iov42, Tata Steel UK and the Welsh Government join forces
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Distributed Random Master Election (DRME)

03rd July 2022

iov42 achieves security through a unique consensus approach, Distributed Random Master Election. It randomly assigns which node leads the coordination of any given consensus decision on a per transaction basis.  The randomness of DRME ensures bad actors cannot manipulate an iov42 network.

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Distributed Ledger Technology (DLT)

03rd July 2022

Refers to the technological infrastructure and protocols that allow simultaneous access, validation, and record updating across a network that is spread among entities and multiple locations. Transactions on the iov42 DLT are immutable similarly to other known blockchains.

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Digital Twin

03rd July 2022

A digital twin is a digital representation of a physical, real world object. The linking between the two is a critical part that is specific to the type of object and the digital representation. Assets on the iov42 Distributed Ledger Technology can be used as digital twins.

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Digital trust

03rd July 2022

Digital trust is the ability to trust either an identity or a network online.

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