The IOTA Foundation is participating in EBSI’s pre-commercial procurement (PCP), which pilots new distributed ledger technology (DLT) solutions to underpin the evolution of EBSI.
After being selected for Phase 1 of the PCP with six other projects from 35 applicants, IOTA is currently one of five contractors for Phase 2A of the PCP.
We are offering our core technology that can be integrated into the EBSI infrastructure, making IOTA’s functionalities available for institutions and actors from across Europe.
To accelerate the development and uptake of IOTA on the EBSI solution, the IOTA Foundation has joined forces with various companies. For example, software company Software AG will oversee system integration, provisioning of interoperability solutions and the potential exploitation of the associated services. Three other partners are working with IOTA Foundation on the development of different use cases.