I read a news today.IOTA will work with Dell and Intel in the field of data reliability.
What are your thoughts on this subject?
As I read, IOTA will be making the first promotion of the Alvarium project with Dell.The aim of the project is to calculate the data reliability of the users.An announcement will be made on February 24
That's great news, that's why the price has risen so much.Dell and IOTA have been working together on the Alvarium project for 1.5 years.
The demonstration will take place in a webinar on February 24th at 11am. The IOTA project Alvarium will be demonstrated under the leadership of Dell and Intel.
Due to the age of information, it is becoming increasingly difficult for management to intercept the enormously growing amounts of data. This is where the IOTA project Alvarium comes in. By evaluating the confidence of the data, filtered results can be provided.
The software from IOTA and Dell focuses on the smart contracts of blockchain applications. Smart contracts usually rely on “oracles” which provide trustworthy data. The IOTA project Alvarium starts at this interface. An additional check of the data is made possible through an extended functionality of a
trustworthy value. The Alvarium project will create this transparency, a future without data ambiguity. That can get HUGE!
You can find out everything here:
https://blog.iota.org/together-iota-and-dell-technologies-demonstrate-project-alvarium/For me the best news is that you can also run DeFi's in the future over the IOTA network.
IOTA becomes decentralized, gets a smart contract, just like Ethereum. But it's a lot faster and cheaper than Ethereum. In theory, of course.
Chrysalis wants to make the Tangle network significantly more powerful and expand the range of functions. For example, Chrysalis should also form the foundation for smart contract applications and tokenization on the Tangle network.
"Chrysalis is the largest upgrade in IOTA history and affects all aspects of the protocol. Chrysalis is the foundation for the introduction of smart contracts and non-fungible tokens (NFTs) on the Tangle network."That's what they say
![Cool 8)](https://www.altcoinstalks.com/Smileys/default/cool.gif)
Also this:
"Coordicide (aka IOTA 2.0) should make IOTA even more decentralized."These are exciting times when it comes to IOTA's future.