Siemens, the largest industrial technology company in Europe, is working with the Ledgers distributor for the minimum Internet (IoT) Internet builder, to integrate blockchains into the German giant devices in the automotive, robotic and energy sectors.
MINUA is working with the Siemens Cre8ventures division, an initiative to accelerate industrial transformation by collaborating with new companies in AI fields, digital twins, cybersecurity and more, companies said in a press release on Tuesday.
A gradual evolution of computer capabilities towards the edges of the networks has seen a greater need for safety and data integrity to be integrated into these scale edge devices, which is where IoT level block chains are useful
It is an interesting change since Blockchain technology could have been originally considered the antithesis of large companies, in terms of decentralizing and eliminating all kinds of intermediaries, said the CEO of Minim Hugo Feiler.
“But as the energy goes to the edge of these devices, even large business clients must ensure that there is resilience through that,” Feiler said in an interview. “And, therefore, the capacity of these large business companies to execute a decentralized system is also a critical mission for them.
Minua announced at the end of last year that I was working with the giant semiconductor arm to develop a microchip with an integrated decentralized accounting book. The association with Siemens, which continued from the agreement with the mine arm, will promote the sovereignty objectives of the EU Chips Law, introduced in 2022 to reduce the dependence of foreign chip manufacturers, said Minua.
“Minher allows the IoT team to execute a complete node, so that they can participate independently in a blockchain network without trusting external servers or centralized intermediaries, eliminating all the central fault points and guaranteeing totally decentralized security, the integrity of the data and the verification without trust. Market,” said a Siemens representative in a statement.
