Close Menu
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Market Cap
  • Blockchain
  • Web 3
    • NFT
    • Metaverse
  • Regulation
  • Analysis
  • Learn
  • Blog
What's Hot

Could Jane Street’s $19 Million Bitcoin Sale Create New Liquidation Risks?

2026-03-07

A groundbreaking leap into the consumer future of decentralized AI

2026-03-07

Bitcoin sees historic death cross on three-day chart – what does it mean?

2026-03-07
Facebook X (Twitter) Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
Facebook X (Twitter) Instagram
Bitcoin Platform – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Market Cap
  • Blockchain

    A groundbreaking leap into the consumer future of decentralized AI

    2026-03-07

    BitGo to Power SoFiUSD Stablecoin Infrastructure as SoFi Launches First Nationally Chartered Bank Token

    2026-03-07

    AINFT extends multi-chain AI services with BNB chain integration

    2026-03-07

    CMC Markets Begins 24/7 Blockchain Settlements with JP Morgan’s Kinexys

    2026-03-07

    Chainlink helped Visa, ANZ and Fidelity do what banks have been trying to do for years

    2026-03-06
  • Web 3
    • NFT
    • Metaverse
  • Regulation

    US lawmakers consider ban on prediction markets amid bets on Iran

    2026-03-06

    De volatiliteit van Bitcoin zou in april kunnen exploderen als SEC de markt achter de ETF-leverage beoordeelt

    2026-03-06

    Crypto company Kraken secures a direct link to Federal Reserve payments

    2026-03-04

    Bitcoin’s $85 billion derivatives engine may move onshore as CFTC eyes April approval

    2026-03-04

    De deadline voor stablecoins van het Witte Huis verstrijkt terwijl de CLARITY Act vastloopt

    2026-03-03
  • Analysis

    Billionaire Peter Thiel dumps a $74,400,000 stake in three assets, including one of Warren Buffett’s favorites

    2026-03-07

    Bitcoin Price Rally Slows, Consolidation Signals Possible Next Step

    2026-03-07

    XRP Price Ladder Shows What Conditions Are Needed for $18, $100, and $500

    2026-03-07

    Bitcoin’s rally from $73,000 faces a crucial test as momentum looks to change

    2026-03-06

    ‘Good Times Have Arrived’ – Trader Michaël van de Poppe Says the Bitcoin Bear Phase is Over – Here Are His Goals

    2026-03-06
  • Learn

    What Is Wrapped ETH (WETH) and Why Do You Need It in DeFi?

    2026-03-06

    What Is Crypto Protocol and Why Coins Need It

    2026-03-04

    Wat is Liquid Proof-of-Stake: uitgelegd voor beginners

    2026-03-02

    The 9 Most Common Crypto Scam Types

    2026-03-02

    Sidechains Explained: What They Are, How They Work, and Why They Matter

    2026-02-20
  • Blog
Bitcoin Platform – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»Blockchain»Touchpoint Open Builders program welcomes Teleconsys
Blockchain

Touchpoint Open Builders program welcomes Teleconsys

2023-06-10No Comments4 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email


Blockchain


A distributed Oracle Framework on Shimmer and IOTA

Teleconsys (www.teleconsys.it), a leading cybersecurity company, has joined the Touchpoint Open Builders program with their dOra project. Built using the IOTA Identity Framework, dOra aims to redefine IoT infrastructure security by leveraging decentralized technologies and collective assessment.

Recognizing the limitations of conventional approaches, Teleconsys developed dOra to empower authorized individuals to perform critical tasks autonomously, reduce human error and improve protection against malicious attacks. Let’s learn more in Teleconsys’ own words.

Teleconsys introduces itself

“As cybersecurity experts helping organizations design highly secure IT infrastructures, we have realized that traditional centralized platforms suffer from significant vulnerabilities, including attacks, data breaches and application layer failures, that most cybersecurity tools fail to adequately address.

Consequently, the most viable cybersecurity solution is to limit critical tasks to an autonomous, decentralized system at the request of a committee of authorized persons. With an authorized committee, it becomes virtually impossible for all members to collectively perform a wrong task. To find a solution, we developed a decentralized infrastructure for IoT, focusing on IOTA Identity for data authenticity. To ensure security, we designed a specialized device with the STM32 U5 microcontroller, with a built-in “trust zone” for secure execution. With this foundation, we wanted to decentralize data collection and management of devices in IoT solutions.

