Advertise
CoinTrust
BTC
ETH
BCH
SOL
DOGE
SHIB
  • News
  • Bitcoin
  • Ethereum
  • Altcoin
  • Market Cap
  • Learn
    • Buying Crypto
    • Crypto Mining
    • Crypto Exchanges
    • Knowledge
  • Crypto Casinos
    • VPN Friendly Casinos
    • New Crypto Casinos
    • Offshore Online Casinos
    • Best Crypto Casinos Reddit
    • Bitcoin Poker
    • Bitcoin Betting Sites
    • Bitcoin Bingo
No Result
View All Result
CoinTrust
  • News
  • Bitcoin
  • Ethereum
  • Altcoin
  • Market Cap
  • Learn
    • Buying Crypto
    • Crypto Mining
    • Crypto Exchanges
    • Knowledge
  • Crypto Casinos
    • VPN Friendly Casinos
    • New Crypto Casinos
    • Offshore Online Casinos
    • Best Crypto Casinos Reddit
    • Bitcoin Poker
    • Bitcoin Betting Sites
    • Bitcoin Bingo
No Result
View All Result
CoinTrust
No Result
View All Result

Home » Welsh Govt Aided Startup iov42 Partners Tata Steel UK to Explore Blockchain Capabilities

Welsh Govt Aided Startup iov42 Partners Tata Steel UK to Explore Blockchain Capabilities

Kelly Cromley by Kelly Cromley
May 30, 2022
in Market News, News
Reading Time: 2 mins read
0

iov42, a British start-up company, has announced a new cooperation with Tata Steel UK to investigate the potential applications of blockchain technology. This endeavor will take place as part of Blockchain Connected’s research and development challenge titled “Demonstrating the Potential of Blockchain,” which is sponsored by the Welsh Government.

The “Blockchain Challenge” was officially kicked off in January of this year, and it is being run by Blockchain Connected. Blockchain Connected is a subset of Technology Connected, which is the network for the technology sector in Wales. iov42 and Tata Steel UK have agreed to collaborate on the development of a prototype for the installation of a Digital Product Passport and a blockchain solution for Steel traceability.

RelatedPosts

Antix Blends AI and Blockchain to Redefine Digital Identity

Meta Earth Unveils Blockchain-Based Universal Basic Income

Maybank Trustees and CoKeeps to Drive Blockchain in Asset Management

SFT and Atleta Join Forces to Advance Sports Web3

The industrial manufacturing industry is one of the largest in Wales, and the adoption of digital technology within that sector has the potential to be a key driver of further economic expansion in the area. Collecting comments and suggestions from Tata Steel UK and its clients on the viability of the prototype and the ways in which it might be used to help various business and commercial difficulties.

The project intends to achieve the following:

Collecting comments and suggestions from Tata Steel UK and its clients on the viability of the prototype and the ways in which it might be used to help various business and commercial difficulties.

Sharing the knowledge gained with the Welsh government in order to assist with future decision-making on the investment in blockchain technology and its potential applications.

Using the data, the comments, and the lessons that were gained from the experiment, an early proposal for a more comprehensive end-to-end solution for Tata Steel UK will be developed.
Richard Clarke, New Product Development Manager at Tata Steel UK, opined:

“We are delighted to be collaborating with iov42 on such an innovative project, which involves the implementation of cutting-edge technologies to assist us in maintaining sustainable development in a sector that is otherwise rather conventional. We are continuously striving to learn, adapt, and develop to support commercial prospects, and we are convinced that this experimental project will enable us to evaluate the viability of using blockchain technology to overcome the constraints that now exist.”

David Coleman, Chief Product Officer at iov42 further stated:

“After the tremendous success of our Timber Chain project, the next logical step for iov42 is to investigate the ways in which our technology may be used to the advantage of other commodities, such as steel. Out of a total of 105 submissions, we are honored to have been picked as one of just nine organizations to go further in the process. We are quite excited about the prospect of partnering with Tata Steel UK to investigate the extensive potential of blockchain technology, and more especially, distributed ledger technology (DLT).”

Previous Post

Blockchain Technology Excellence Award Given to Africa’s Payment Framework Firm

Next Post

Argentina’s Real-Estate Firm Unveils Building With Bitcoin Mining Facility

Related Posts

antix blends ai and blockchain to redefine digital identity

Antix Blends AI and Blockchain to Redefine Digital Identity

by Kelly Cromley
May 14, 2025
0

Antix, an emerging platform specializing in AI-driven digital identity, has unveiled its strategic vision to reshape how individuals engage with...

meta earth unveils blockchain-based universal basic income

Meta Earth Unveils Blockchain-Based Universal Basic Income

by Kelly Cromley
May 14, 2025
0

Meta Earth has introduced a pioneering initiative to address growing global inequality and the challenges posed by rapid automation. The...

