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, and also successfully completing rigorous testing in Phase 2A of the EU blockchain Pre-Commercial Procurement the IOTA Foundation has been selected along with two other projects for the last phase to develop and test at a larger scale a distributed ledger solution for delivering improved European-wide blockchain services.
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 partners. The partners will help us in overseeing system integration, provisioning of interoperability solutions and the potential exploitation of the associated services. Moreover the IOTA Foundation is working with the partners on the development of different use cases.