Today, the non-profit IOTA Foundation said it will be working with the Linux Foundation on its data provenance initiative Project Alvarium. The Linux Foundation is the creator of the Hyperledger project which acts as an umbrella for multiple open-source blockchain protocols.
The Alvarium project will utilize IOTA’s distributed ledger technology (DLT) to track multiple data sources accurately. IOTA’s solution is not precisely blockchain, as it employs a directed acyclic graph (DAG) or Tangle, which is open source and feeless.
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Linux Foundation said it is building the concept of a Data Confidence Fabric (DCF) to establish a source of data and increase trust between parties. The project code will be seeded by Dell Technologies, with support from ARM, IBM, IOTA, MobiledgeX, OSIsoft, Unisys, and a few others.
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