engineer– Sameep Singhania

Blockchain Researcher– Rajasekhar Guttapalli

Automation Testing Expert– Jagpreet Singh

As you can note from the company’s positions, the team is keen to explore the blockchain technology in the context of drone economy.

Blockchain, also called distributed ledger technology (DLT), is a revolutionary technology that revolves around a ledger that is replicated in multiple versions distributed among many servers. Whenever a new update is made in the system, such as a transaction, all the ledger replications validate it based on consensus. The fact that the ledger is stored in multiple servers makes it resistant to hacks. Blockchain ensures transparency, security, and low costs, given that it reduces the need for intermediaries.

The DEEP AERO team is also guided by an experienced group of advisors.

DEEP AERO Products

Despite it being a young company, DEEP AERO has already made a name and came out with several innovative products. Currently, the firm is working to launch three main products:

Passenger & Cargo Drones, which are vertical take-off and landing (VTOL) aircrafts transporting people and goods. If you’re new to this, VTOL refers to any aircraft that has the ability to hover, take-off and land vertically. Here is how a passenger drone looks like:

https://www.deepaero.com/docs/DEEP-AERO-White-paper.pdf

DRONE-UTM, which is a blockchain-based drone traffic management platform that is decentralized, intelligent, self-aware, and autonomous.

DRONE-MP, which is a marketplace for drone-related products and services.

The DRONE-UTM, which derives from unmanned traffic management, is a platform that was presented quite recently.

Commenting on the new system, CEO Gurmeet Singh reportedly said: “The use of unmanned aerial vehicles is increasing exponentially. We’re heading towards a future in which millions of drones will fly billions of flights.”

“At some point in the not-too-distant future, fleets of commercial drones are expected to swarm across the skies. Current airspace management and air traffic flow management systems don’t have the capabilities to handle the type of operations relevant to drones. In addition, the anticipated traffic density of drones is far beyond the capabilities of current air traffic management systems,” he added.

DEEP AERO Projects

The company is currently working on the UTM and MarketPlace development, sticking to its roadmap. To create a community and raise funds, DEEP AERO is also conducting an ICO event, releasing its DRONE tokens, which are priced at around 5 US cents.

The pre-sale period started on March 30 and was live until April 15, while the public sale started on May 1 and is arranged in three phases, with different bonus sizes depending on the period. Currently, investors can enjoy the most generous bonuses during Phase 1, which ends on May 15. During this stage, you can get:

25% bonus for investing 100 ETH or more;

20% bonus for investing10-100 ETH;

15% bonus for investing less than 10 ETH.

DEEP AERO aims to launch its MarketPlace product in September 2018. Next year in April, it wants to launch its UTM Beta Version Platform, with the full version being launched by October 2019. In July of the next year, the company hopes to start operating with cargo drones, while in January 2020, it should launch the passenger drone operations.

To support its growth, DEEP AERO partnered with VLK Aerospace, a legal and consultancy firm that provides manned and unmanned aviation-related solutions, and ethoss, a Leipzig-based international service agency.

Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

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  source: https://globalcoinreport.com/meet-deep-aero-blockchain-oriented-company-providing-drone-technology/

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Source #bitcoin #news #cryptonews #cryptocurrency #dailybitcoinnew #todaynews

[iota-news]

This year marks blockchain´s 10th birthday, after Satoshi Nakamoto created it with the purpose of using it for the first cryptocurrency ever, Bitcoin, and Dubai has become a leader in the field.

“Dubai is a pioneer in the blockchain space, says Mohamed Rashid, the co-founder and chief technical officer at WaveX, a peer-to-peer crowdfunding and energy trading market place.

Blockchain technology consists of a decentralised, distributed public digital ledger to record transactions, verified by miners to avoid duplications. Since its creation, blockchain has ushered in a new raft of applications.

Mr Rashid also works full-time as an implementation consultant for blockchain projects at Avanza Innovations in Dubai, which, according to the company, “builds future-proof tech that reshapes how organisations function, today and beyond”.

“In Avanza Innovations we are building a blockchain agnostic adaptor called Cipher that has the capability to communicate with any underlying blockchain technologies,” he says. “Cipher is currently being used in a Dubai Pay reconciliation and settlement project done by Avanza. Moreover, at WaveX, we are trying to democratise the electricity industry by giving people investment opportunities in utility industry and the ability to sell any excess electricity.

“We are currently in the live testing phase with the help Ajman University’s Innovation Center, and will be out of the testing phase soon,” he says.

Mr Rashid says the fundamental goal of blockchain is, in his opinion, “to bring power to the masses, and it is slowly achieving that goal”.

Blockchain is today present in many sectors; from securing property rights in the real estate lifecycle, in tracking shipments in the transport industry, in the healthcare sector to create a common database of health information that doctors and providers can access, in fintech through solutions for borrowing money or buying cryptocurrencies, in digital commerce for more secure shopping, in smart cities, to digital personal identification, verifying the academic data of overseas students and of labourers hired to work from abroad, and in the energy sector through smart solutions enabling resources to be used more efficiently.

