Distributed ledger technology provider IOTA, technology giant Dell Technologies and Linux Foundation consortiumannounced a collaboration on the Alvarium project.
In a press release, the Linux Foundation announced thatis developing a new Alvarium project with the support of several major industry giants - Dell Technologies, IOTA Foundation and IBM. MobiledgeX and global IT company Unisys will also take part in the project.
Code Based Project from Dell Technologies,aims at the Data Confidence Fabric concept, which provides an assessment of the reliability of data coming from various sources. When creating the platform, IOTA developments in the field of distributed registry technology will also be used.
Dell CTO Jason Shepherd (JasonShepherd) said that the reliability of the data will help organizations, including blockchain companies, meet various requirements, for example, the EU General Regulation on the protection of personal data.
As sensitive dataare beginning to be posted on the blockchain, various organizations and industry participants are developing methods to verify the origin and reliability of this data. For example, in July Fujitsu introduced blockchain-based identification technology.
Let us recall that in September IOTA presented a solutionChronicle for long-term data storage. Additionally, the company has partnered with automaker Jaguar Land Rover to begin developing a proof of concept (PoC) for energy tracking for vehicle charging using DLT.</p></p>