The IOTA foundation, the company behind the IOTA cryptocurrency, has just launched what it calls the Industry Marketplace. This is, according to its blog-post, the first-ever autonomous decentralized marketplace:
“After forming a consortium of world-leading academics, standardization bodies, enterprises and thought leaders, we are excited to present our joint development that will greatly accelerate industrial automation and commercial machine interaction.”
Most of the platform focuses on industrial automation – it wants to be a space that combines “distributed ledger technology with established standards and openly-developed specifications,” and help build an entire platform “for the economy of things.”
The platform won’t be a traditional cryptocurrency trading space like many companies build nowadays. Instead, it will exist as “a vendor and industry-neutral platform” with an automated way to trade goods and services.
Overall, the Industry Marketplace will use blockchain distributed ledger tech, audit logs, “eCl@ss standards,” and machine-readable contracts, the post reads.
Of course, as with many blockchain-based projects, this one is open-source. Anyone can join the space that prides itself on “open innovation” and hopes to be a space for partners to collaborate with one another.
As more and more people adopt the Industry Marketplace, we’ll begin to see the industrial automation space begin to grow with more tasks being fed to artificial intelligence. The IOTA Foundation will do its best to provide support for any companies looking to participate in the project.
To push the project even further, the IOTA Foundation is partnering with eCl@ass, OvGU, HSU, Neoception, and WeWash.
Trusted & Regulated Stock & CFD Brokers
What we like
- 0% Fees on Stocks
- 5000+ Stocks, ETFs and other Markets
- Accepts Paypal Deposits
Min Deposit
$200
Charge per Trade
Zero Commission on real stocks
64 traders signed up today
Visit Now67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Available Assets
- Total Number of Stocks & Shares5000+
- US Stocks
- German Stocks
- UK Stocks
- European
- ETF Stocks
- IPO
- Funds
- Bonds
- Options
- Futures
- CFDs
- Crypto
Charge per Trade
- FTSE 100 Zero Commission
- NASDAQ Zero Commission
- DAX Zero Commission
- Facebook Zero Commission
- Alphabet Zero Commission
- Tesla Zero Commission
- Apple Zero Commission
- Microsoft Zero Commission
Deposit Method
- Wire Transfer
- Credit Cards
- Bank Account
- Paypall
- Skrill
- Neteller
What we like
- Sign up today and get $5 free
- Fractals Available
- Paypal Available
Min Deposit
$0
Charge per Trade
$1 to $9 PCM
Visit Now
Investing in financial markets carries risk, you have the potential to lose your total investment.
Available Assets
- Total Number of Shares999
- US Stocks
- German Stocks
- UK Stocks
- European Stocks
- EFTs
- IPOs
- Funds
- Bonds
- Options
- Futures
- CFDs
- Crypto
Charge per Trade
- FTSE 100 $1 - $9 per month
- NASDAQ $1 - $9 per month
- DAX $1 - $9 per month
- Facebook $1 - $9 per month
- Alphabet $1 - $9 per month
- Telsa $1 - $9 per month
- Apple $1 - $9 per month
- Microsoft $1 - $9 per month
Deposit Method
- Wire Transfer
- Credit Cards
- Bank Account
Share
Max Moeller