Mr Rashid says he was introduced to blockchain development in late 2016 during the Blockchain Hackathon organised by World Government Summit. “I was [working] in sustainability for some time, and I wanted to bring the power of blockchain to help the environment and create a new economy powered by people,” Mr Rashid says.

Nevertheless, he sees power requirements, speed of transactions and fees as among the limitations of the technology at present: “High energy consumption for proof of work [PoW] based algorithms, and high transaction confirmation times are some of the big challenges.” PoW is an economic measure to deter denial of service attacks and other service abuses such as spam on a network by requiring some work from the service requester, usually meaning processing time by a computer.

“Moreover, increasing transaction fees is also another hurdle, but the community is actively working on coming up with technologies to overcome these problems.”

Youssef El Allali, an artificial intelligence (AI) and blockchain developer at Dubai-based ArabianChain Technology, concurs. His says he first came into contact with blockchain via bitcoin five years ago: “I was really fascinated by this new trust protocol that allows anyone to make transactions anonymously and with very acceptable fees. But, he says, “With time, problems started to pop up. First, mining becomes centralised and only people with asic-mining devices were able to profit from it, transaction fees went high, and the number of unconfirmed transactions was skyrocking.”

New blockchains emerged trying to solve some of the bitcoin’s issues, he says, as others aimed to expand the use and application of the technology. “It lead to great innovation, new consensus algorithms, smart contracts, DApps [Decentralised Applications], and permissioned blockchains. Those blockchains had very interesting features but a very big limitation: scalability,” Mr El Allali points out. Blockchain tech for Bitcoin suffers from blockages. “Bitcoin makes seven transactions per second,” Mr El Allali says. Ethereum approves 13 transactions per second, Paypal makes 115, and Visa reaches to 4,000.

One new technology that appears to address the issue of scalability is Iota, a cryptocurrency but, unlike just about every other cryptocurrency, it’s not built on a blockchain. Aiming to design a distributed ledger that’s low-cost and scalable enough for the Internet of Things (IoT), the project’s developers started from scratch in 2016 and built a new sort of structure they call the “Tangle”.

Every time a node wants to transfer some value, it must validate two previous transactions. This validation requires a small amount of PoW in order to secure the network, meaning that transactions are not strictly free. But, since there is no distinct group of miners who must be compensated, there are no fees with Iota. Proponents argue that this no-fee structure enables the kind of microtransactions that would be impossible with Bitcoin.

Sceptics point out that while the Iota Foundation has built a working Tangle – the only one – there is a gulf between the ideal of the Tangle and the reality of Iota. The developers face a number of challenges in getting their technology ready for the IoT, and some of their decisions have attracted strong criticism.

Iota is a public distributed ledger that stores transactions in a directed acyclic graph (Dag) structure, and removes the cost of the energy inefficient mining process required by many Bitcoin-based cryptocurrencies and it grows via transactors, not miners, thus avoiding centralisation.

Its makers are aiming for it to be the backbone of the emerging machine-to-machine (m2m) economy of the IoT, data integrity, micro-/nano payments, and other cases where a scalable decentralised system adds value.

“Iota’s network becomes faster with more transactions, which is the exact opposite in the case of blockchain,” Mr El Allali says. “Also, a node only needs a small part of the Dag to make transactions and you can make transactions without fees.” He adds that Iota networks can handle more than 500 transactions per second, and he expects Iota will expand as more people and entities take it up, making it a better solution for m2m and micro transactions.

As a way to compare the two technologies, blockchain works like a restaurant where customers are served by a finite number of waiters while Tangle offers a buffet where everyone is served at the same time, so increasing the number of machines running Iota will speed up the network. Transactions can be validated from any device: phone, car, even smart fridge.

Iota’s proposed application, IoT, could benefit enormously from a network able to complete high volumes of minute transactions, according to a report by Nasdaq.com. Making that network trustless and distributed, as Iota aims to do, could open up new economic possibilities. A smart device could “pay its assembly, its maintenance, its energy and also for its liability insurance by giving data, computing power, storage or physical services to other machines”, Carsten Stöcker and Kerstin Eichmann of innogy wrote in a post on Iota’s blog.

But Iota is likely to be an alternative to blockchain rather than erdicate it, as a lot of hardware will be necessary as more people and machines join the Tangle: “Iota, or Dag distributed systems in general, have great potential in the Internet of Things [world] and for micro transactions, but I don’t think it will replace blockchain,” says Mr El Allali.,

Iota and ‘Tangle’ set to put blockchain on the block was originally published on thenational.ae. The IOTA-News Community curates, examines, and summarizes news from external services while producing its own original material. Copyrights from external sources will be credited as they pertain to their corresponding owners. The purpose is to make use of 3rd party content or pictures as either allusion or promotional endorsement of mentioned sites. If you have a claim of copyright infringement with respect to material, please mail to support[at]iota-news.com. IOTA-News.com is a community run website and is NOT affiliated with the IOTA Foundation in any way.

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