The new members of the consortium include payments giant Mastercard, technology conglomerate Cisco Systems, as well as the state of Andhra Pradesh in India.
The group will focus on the adoption of bitcoin’s underlying technology to the Internet of Things segment.
As far as IoT industry is rapidly developing, investors need to start taking note of the IoT right now.
Internet of Things has become one of the major revolutionary technologies that tends to make a profit of $357 billion by 2019.
A number of Internet of Things technologies have been developed to revolutionize security, comfort and transparency at sports matches at Euro 2016.
Jasper is intended to develop IoT service platform for Cisco.
Networking giant Cisco Systems, Inc. is increasing its Internet-of-Things portfolio and introduces a new framework.