NEXT Biometrics and IOTA collaborate to develop IoT solutions
NEXT Biometrics has announced a collaboration effort with IOTA Foundation to develop IoT solutions integrating NEXT’s fingerprint sensor technology and IOTA’s open-source protocol.
IOTA Foundation is a non-profit focused on distributed ledger technology (DLT) and permission-less ecosystem development. It’s mission is to support the development and standardization of new DLTs, including the IOTA Tangle. The IOTA Tangle is a type of DLT specifically designed for the IoT environment. It is an open-source protocol facilitating machine-to-machine interactions, including secure data transfer, fee-less real-time micropayments, and the collection and dissemination of sensor-based and other types of ‘oracle’ and other data.
“We look forward to collaborating with IOTA towards developing new standards for safe, convenient identification for the IoT market,” said Alain Faburel, chief sales and marketing officer at NEXT. “Combining IOTA Foundation’s standards for interactions between IoT devices and our secure biometric sensors will enable safe transactions across a multitude of IoT applications.”
According to the announcement, NEXT will integrate IOTA technology into a selection of its sensor products, leveraging IOTA’s technical expertise to ensure development of seamless solutions. Both parties will utilize their networks to promote and showcase NEXT and IOTA technology.
“The integration of IOTA into NEXT Biometrics sensors is a key step to build solutions that enable safe, effective user identification at the device level,” added Holger Köther, director of partnerships at the IOTA Foundation. Together these solutions will provide digital trust as we move towards the Internet of Everything.”
NEXT Biometrics also recently announced collaborative partnership with Digitsecure India Pvt Ltd (LastMile Mobi) to develop new products based on NEXT’s large-area fingerprint sensor technology and with MK Group to launch an R&D program for biometric smart cards.