TrustNote DAG DLT Platform and Winjit Partner to Customize IoT and Blockchain Applications
TrustNote, which is a DAG-based provider and distributed ledger development and technology platform that is used for the tokenized economy has just announced its new strategic partnership.
The company has entered a partnership agreement with the Winjit company, one that has been considered to be a leading Internet of things, the IoT, and the Machine Learning, ML, a software provider that is from India. The partnership was established to ensure they are able to offer their customers with a complete solution that will help in the development of highly customized IoT together with blockchain applications.
The Winjit company has offices in different countries., where most of the customers are fortune 500 companies that are from South Africa, North America, Australia, Europe, and the Asia Pacific region.
More On The Winjit Company
The Winjit company has been looking for a partner who is within the DAG-based blockchain technology, thus, the reason the company went ahead to choose to partner with TrustNote is because it is a DAG-based distributed ledger system, one that has been able to run over the year and has proved to have the capabilities to support the applications that are based on IoT.
Not forgetting the micro-wallet technology for the TrustNote company is also IoT ready, what this translates to is that the resource-limited devices will be able to enjoy the benefits of value exchange that has been brought by the latest blockchain technology that is available in the market.
The Winjit company firmly believes that the autonomous structure together with the governance that is incorporated in the TrustNote blockchain technology will allow Winjit the full range of the IoT plus the ML solutions to be easily scaled up to be used in a decentralized manner.
With this solution in place, it will allow different devices to easily incorporate the automation of trust that will enable secure processing and transfer of information all to be done in real time.
The company is also aiming to empower the global IoT Winjit customers to be able to develop the tokenized applications easily. The developers of both companies have gone ahead to start integrating the TrustNote technology into the Winjit IoTSense platform. Once all this has been completed both companies will be able to offer their different customers complete solution that will be able to develop the highly customizable blockchain applications plus the IoT.
More On The TrustNote
The company has been established as a DAG-based distributed technology together with a development platform that can be easily used for the tokenized economy. TrustNote has been able to combine the DAG ledger structure, also referred to as the Directed Acyclic Graph, the Proof of Stack, the Proof of Work and the Byzantine agreement. All this have been incorporated to ensure it is able to build a scalable and secure distributed ledger system.
The company has been able to support the mining together with the IoT, and the main chain for the company was launched January of 2018.
The company firmly believes in the key for freedom that is in innovation within the digital age is the decentralization and also being frustrated with the current blockchain for those who have not yet embraced it.
Thus this has led some of the developers and future thinkers from creating the kind of change we hope to see. The TrustNote platform has been designed in a manner to make it fast, secure and scalable and also being able to bring the concept of trust in an untrusting environment, for all individuals all at a low cost.