IOTA (MIOTA)’s TangleID to Use uPort For GDPR Compliance
IOTA (MIOTA) is undoubtedly one among the most important crypto-related projects in the market. In the latest development, IOTA’s secure distributed ledger technology will be utilized for powering digital ID cards. The digital identity cards will be powered using Tangle technology. This will ensure that the ID cards are more secure and will help counter identity theft or fraud. The company behind MIOTA, the 9th largest cryptocurrency in the market at present is moving ahead with several projects.
One of their recent projects was the much hyped Trinity Wallet. IOTA announced that the few issues which cropped up during Trinity’s beta testing are being fixed before the full release. Trinity wallet, which is available as both mobile app and desktop versions is an alternative IOTA wallet for the community.
Taipei Smart City Project
Taipei and IOTA entered into a partnership at the start of this year to explore smart city solutions based on ledger technology. The digital ID’s driven by IOTA’s Tangle is one of Taipei’s first initiatives. The City of Taipei along with its Department of Information Technology and BiiLabs are part of this venture. BiiLabs is an upcoming startup focussing on Blockchain technology. Taipei undertakes this venture in a bid to be a Blockchain-driven smart city, much like Dubai. And this application of distributed ledger technology will go a long way in changing the lives of the citizens.
Jim Huang from BiiLabs tweeted about the news. According to him, TangeID will adopt uPort components into the IOTA network for self-sovereign identity management in compliance with GDPR. Moreover, Taipei’s Smart City Project Management Office (TPMO) will build several applications on it as well.
Related Article: IOTA (MIOTA) and Volkswagen to show proof-of-concept at CeBIT 2018
IOTA’s Tangle is constantly in the news of late. It seems the platform is being used by several companies in their projects. One of the recent one’s was Volkswagen. The crypto-company and the vehicle manufacturing giant together presented the proof-of-concept of distributing trusted vehicle software over-the-air at CeBIT 2018.
Taipei will also utilize the Tangle technology to assess and manage the city’s air quality. The Air Box project will develop tiny sensors which will be deployed in homes for monitoring air pollution. The data collected by these sensors will be recorded and analysed using Tangle.
Talking about the project Commissioner of the City’s department of Information Technology Wei-bin Lee said,
“With Taipei City always thinking ahead and with IOTA’s technology, this partnership is a strategic move to usher in the era of smart cities to the citizens of Taipei.”
Image via Shutterstock
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