Exclusive Interview with Thorsten Kroke from eCl@ss, standardizing Payments and Data Transmission for IOTA

The full article was originally published by Gabriela Jara on IOTA Hispano. Read the full article here.

Some months ago eCl@ss and the IOTA Foundation Announce Partnership to Standardize Internet of Things Payments and Data Transmission.

To understand a little more about this association and the importance of it, Thorsten Kroke expert digital processes and standards from eCl@ss, kindly gave us an interview. I invite you to take a few minutes to read this great interview.

Gabriela Jara
Content Coordinator& Writer
IOTA Hispano

Can you tell us a little about you and your work at eCl@ss?

I am responsible for the operative business of the eCl@ss standard and the eCl@ss association. Caring about digital processes, standards and master data management it is very interesting to me to develop an industrial standard together with successful global industrial companies.

What is eCl@ss, what kind of work does eCl@ss do?

eCl@ss has established itself internationally as the only ISO/IEC-compliant industry standard and is thus the worldwide reference-data standard for the classification and unambiguous description of products and services. In times of smart manufacturing and Internet of Things, a standardized and therefor lossless product description is essential for companies doing digital business.

With eCl@ss, product master data can be exchanged digitally across all borders – across sectors, countries, languages and organizations. There are no more barriers in the nature of things.

We have heard about your Partnership with IOTA to standardize the IoT and data transmission, can you tell us why  that is an important goal to accomplish in a protocol like IOTA?

From my point of view smart manufacturing (so called „industry 4.0“) and Internet of Things are next levels of automatic driven machine-to-machine communication in the whole supply chain network. In the very close future, sharing production information without loss of information or expensive mapping efforts will be the key in these processes. On the one hand you need a standard like eCl@ss, on the other you have to put these data in a smart and successful protocol. IOTA is the best fitting technology for industrial companies. Furthermore using IOTA, the companies have a smart and very effective micropayment solution during the transport in their smart manufacturing processes. No complex accounting, but just paying during the process is required. And herewith we are talking about really useful technologies and no blockchains. Wonderful.

Read the full Article

The full article was originally published by Gabriela Jara on IOTA Hispano, where people are continuing the conversation by highlighting and responding to this story.

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