HONG KONG, Aug 30, 2018 - (ACN Newswire) - AnApp Blockchain Technologies Limited ( AnApp ), the IoT blockchain developer behind IOTW, a new cryptocurrency for IoT applications, is one of the blockchain technology companies selected by NTT DOCOMO, Japan's largest mobile communications company, to develop IOTW Micro-Mining for its '5G Open Partner Program'.
AnApp is taking an innovative approach, putting IOTW's PoA (Proof of Assignment) and Micro-mining algorithms into IoT devices without adding hardware cost. It opens the door for new industries beyond telecommunications that are looking to revolutionize with DOCOMO products through IOTW's innovative technologies, such as cell phone, IoT devices, high definition video, Apps etc.
The next-generation communication system, 5G, is expected to promote the IoT society, where all devices are connected to the Internet, with features such as high speed, large capacity, low latency and many terminals.
Frederick Leung, Founder and CEO of AnApp, said, ?We are very pleased to be selected as one of the blockchain partners in the DOCOMO 5G Open Partner Program. By participating in this program, IOTW will contribute its innovative technologies to spread IoT devices solutions for Japanese society, as well as promote the development of services using 5G provided by DOCOMO.
"We are very certain that our cooperation can potentially impact everyone's daily life. End users can benefit from it, accelerating the sales of IoT devices by DOCOMO. Leveraging IOTW's core team, with more than 30 years experience in computer hardware and software, our innovative PoA and Micro-mining algorithms will enable DOCOMO to collect big data, and end users will fully benefit from Micro-mining."
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