Sunday, June 4, 2023
  • Login
Euro Times
No Result
View All Result
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology
Euro Times
No Result
View All Result

Vodafone Uses Blockchain To Enable IoT Devices Complete Automated Transactions

by Ali Raza
March 2, 2022
in Cryptocurrency
Reading Time: 2 mins read
A A
0
Home Cryptocurrency
Share on FacebookShare on Twitter


Vodafone has rolled out a blockchain-backed platform that can allow linked units to finish safe transactions on the person’s behalf. The platform, dubbed Digital Asset Dealer {DAB), guarantees extra simplicity for customers and companies who don’t have to construct their infrastructure.

The gadget is given a novel digital identification by the DAB, permitting it to securely talk with different units inside the platform. the easy course of, secured by SIM card expertise, permits straightforward and automatic fee of products and providers. Vodafone hopes that the answer will open the door for brand spanking new income alternatives.

Vodafone Providing Safe Hyperlinks To Gadgets’ Ecosystem

The corporate mentioned the platform will supply safe hyperlinks to gadget ecosystems and third-party platforms. It may be utilized throughout totally different industries, together with manufacturing, power, logistics, and vehicle.

“We’re constructing in-house new, scaled platforms for our prospects throughout Europe and Africa,” Vodafone’s Chief Expertise Officer, John Witbergh, acknowledged.

He added that Vodafone is seeking to collaborate with different firms to incorporate different fee schemes and options. Vodafone has additionally launched a pilot service for the brand new platform in its hometown of Newbury. The service allows electrical autos to speak with appropriate charging factors, permitting a speedy and extra environment friendly charging course of for these autos.

The brand new platform attracts on the strengths of Vodafone’s Web of Issues (IoT) platform and can allow the customers to learn immensely from the brand new “economic system of issues.”

Cloudbet bonus

The New Platform Will Carry Out Transaction On Behalf Of The Consumer

Most sensors and linked units are solely able to sending info by the web. However the brand new platform does greater than that.

It allows avenue good furnishings, autos, and machines to transact securely and seamlessly on the person’s behalf with out their intervention. Vodafone says it is going to change the best way transactions are made with IoT units, because the person doesn’t have to be current or energetic.

The platform will talk successfully with different units utilizing fee expertise, and a novel digital identification will likely be assigned to every gadget.

Your capital is in danger.

Learn extra:



Source link

Tags: AutomatedblockchainCompleteDevicesEnableIoTTransactionsVodafone
Previous Post

Medicaid funds mired in red tape for people with disabilities : Shots

Next Post

Powell Says Rates Are Headed Higher, Even as Ukraine Poses Uncertainty

Related Posts

Atomic Wallet exploited, users report loss of entire portfolios

by Euro Times
June 3, 2023
0

Atomic Wallet has been apparently exploited, with users on Twitter reporting complete losses of their crypto portfolios. Atomic is a...

Hollywood needs Web3, not vice versa

by Andrea Berry
June 4, 2023
0

The following is a guest post from Andrea Berry, Head of Business Development at Theta.In the glimmering world of Hollywood,...

Web3 gaming gets competitive edge as Maniac Panda Games joins Cointelegraph Accelerator By Cointelegraph

by Cointelegraph
June 3, 2023
0

As the Web3 gaming landscape is getting bigger by the day, mainstream players who enjoy playing popular titles games such...

Europe’s right-wing political groups find cause in crypto By Cointelegraph

by Index Investing News
June 3, 2023
0

The European crypto scene has gained significant traction over the past few years, with a surge in the interest in...

Quant Hype Spikes As Price Surges 15%

by Olowoporoku Adeniyi
June 3, 2023
0

Quant (QNT), an Ethereum-based token, has experienced a 15.15% increase in its price over the past seven days. QNT plays...

Dogecoin Drama: Elon Musk Faces Lawsuit For Alleged Crypto Market Manipulation

by Ronaldo Marquez
June 3, 2023
0

Keyur Rohit, a self-denominated “crypto influencer”, has weighed in on the recent Dogecoin (DOGE) lawsuit against Elon Musk. Rohit has...

Next Post

Powell Says Rates Are Headed Higher, Even as Ukraine Poses Uncertainty

China and the Global Power Play in Ukraine

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Republican Presidential Candidates Attend Iowa Roast and Ride

June 4, 2023

Debt ceiling deal streamlines energy permitting but not enough, industry says

June 4, 2023

Fresh protests rock Senegal as death toll climbs By Reuters

June 3, 2023

Serbia Protests After Mass Shootings Demand Social Changes

June 3, 2023

Turkey’s President Erdogan announces new cabinet | News

June 4, 2023

North Carolina Republicans aren’t just anti-freedom, but they’re openly racist as well

June 3, 2023
Euro Times

Get the latest news and follow the coverage of Business & Financial News, Stock Market Updates, Analysis, and more from the trusted sources.

CATEGORIES

  • Business
  • Cryptocurrency
  • Finance
  • Health
  • Investing
  • Markets
  • Politics
  • Stock Market
  • Technology
  • Uncategorized
  • World

LATEST UPDATES

Republican Presidential Candidates Attend Iowa Roast and Ride

Debt ceiling deal streamlines energy permitting but not enough, industry says

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2022 - Euro Times.
Euro Times is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology

Copyright © 2022 - Euro Times.
Euro Times is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In