IOTA Foundation, a non-profit foundation focused on distributed ledger technology and permissionless ecosystem development, announced on Tuesday it has formed a partnership with STMicroelectronics, a global semiconductor leader serving customers across the spectrum of electronics applications, to create a new level of powerful, seamless and cost-effective access to Internet of Things (IoT) functionality.
According to IOTA, this new partnership will deliver IoT integration capabilities to the ST user community, allowing customers to easily and quickly create and prototype new IoT solutions for single or multiple devices.
“As important, developers can work while enjoying the ability to develop systems, environments, products and services with IOTA functionality and the power of the Tangle’s distributed, highly scalable peer-to-peer network and feeless structure.”
While sharing details about the partnership, Alessandro Cremonesi, STMicroelectronics VP System Research and Application, stated:
“By enabling IOTA functionalities via the X-CUBE-IOTA1 expansion software for STM32Cube software technology, developers can now easily include IOTA features and capabilities in their IoT devices and create valuable applications using the STM32 Open Development Environment, which combines the STM32 32-bit microcontroller family with other state-of-the-art ST components.”
Holger Köther, Director of Partner Management, IOTA Foundation, added:
“With specialized hardware playing such an integral role in the Internet of Things market adoption, it is exciting to work with such partners as ST to enhance IoT’s role as an innovation facilitator. The IOTA Foundation welcomes the opportunity to work with enterprise leaders like ST to expand our mission of moving beyond blockchain with the world’s first scalable, feeless and fully-decentralized DLT platform, partnered with the world’s leading technology firms.”