Municipality of Haarlem is going to use IOTA technology

in iota •  7 years ago 

According to Bas de Boer, innovation manager of the municipality of Haarlem and initiator of the project, the Proof of Concept shows that blockchain or the so called mutual distributed ledger technologies can be implemented in short term. “By figure of speech, the application could be deployed tomorrow. It enhances the technology and its adaptation in the public domain, improving society as a whole.”

Choosing IOTA means that some drawbacks of the Bitcoin blockchain are resolved, such as high energy consumption, transaction costs and relatively slow transaction speed.

The software is released as open source software free for use by governmental and municipal organizations working with public register extracts. The intention is to bring the application in production in 2018.
ZTHQ9891.png

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!