BiiLabs Together with Eclipse Foundation, IOTA Foundation and Leading Companies Unite to Support Launch of Tangle EE Working Group
BiiLabs, a Blockchain-as-a-Service startup company, announced that it is working with Eclipse Foundation, IOTA Foundation, together with industry leading players and academia to support the launch of the Tangle EE Working Group for the development and commercialization of IOTA-based data solutions.
BiiLabs has been dedicated to distributed ledger technology (DLT) and recently released the data marketplace that is enabling the great value of data integrity to fulfill in areas including smart city, energy, and mobility. Joining the Tangle EE Working Group will further help to drive the industry ecosystem that facilitates DLT to enable the innovations and transformations in IoT era, which are open-sourced and commercial-ready.
“As the member of Eclipse Foundation, BiiLabs will contribute our engineering team’s expertise on distributed ledger technology to support the development of open source software by the Tangle EE working group. We will establish a high-level delivery plan for Tangle EE under development within the working group,” said Jim Huang, Co-Founder & CTO of BiiLabs.
“The Eclipse Foundation will provide a vendor-neutral governance framework for open collaboration, with IOTA’s scalable, feeless, and permissionless DLT as a base,” said Mike Milinkovich, executive director of the Eclipse Foundation. “By doing so, we will accelerate the development of new applications built with this transformative technology.”
“As an open-source project, we realize the importance of increasing access to IOTA’s technology,” said David Sønstebø, IOTA co-founder. “This is a significant step forward for the IOTA Foundation and our ecosystem to develop a diverse, global community of contributors and adopters collaborating on production-ready commercial applications.”
“As IOTA’s technologies continue to be adopted in commercial use cases, this transparent and open governance framework will be essential in regulating code development, ensuring market fit, and fulfilling our promises of openness, interoperability, and sustainability. This will elevate IOTA to production-readiness,” said Dominik Schiener, co-founder of IOTA Foundation.
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About BiiLabs
BiiLabs is dedicated in developing distributed ledger technologies to overcome the challenges in the Internet of Everything era, including smart mobility and energy management, and more. Its core technologies assist the digital transformation of various industries, and to solve critical issues such as trust, security, growth and efficiency for our clients. BiiLabs aims to be a leading technology provider in the Internet of Everything world.
