Together with world-leading academics, standardization bodies and enterprises, IOTA launched the Industry Marketplace - a vendor and industry neutral platform that automates the trade of data, goods and services. Within the Industry Marketplace, devices operate as autonomous, independent economic agents that cooperate and trade resources and services with one another based on supply and demand.
The Industry Marketplace builds on specifications developed by the Plattform Industrie 4.0 (Germany’s central network for digital transformation in manufacturing). It combines a decentralized identity system and standardized machine-readable contracts, to create a system for decentralized exchange. IOTA’s distributed Ledger allows devices to communicate securely, exchange data, goods, services and payments and provides a decentralized, immutable audit trail for asset offers, requests, and orders.To try the demo and read more about the Industry Marketplace, visit: https://industrymarketplace.net/