The head of Fujitsu in the Central Europe Rolf Werner became the participant IOTA Foundation.
As noted in the blog of the project, Werner's "unmatched enthusiasm and drive" will be of great importance for IOTA and will strengthen the company's position in the blockchain industry.
A method of Tangle consensus is the feature of IOTA cryptocurrency, which implies the absence of miners, as well as commissions for transactions - the latter are mutually confirmed by the nodes of the network.
The possibilities of decentralized and secured applications based on IOTA Tangle as a Distributed Ledger Technology are immense. They go far beyond machine-to-machine payment and include, for example, tamper-proof monitoring of the supply chain and secure identity management , just to name a few. I’m delighted to join the IOTA Foundation Supervisory Council (Stiftungsrat) to accompany a journey which will be meaningful for lots of industry sectors worldwide.
Central Europe Head, Fujitsu
Earlier it has bcame known that venture division of Bosch Group had invested in IOTA.