Open-source development is one of the foundations of the IOTA Ecosystem. This concept has also led to an increasing number of projects developed on the IOTA blockchain network. Several of these projects are funded through charitable contributions from the IOTA community members, who participate in the Ecosystem Development Fund. The second cohort of fund grantees, who received a total of $354,000, was unveiled by the Foundation recently. Of these, Untangle Care received the highest funding, which is $234,000.

What’s Special About Untangle Care?

Untangle Care is a healthcare industry project that helps in developing IOTA-based tools to allow information to flow between institution-based solutions and patient-based solutions. The project creates secure and seamless data flow in a healthcare-interoperable way. It utilizes a healthcare data format standard called Fast Healthcare Interoperable Resources.

The primary project deliverables include an open-source MAM FHIR integration code, a MAM FHIR API, as well as a web interface. The secondary deliverables include an IOTA-based logging system, IOTA C# Port, IOTA-based chat application, and open-source Xamarin.

Andre Fialho, co-founder and CEO of Untangle Care, explained the project:

“Our goal with the Untangle Care project is to develop open source IOTA and HL7 FHIR based tools that help to share health information in a simpler, more secure and faster way. Ultimately, we envision a future where individuals have access and control over all health information needed to improve their own health.”

Other Grantees of the Fund, which intends to create P2P Internet access, received $70,000 from the fund. In the system, users or machines that have extra bandwidth can share them with people who need more of it. It creates an automated interaction network, matching buyers and sellers within a specific radius. The exchange happens through IOTA tokens.

IOTA Industrial Lab Aachen received $50,000 in funding. It offers lecturers and students a chance to connect with industry representatives to research on artificial intelligence, machine-to-machine communication, machine economy, and distributed-ledger-based technologies. The laboratory is currently funded by RWTH Aachen University in Germany.

IOTA has welcomed other projects to apply for the Ecosystem Development Fund by allowing registration at the IOTA Ecosystem and then applying for the grant.

BitStarz Player Wins Record-Breaking $2,459,124! Could you be next to win big? >>>
Blokt is a leading independent privacy resource that maintains the highest possible professional and ethical journalistic standards.


Please enter your comment!
Please enter your name here