Iota, IoT Firm Evrythng Partner to Increase Transparency for Consumer Goods Supply Chain
April 19, 2019 / Marie Huillet
Iota and internet of things (IoT) firm Evrythng announced a partnership to combine and apply their distributed ledger and IoT technologies to provide greater transparency for consumer goods supply chains. The news was revealed in a press release on April 17. According to the press release, Evrythng’s focus is to implement IoT and DLT technology to create unique, interactive and trackable identities for consumer products, with the aim of fostering greater transparency for both supply chain stakeholders and consumers. The partnership will reportedly see Evrythng’s Blockchain Integration Hub expand to include integrations with Iota’s distributed ledger protocol, known as Tangle.