The result is dOra (“Distributed Oracle”). Similar to the IOTA Smart Contract Framework, dOra enables the creation of independent node committees that build trust through collective evaluation. The commission acts as a programmable entity capable of collecting data from various sources, processing it using customer-supplied Docker images, signing the data with distributed threshold signatures, publishing it to any destination, and storing it. store in separate object repositories managed by each committee member.

See also  Picasso connects Ethereum to Cosmos IBC

dOra has diverse applications, from creating a distributed supervisor for the IoT infrastructure to building distributed storage accessible through the IOTA network, REST API or the IPFS standard interface. In addition, it can function like a traditional blockchain Oracle by capturing data, integrating it into the ledger and triggering smart contracts.

An advantage of dOra is that each committee has its own identity based on the W3C DID, including a public key. Consequently, the commission can sign data and transactions by combining partial signatures of its members. However, individual members cannot perform this task on their own, as there is no committee private key. Instead, each member signs their own produced data, and a valid committee signature can only be generated if the majority of members produce identical data.

To enable reliable communication between committee members and to ensure data integrity, dOra uses IOTA. It facilitates proof of inclusion, which certifies the existence of data at a specific date and time, as well as proof of preservation, which confirms that data is stored on multiple separate object stores that are managed independently.

Using dOra, we have also created Cyronclad, a fully decentralized IoT infrastructure that solves the common challenges of cloud-based infrastructures. Cyronclad can be used to create a new IoT network or enhance existing setups. By deploying a dOra-based committee of nodes to handle critical processes, Cyronclad eliminates all critical infrastructure vulnerabilities.

The dOra project is currently in the testing phase. Our ideal partners are innovative companies looking for support in designing and developing a critical platform or improving an existing platform. Once we complete initial proof-of-concept and trials, our plan is to make Cyronclad accessible to the public, either as a service or as a dedicated tenant.

See also  OKX partners with Galxe to improve Web3 Asset Management

While our competitors mainly supply IoT solutions as service providers, Teleconsys distinguishes itself as a system integrator. This allows us to partner with providers to handle critical tasks within standard solutions. While dOra, as a development framework, shares similarities with well-known solutions such as Chainlink, what sets dOra apart from other distributed programmable systems is our unique approach, using IOTA identity and data storage granting.

Shimmer plays a vital role in our go-to-market strategy as it relates to committee member selection. By using Shimmer, the platform owner can independently and possibly anonymously select commission participants. This approach assures platform users that not even the platform owner can manipulate the commission into doing tasks wrong.”

Conclusion


Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

A groundbreaking leap into the consumer future of decentralized AI

2026-03-07

BitGo to Power SoFiUSD Stablecoin Infrastructure as SoFi Launches First Nationally Chartered Bank Token

2026-03-07

AINFT extends multi-chain AI services with BNB chain integration

2026-03-07

CMC Markets Begins 24/7 Blockchain Settlements with JP Morgan’s Kinexys

2026-03-07
Add A Comment
Leave A Reply Cancel Reply

Top Posts

XRP could experience an increase of almost 10% upon an immediate breach of these key levels

2023-08-10

60% of US Citizens Confess Lack of Clarity on Blockchain: Survey

2024-05-28

Bulls prepare for the next stage

2025-01-18
Editors Picks

Crypto regulations in Slovenia 2025

2025-06-10

Aave: This is why traders should keep an eye on AAVE’s growth trajectory

2023-10-12

EV -platform market set to rise from US $ 15.5 billion in 2023 to US $ 91.5 billion against 2034 – Trending Report by TMR

2025-06-13

Ethereum sees $ 912 million outflow; XRP and Solana shine

2025-09-08

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Defi, NFT, Metaverse and more.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

Could Jane Street’s $19 Million Bitcoin Sale Create New Liquidation Risks?

A groundbreaking leap into the consumer future of decentralized AI

Bitcoin sees historic death cross on three-day chart – what does it mean?

Get Informed

Subscribe to Updates

Get the latest news and Update from Bitcoin Platform about Crypto, Metaverse, NFT and more.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
© 2026 Bitcoinplatform.com - All rights reserved.

Type above and press Enter to search. Press Esc to cancel.