SCAALER IoT Labs, a Sweden-based internet technology firm driving sustainable IoT innovation, has announced a partnership with IOTA Foundation to drive the adoption of blockchain technology.
The Smartcity and IoT centric initiative said it finalized and signed a memorandum with IOTA Foundation, indicating that the two firms will work together on innovating groundbreaking blockchain ideas in the Swedish and Norwegian Smartcity and IoT projects.
“Today SCAALER IoT Labs finalized and signed a memorandum with IOTA Foundation where we will work closely with this Berlin based open source technology environment, representing groundbreaking blockchain tech in swedish and norwegian Smartcity &IoT projects,” SCAALER IoT Labs said in an update.
Representatives of SCAALER IoT Labs were seen in a picture with IOTA Foundation’s Business Director and Head of Energy Wilfried Pimenta de Miranda, shortly after the agreement was signed.
The full details of the partnership have not been revealed by the two organisations.
However, SCAALER IoT Labs just expanded its tech hub facilities into a fully fletched IoT Lab within a year with ANC. The hub intends to open on February 1st and will welcome its first cohort of 10 Norwegian and Swedish members starting from Monday.
With its close relationships with experienced professionals, IoT Labs, aims at offering advanced lectures, adding state of the art industry knowledge to education material to serve as a supplement to high school or university education.
The IoT Labs gathers experts and knowledge under the same roof to dish out unmatched innovative and advanced technical solutions and knowhow within IoT, Design, UX and digital development.