Within the final couple of years, the IOTA Basis began to proactively take part in collaborative analysis and improvement efforts, funded by the EU fee. The principle function has been twofold, to allow different events to leverage the facility of IOTA protocol in fixing new issues and to determine and work on new necessities that might enhance the long-term know-how maturity and adoption.
The belief of the IOTA Basis as companions in such initiatives has grown since then. We at the moment are glad to see that, following the +CityXchange challenge and different Local weather KIK initiatives, IOTA know-how is more and more getting used for public good as a safe and open infrastructure that gives digital belief.
As affirmation of this, early this 12 months, after a aggressive choice course of, IOTA was awarded as one of many recipients of the Dig_it grant, a brand new collaborative challenge funded underneath the EU Horizon 2020 programme. The Dig_it challenge is a Analysis and Innovation Motion (RIA) that brings collectively a consortium of 16 companions unfold throughout Europe. Over a interval of 48 months, the Dig_it consortium will leverage 7 Million EUR of funding to digitize the mine provide chain (gold, copper, charcoal) and to create a extra sustainable mining trade.
The challenge formally kicked off on Could fifth. Due to the journey restrictions and social distancing measures at present in place in Europe, this was a digital kick-off assembly. The assembly was attended by all companions. The challenge is coordinated by ITAINNOVA, a analysis and improvement group based mostly in Spain and contains numerous know-how companions and exploitation/adoption companions, straight concerned within the mining trade.
The appointed know-how companions are: Brunel College, Core Innovation, Tau, Rotech know-how, LIBRA AI, ICCS Analysis, EUROCORE, STRATAGEM, Libra, SINTEF Molab, SINTEF Helg. & Schneider Electrical. IOTA is the one DLT supplier.
This makes IOTA the one know-how chosen to create a trusted layer of information sharing for the mine provide chain of the long run.
The ambition of the Dig_it challenge is straightforward: acquire knowledge from the mining trade utilizing an Industrial Web of Issues Platform and remodel it into data and actions geared toward bettering the well being and security of the employees of this trade in addition to the trade affect on the surroundings.