IOTA Access adds trust to transactions like these through an additional layer of transparency and flexible delegation of vehicle functions. Andy also agrees to maintain insurance and return with the vehicle by 7 am each day so that you can leave for work at 8. In exchange, he agrees to pay a fee for gasoline and maintenance. He can borrow the car at specific hours, hours that you’re sleeping, and he's working. You agree to share your car with your roommate, Andy. It allows them to be embedded in the vehicle, for example, directly to process these signals on an individual level rather than as part of a larger, centralized structure. IOTA Access decentralizes access and permission structures. Constantly checking in with the centralized structure poses the same problem as other centralized systems: it requires a lot of bandwidth, and it provides a single point of failure. Vehicles do not have a stable, and consistent connection at all times. In the automotive world, for example, this just doesn't work. The device granting access must maintain a connection to these systems to continually check for permissions, making it highly restrictive. Permissions revolve around an internet connection, with privileges and permissions being stored on a server or in the cloud. Currently, the IOTA Foundation is working with partners including Jaguar Land Rover, STMicroelectronics, EDAG, RIDDLE&CODE, NTT DATA Romania, ETO GRUPPE and BiiLabs to bring a secure, highly-configurable, and permission-less access control framework to smart devices around the globe.Įxisting access systems require centralization. The IOTA Foundation, a non-profit focused on distributed ledger technology (DLT) and open-source development, today announces the launch of IOTA Access, an open-source DLT framework for building access control systems.
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