Economy of Things
Which technologies enable an Economy of Things? How are they applied accordingly?
New open source project "Direct State Transfer" aims to make DLT applications scalable
26.11.2019 | Technology
Prototypical DLT applications already exist, but the technical requirements for sustainable business models are still missing, for example when it comes to scalability: Scalability is one of the great challenges with DLT, because ideally tens of thousands of transactions per second have to be processed in real time. This is very memory and energy intensive. The team of the strategic advance engineering project "Economy of Things" has set up the open source project "Direct State Transfer" (DST) as a solution to implement the so-called second-layer protocol "Perun".