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Home»Blockchain»Industrial technology giant Siemens takes over IoT -Block chains from minima
Blockchain

Industrial technology giant Siemens takes over IoT -Block chains from minima

2025-03-19No Comments2 Mins Read
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Siemens, the largest industrial technology company in Europe, cooperates with distributors’ book for the Internet of Things (IoT) Builder minima, to bed in the German giant devices on the car, robotics and energy sectors.

Minima cooperates with Siemens Cre8ventures Division, an initiative to speed up the industrial transformation by working together with startups in the field of AI, digital twins, cyber security and more, the companies said on Tuesday in a press release on Tuesday.

A gradual evolution of computer possibilities in the direction of the edges of networks has seen a greater need for security and data integrity to be embedded on a scale in these Edge devices, that is where block chains at IoT level are useful

It is an interesting shift, because blockchain technology would originally have been considered the antithesis of large companies, in terms of decentralized and removing all kinds of intermediaries, MINIMA CEO Hugo Feiler said.

“But as the power on these devices goes to the edge, even large enterprise clients must ensure that there is resilience,” Feiler said in an interview. “And so the ability for these large company companies to run a decentralized system is also missionary criticism for them. So decentralization is not only cutting out as intermediaries, it also enables them to get further into the world to deliver the service.”

Minima announced at the end of last year that it worked with semiconductor giant -giant arm to develop a microchip with a decentralized ledger embedded. The cooperation with Siemens, who followed the arm deal of minima, will promote the sovereignty goals of the EU chip law, introduced in 2022 to reduce dependence on foreign chip manufacturers, MINIMA said.

See also  Bank giant Goldman Sachs adds one assets to the list of 'buying conviction' after increasing the price target: report

“Minima allows IoT equipment to have a complete node work so that they can participate independently in a blockchain network without trusting external servers or centralized intermediaries, eliminating all central failure points and guaranteeing fully decentralized protection, data -integrity and confidence. Digital twines, and decentrales for the Siemens Creense Twin, “said a representative of Siemens.

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