The IOTA Foundation reported that the protocol has partnered with DXC Technology to create a “frictionless and transparent financial settlement” proposal, along with an automated order-controlled production process using distributed ledger technology.
Although the news was positively received by the IOTA community, So far the partnership has had little impact on the market price.
Thought Leader Collaboration – @DXC Technology is working with #IOTA on a joint project towards automated Order Controlled Production Processes: https://t.co/hMxEh9HODI. Experience the Live Demo @hannover_messe, April 23-27 (Hall6, Stand B45) #DXC #hm18 #DLT #Blockchain #DXCatHMI pic.twitter.com/MPzOtmhCs9
— DXC DACH (@DXCdach) April 18 2018
What is DXC Technology, what can they gain from IOTA?
DXC Technology has more than 170,000 employees in 70 countries with a market value of 30 billion dollars.
As a result of the cooperation with IOTA, it is planned to improve the interaction between automated equipment and create a reliable Internet environment in the production structure of organizations. The innovation can improve direct communication between devices and coordinate their actions.