This is why IOTA could be a future-oriented technology from the sleeping giant

• IOTA is set to make waves in the agricultural sector through its partnership with ETO GRUPPE.
• Through its efficient data collection and foolproof storage, IOTA can power new agricultural technologies like FARMVALVE.

IOTA, an open-source distributed ledger designed for the Internet of Things (IoT), has become a major player in the blockchain ecosystem for practical applications. However, a recent relationship suggests that IOTA could be a sleeping giant with innovative use cases for the future.

The future of agriculture with IOTA

Specifically, the agricultural sector is ripe for a technological revolution, and Distributed Ledger Technology (DLT) like IOTA is on track to play a key role. Companies such as ETO GRUPPE and farmunited GmbH are at the helm of this sector, using the protocol’s unique capabilities to address long-standing agriculture challenges. Benjamin Bönisch and Dr. Tobias Plötzing, representatives of the ETO GRUPPE, presented their projects at the digital agriculture conference in Berlin.

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ETO GRUPPE, a company focused on digitalization and automation, founded farmunited GmbH through a merger. This combined entity has become a fertile ground for innovative technologies designed to empower farmers. Their products include FARMSENSE, a digital agricultural sensor, FARMVALVE, a radio-controlled irrigation valve, CLEVERSPAY PRO, an efficient spraying system and SMARTFAN, a blower module.

These tools allow farmers to collect real-time information on soil moisture, temperature and other environmental factors. This data becomes the cornerstone for informed decision making, leading to optimized returns and a more sustainable approach to resource management.

Traditionally, agricultural data has been fragmented and difficult to share. The IOTA tangle The protocol offers a secure and transparent platform for collecting and managing this data. Sensors like FARMSENSE, combined with IOTA’s free microtransactions, can create a constant stream of data on soil conditions, weather patterns, and crop health.

With IOTA, it is possible to integrate data from FARMVALVE irrigation valves, allowing precise water application, reducing waste and maximizing yield. Likewise, CLEVERSPAY PRO spraying systems achieve optimization based on real-time data, minimizing pesticide use and environmental impact.

Overall, the collaboration between ETO GRUPPE, farmunited GmbH and IOTA offers a glimpse into the future of agriculture. IOTA’s potential to transform this vital sector is undeniable, opening the doors to a more efficient, sustainable and transparent food system.

In addition to the collaboration with IOTA, ETO GRUPPE is integrating environmental measurement systems by acquiring ecoTech Umwelt-Messsysteme GmbH.

The use of IOTA technology in other real-world cases

In the past, the protocol has made its way into traditional industries such as real estate, financial services and security. Echoing previous Crypto News Flash coverage, IOTA can help offer greater traceability and transparency in the supply chain. IOTA can ensure the ethical source of all materials used in the supply chain, while reducing fraud and improving product safety.

Note that technological advancements are important in facilitating the integration of real-world assets (RWA) and IOTA leaves no stone unturned in this regard. As previously reported by Cryptocurrency news flashIOTA is set to launch an Ethereum Virtual Machine (EVM) to allow developers to interact with the broader Ethereum ecosystem.

At the time of writing, IOTA is trading at $0.2188, down 1.6% over the past 24 hours. The trading volume stands at $14 million, while the market capitalization is set at $719 million.

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