Lockheed, IoTeX, Ericsson, Lenovo, Huawei, Bosch kick off IEEE Standardization Process
Global firms announced the initiation of development of international decentralized identities for people worldwide and machines from all manufacturers in every country around the world to be able to communicate, monetize and interact with each other.
Researchers and scientists from Lockheed Martin, Ericsson, Lenovo, Huawei, Bosch, IoTeX, and China Academy of Information and Communications Technology have created the IEEE P2958 Identity of Things Working Group to develop the global blockchain identity standards, said Dr. Xinxin Fan, chair of the group.
"Today, I am pleased to say we have formed a fantastic initial class of forward-thinking enterprises to drive this standard forward," Dr. Fan added. "By co-creating standards with industry experts, IoTeX is committed to innovation in the blockchain space via our real-world products, such as Ucam and Pebble Tracker. We want to help people securely own their data, earn by monetizing it and the value their smart devices generate, and make the world a better place."
Ericsson Head of Blockchain Business Development Giovanni Franzese said "it's a huge privilege to contribute to the IEEE P2958 standards development, bringing the market perspectives, the Ericsoon knowledge and participate in a cooperative cross-industry group to make the standards effective and fostering for adoptions with our clients.”
More information at https://Iotex.io