IOTA community projecT: PeerOS

The full article was originally published by HelloIOTA. Read the full article here.

Since speculation plays such a big role in the crypto space, good projects that offer real value can remain under the radar for longer than they should. PeerOS is such a project.

Sometimes the real reward of participating in a hackathon is not the prize itself but the idea which is born during the competition. This was true for Jan-Frederic Graen and his team, who did not win the Osnahack in June 2019 (the German city of Osnabrück’s hackathon), but came up with a great use case for the technology around IOTA which gave birth to a startup called PeerOS.

Current problems facing the energy sector
  1. Troves of data can be gathered, but can’t be processed due to either lacking security or efficiency.
  2. Even new power meters (as demanded by German law) do not offer intelligent communication with regard to smart cities.
  3. End-to-end encryption in IoT is a must, but still a dream.
The idea

Jan-Frederic’s PeerOS-team is using IOTA’s technology not only for connecting human beings, machines and, processes, but also for making cities smarter and industries more efficient while keeping the data safe.

We recently had the pleasure of chatting with Jan-Frederic about PeerOS:

Question 1: What is your vision for PeerOS?

Jan-Frederic: “We want to revolutionize data transfers and safety by using IOTA. Our vision is that everybody who produces data should be the owner of his data, and not any provider. The owner should have the opportunity to decide with whom he wants to share his data. We want to break the current data exchange processes and we want to develop a secure environment for everybody’s personal data. We are working on solutions for end customers and industries.

Question 2: Why did you choose IOTA?

Read the full Article

The full article was originally published by HelloIOTA, where people are continuing the conversation by highlighting and responding to this story.

Get real time updates directly on you device, subscribe now.

You might also like

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. AcceptRead More

Trade IOTA with a free

$100,000 practice account

Cryptoassets are volatile instruments which can fluctuate widely in a very short time frame and, therefore, are not appropriate for all investors. Trading cryptoassets is unregulated and, therefore, is not supervised by any EU regulatory framework. 67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.