IOTA is one among three corporations to succeed in the ultimate part of the EU cross-border blockchain service initiative. In response to the IOTA Twitter submit, IOTA has entered the ultimate part of the EU Blockchain PCP. Different chosen contractors had been ChromaWay and Billon.
IOTA Basis co-founder Dominik SCHIENER additionally confirmed the event:
“Sure, it is true. IOTA has been chosen as one among 3 finalists for the EU Blockchain PCP to construct new options for the European Blockchain Providers Infrastructure.”
Schiener has firmly acknowledged that they’re on their technique to implementing cryptocurrencies in the actual world. Not surprisingly, the neighborhood appreciated the efforts of the co-founder and the crew engaged on this system. Many have argued that it is a enormous milestone for the community. In response to the report of the European Fee, the ultimate part is already underway. It’s scheduled for a yr till the fourth quarter of 2023. The ultimate part, or Section 2B, will full last improvement and area testing.