The Linux Foundation will be using tech from the IOTA Foundation to launch the data-sharing project dubbed as Alvarium. According to the IOTA blog, Alvarium represents a milestone for open source development on distributed technologies, digital trust, data privacy, and confidence in data.
IOTA claims that Alvarium is about creating intrinsic trust across exceedingly diverse systems. The project aims to bring together systems from across the industry to build a common platform that would enable trust from the point of data generation.
According to the Linux Foundation press release, project Alvarium would focus on building the concept of a Data Confidence Fabric (DCF) to facilitate measurable trust and confidence in data and applications spanning heterogeneous systems. IOTA Foundation would provide the security and trust capability to the project.
Dominik Schiener, the co-founder of the IOTA Foundation, said that DCF addresses three inherent and often conflicting challenges within the massive debate over which include how to keep control in the hands of the owner, how to allow for its public use and which data to trust. He believes that there will be widespread adoption of this technology, which will change the way we consume, trust, and use data in the future.