6 Interesting Blockchain Startups in Taiwan

Quote: BiiLabs positions itself as the “Red Hat” in the blockchain era, providing subscription and consulting services for corporate customers’ IOTA open source programs. BiiLabs is actively involved in the operation of the IOTA Foundation.

There are three main products of BiiLabs that help IoT companies transfer data from the cloud to blockchain. The first is Tangle, a clearing and settlement services provider; the second is TangleID, a digital watermark which can be used for medical records, achievement records, police reports, etc. The third is customized service, a one-stop solution (turnkey) for point-to-point transactions for the IoT.

BiiLabs partnered with Taipei City Government to make Taipei a smart city. The first program “Digital Citizen Card” actually uses TangleID as a decentralized management system. When everyone has a digital identity, the next step is to create assets. “Homeownership” product allows individuals to self-manage assets such as household registration, cases, etc., and decide for themselves whether to let the government or hospital use it. Once the products are launched, they will be the decentralized ledger experiment field with a large number of users.

Link: Fintech Hong Kong