KCN: Qtum Foundation Presents Award To The University Of Sheffield
Channel: KCN News
Date: 2018-07-30

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The Trusted IoT Alliance in partnership with Qtum Foundation award for academic research to the Department of Electronic & Electrical Engineering at The University of Sheffield, UK. Sheffield was selected for the $60K grant by the members the Trusted IoT Alliance. The university's proposal is designed to expand the blockchain community's experience with how blockchain protocols perform in lower power and low bandwidth environments. The proposed project, which will begin immediately, will deploy a pan-European network to connect sensors that measure electrical power reliability and availability. The project makes novel use of the Qtum protocol, implementing specially designed "smart contracts" to update a blockchain's individual parameters, thereby ensuring that the data that the sensor measures are accurately transmitted throughout the network.

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Info: https://twitter.com/QtumOfficial/status/1019111962527989760