Qtum Foundation presents Trusted IoT Alliance award to University of Sheffield

July 17, 2018
Part of the $200K award will be invested in a pan-European electrical power research project focused on blockchain implementations

The Trusted IoT Alliance and Qtum Foundation have presented an award for academic research to the Department of Electronic & Electrical Engineering at the University of Sheffield, UK. The University was selected for the $60K grant by the members of the alliance.

The university’s proposal is designed to expand the blockchain community’s experience with how blockchain protocols perform in lower power and low bandwidth environments. The project will deploy a pan-European network to connect sensors that measure electrical power reliability and availability. The project will provide hardware prototypes connected to a bandwidth-constrained low power wide area network that will serve as a reference platform for protocol and network testing.

The project makes use of the Qtum protocol, implementing specially designed smart contracts to update a blockchain’s individual parameters, thereby ensuring that the data that the sensor measures are accurately transmitted throughout the network.

Sponsored Recommendations

Case Study: Conveyor Solution for Unique Application

Find out how the Motion Automation Intelligence Conveyor Engineering team provided a new and reliable conveyance solution that helped a manufacturer turn downtime into uptime....

2024 State of Technology Report: PLCs & PACs

Programmable logic controllers (PLCs) have been a popular method of machine control since the PLC was invented in the late 1960s as a replacement for relay logic. The similarly...

Power Distribution Resource Guide

When it comes to selecting the right power supply, there are many key factors and best practices to consider.

Safe Speed and Positioning with Autonomous Mobile Robots

Here are some tips for ensuring safe speed and positioning for AMRs using integrated safety technology – many of these tips also apply to automated guided vehicles (AGVs).