IOTA Cooperates with Pantos for R&D Lab

by in Blockchain News


IOTA builds a partnership with Pantos to develop blockchain and distributed ledger technology within the framework of a new research institution aimed to innovate the two structures.

On November 26, authorities informed that the multi-blockchain asset protocol Pantos and IOTA, along with Austria’s Federal Ministry for Digital and Economic Affairs uncovered the new Christian Doppler Laboratory or CDL-BOT.

The institute was opened on November 26 in Vienna under the leadership of an Associate Professor at TU Wien, Stefan Schulte.

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Experimenters of the new institute will attempt to discover ways to manage powerful and durable compatibility between DLT networks and IoT services. Among their objectives is to make the world a complete digital place through computer science.

IOTA Foundation keeps taking steps to make the network completely decentralized. IOTA said in November that its Chrysalis Phase 2 is maintaining regular improvement. The use of IOTA is expanding. It was known in October that three experimenters from a Taiwanese used IOTA’s Tangle technology to design an advanced variant of BitTorrent.