Reading Time: 2 minutes
by
Adeniyi Olowoporoku
on
January 22, 2021 Altcoins
IOTA Foundation has entered into a strategic agreement with the South Korean Observer Observation and Tanglehub to apply for smart city projects in South Korea, Asia, and Europe. The agreement which is set to kick in this year is expected to expand the use cases of IOTA in these regions.
Partnership Set to Drive Blockchain Developments in Smart Cities
The agreement was revealed in a blog post by IOTA and will bring the three firms together in a quest to achieve a common goal. IOTA Foundation revealed that partnership will be a mutuality inclusive one as it will introduce the Observer Foundation into smart city projects in which it plays a vital role.