ITM partners with Microsoft around blockchain and IoT

Taiwanese International Trust Machines Corporation teased the launch of a blockchain-based verification solution for IoT chips from Qualcomm on Microsoft Azure.

During the event 2020 International CES, which will run from January 7-10 in Las Vegas, International Trust Machines Corporation (ITM) will present its new project “developed in collaboration” with the American giant Microsoft and the tech company Qualcomm.

According to a press release, the startup co-developed a edge agent for the Qualcomm chips used on Sphere, the IoT operating system of Microsoft Azure.

His solution would supportedge computing with low latency connectivity and would provide enhanced security. In addition, it would facilitate the implementation of security solutions while keeping the devices up to date.

“We allow innovations IoT to be built on a solid and secure foundation, because we know this is a crucial factor for businesses. They seek assurance that their product, brand and customers are secure within platforms blockchain“, Commented Julian Chen, CEO of ITM.

Founded in January 2019 in Taiwan, ITM seeks to help companies take advantage of the characteristics of blockchain for’Internet of Things (IoT).

According to the latest cabinet report Gartner, the blockchain, combined with IoT and the IA, has the potential to “forever change the retail business models”.