The IOTA Foundation announced a new partnership with the Japanese government to provide DLT and AI solutions for infrastructure protection. NEDO (New Energy and Industrial Technology Development Organization) finances the new project.
“We are proud to join the # Japanese government in the NEDO Project to protect critical infrastructure with #AI and #DLT. Read how #IOTA will help strengthen the security and durability of critical infrastructure in # Japan and abroad », tweeted IOTA.
Blockchain helps protect infrastructure
Infrastructure is very important to governments because of its effect on critical operations in the new world. Many governments have partnered with tech giants to protect their underlying systems, and some of them are working on more innovative solutions like DLT.
Best Materia and IMC, Japanese companies related to maintenance, started a project, funded by NEDO, for this purpose, and IOTA is their new partner. The main focus of the new project is on technologies that can help Japan protect critical infrastructure.
The new partnership with a government-backed project is a step towards the main goals of the IOTA Foundation.
“Our primary purpose has always been to create a free distributed, open source, decentralized ledger technology to ensure data integrity. As a non-profit organization, we are honored to see the IOTA protocol used to secure a wide variety of data points in this project. Digitizing RBM systems for safer and more efficient industrial plants is just one of many applications where IOTA will be used in the future. ' said Holger Köther, Director of Partnerships, IOTA Foundation.
As a result of the new partnership, a cloud-based SaaS software will be developed. IOTA will provide a decentralized database for this service using its DLT. The use of artificial intelligence in the protection phases is another of the objectives of the new service. They will also try to digitize infrastructure data and facilitate its exchange.
Artificial intelligence is essential in the new project funded by NEDO.
“Due to the aging problem in Japan, we seriously need the artificial intelligence system to support our business instead of RBM's retired consultants. We hope that IOTA Tangle will allow us to securely collect and store RBM-related data, including sensitive plant information, which is key. to the precision of the AI system. Shigemitsu Kihara, CEO of Best Materia.
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