maybank trustees and cokeeps to drive blockchain in asset management

Maybank Trustees and CoKeeps to Drive Blockchain in Asset Management

by Kelly Cromley
May 14, 2025
0

CoKeeps Sdn Bhd, a blockchain infrastructure firm based in Malaysia, has entered into a strategic agreement with Maybank Trustees Berhad,...

sft and atleta join forces to advance sports web3

SFT and Atleta Join Forces to Advance Sports Web3

by Kelly Cromley
May 14, 2025
0

In a strategic move to advance blockchain integration in the sports sector, SFT Protocol has confirmed a partnership with Atleta...

waterfall network launches cascadify and the lamb

Waterfall Network Launches Cascadify and The Lamb

by Kelly Cromley
May 14, 2025
0

The Waterfall Network, a fast-expanding ecosystem built on BlockDAG technology, has introduced two innovative platforms—Cascadify and The Lamb—designed to streamline...

nansen joins mantra chain to boost blockchain compliance

Nansen Joins MANTRA Chain to Boost Blockchain Compliance

by Kelly Cromley
May 14, 2025
0

Nansen, a prominent blockchain analytics firm, has formally become a validator on the MANTRA Chain, marking a strategic advancement in...

Next Post
Argentina’s Real-Estate Firm Unveils Building With Bitcoin Mining Facility

Argentina’s Real-Estate Firm Unveils Building With Bitcoin Mining Facility

  • blackrock invests in colle web3

    COLLE: Pioneering AI Web3 Platform Receives Investment Boost from BlackRock

    by Kelly Cromley
    May 13, 2024
  • Central Bank of Saudi Arabia Teams Up with Ripple to Transform Cross-Border Settlements

    by Kelly Cromley
    Aug 17, 2023
  • Router Protocol and OpenWorldSwap Partnership to Revolutionize DEX Market

    by Kelly Cromley
    Aug 6, 2024
  • GameStop’s Digital Transformation: Embracing Blockchain and NFTs

    by Kelly Cromley
    Feb 2, 2025
  • XRP Ledger Embraces Precious Metal-Backed Stablecoins with Meld Gold Partnership

    by Kelly Cromley
    Oct 2, 2024

Recent News

antix blends ai and blockchain to redefine digital identity
Market News

Antix Blends AI and Blockchain to Redefine Digital Identity

by Kelly Cromley
May 14, 2025
meta earth unveils blockchain-based universal basic income
Market News

Meta Earth Unveils Blockchain-Based Universal Basic Income

by Kelly Cromley
May 14, 2025
maybank trustees and cokeeps to drive blockchain in asset management
Market News

Maybank Trustees and CoKeeps to Drive Blockchain in Asset Management

by Kelly Cromley
May 14, 2025
sft and atleta join forces to advance sports web3
Market News

SFT and Atleta Join Forces to Advance Sports Web3

by Kelly Cromley
May 14, 2025
waterfall network launches cascadify and the lamb
Market News

Waterfall Network Launches Cascadify and The Lamb

by Kelly Cromley
May 14, 2025

Categories

  • Altcoin News
  • Analysis News
  • Bitcoin News
  • Blog
  • Cardano News
  • Ethereum News
  • ICO News
  • Legislation News
  • Market News
  • News
  • Ripple News
  • Solana News

Cointrust

  • About Us
  • Contact Us
  • Correction Request
  • Our Team

Legal

  • Disclaimer
  • Terms & Conditions
  • Privacy Policy
  • Cookie Policy

Popular

  • ICO Listings
  • Knowledge Base
  • All about Mining
  • Cryptocurrency Exchanges
  • How and Where to buy Cryptocurrency

Sitemap

  • News section
  • Sitemap
  • XML Sitemap

© 2024 CoinTrust.com.

CoinTrustCoinTrust

* DISCLAIMER: All information provided in CoinTrust is merely for informational purposes, we are not an investment advisor and not affiliated with any companies or ICO/Cryptocurrency Projects. To use this website you must accept our cookie policy, Disclaimer and Privacy Policies.

No Result
View All Result
  • News
  • Bitcoin
  • Ethereum
  • Altcoin
  • Market Cap
  • Learn
    • Buying Crypto
    • Crypto Mining
    • Crypto Exchanges
    • Knowledge
  • Crypto Casinos
    • VPN Friendly Casinos
    • New Crypto Casinos
    • Offshore Online Casinos
    • Best Crypto Casinos Reddit
    • Bitcoin Poker
    • Bitcoin Betting Sites
    • Bitcoin Bingo

© 2024 CoinTrust.com.

We use cookies to ensure that we give you the best experience on our website.
If you continue to use this site you agree to allow us to use cookies, in accordance with our Cookie Policy.
I Agree