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- Turing Space leverages IOTA’s Feelless Architecture and Identity Framework, along with tools such as IOTA Notary and Gas Station.
- The company’s Turing Certs platform issues secure, tamper-proof digital credentials and already supports large-scale deployments.
The IOTA Business Innovation Program recently partnered with Turing Space to expand its focus to digital identity and other credential verification use cases. The program will support builders developing real-world applications on distributed ledger technology (DLT) as early participants focus on supply chain and tokenized asset solutions.
Turing Space is using its verification platform to develop a global digital trust layer called Turing Certs. This layer issues and verifies secure, tamper-proof digital credentials. To date, the company has partnered with world-class organizations such as the World Health Organization to issue digital certificates to more than 12,000 volunteers in 150 countries.
Additionally, Turing Space has helped validate more than 3.5 million renewable energy certificates in Taiwan. By capturing all digital credentials on-chain, the platform is currently targeting an 80% reduction in verification time. Additionally, we aim to reduce administrative costs by more than 50%, while also ensuring compliance with ISO 27001, ISO 27701 and GDPR standards.
Turing Space chose IOTA due to its low costs, fee-free transaction design, and native identity framework. All of these elements help support verifiable credentials along with the W3C standard decentralized identifiers (DIDs).
In its latest development, the IOTA Foundation noted that regulators in the Asia-Pacific region are working to support innovative crypto projects while addressing risks. The foundation said it will work toward privacy-focused compliance and similar legal frameworks.
Leverage your technology stack
Turing Space said it will leverage IOTA’s broad technology stack, including IOTA Gas Stations, IOTA Notary and IOTA Explorer. Additionally, the platform is also working on future upgrades for AI-based fraud detection and quantum-resistant encryption.
In the long term, we aim to develop Turing Cert into a comprehensive “passport for life” system that can store and verify credentials across education, professional development, health, and other use cases.
The IOTA Business Innovation Program attracts new applicants who work to build verifiable and scalable solutions. As previously reported by CNF, the Foundation is also working on a secret initiative called Project P. According to insiders, Project P has the potential to become a real world asset (RWA) comparable to other ongoing projects such as Salus. According to the latest rumors, IOTA may announce further details about this project next month in December. Many believe that this could set the tone for further growth of the entire IOTA network.
