The IOTA Foundation has launched its spin-off entity, SPYCE.5, to accelerate enterprise adoption on the IOTA and Shimmer blockchain networks. SPYCE.5 offers an enterprise-ready blockchain infrastructure, Web3 tools, data management, and more to make it easy for enterprises to bui...
- The IOTA Foundation has launched its spin-off entity, SPYCE.5, to accelerate enterprise adoption on the IOTA and Shimmer blockchain networks.
- SPYCE.5 offers an enterprise-ready blockchain infrastructure, Web3 tools, data management, and more to make it easy for enterprises to build and maintain real-world products.
SPYCE.5: IOTA Foundation’s Spin-Off to Accelerate Enterprise Adoption
Exciting news! We have opened up our service for open #beta. Sign up at https://t.co/5ZzfSHIjJD and enjoy our node-as-a-service on the @shimmernet to start a synced node in <5 minutes. Subscribe to our newsletter and stay tuned for more exciting product updates and news. @iota— SPYCE.5 (@SPYCE_5) April 17, 2023
Benefits of SPYCE.5
Automation and Frictionless Data Flow
IOTA’s Tangle architecture offers feeless transactions, high scalability, and energy efficiency, which helps businesses increase security, scalability, and shorten transaction times. SPYCE.5 delivers automation at a global scale while building on IOTA, allowing businesses to connect directly without intermediaries and increase their trust in the underlying data.
Offering Sustainable Web3 As a Service
SPYCE.5 seeks to address two core groups: builders, creators, and developers and enterprises and corporate developers. For builders, SPYCE.5 offers services such as hosting of infrastructure like smart contract validators, nodes, and scalable APIs that can interact with the ledger in real-time. For enterprises, SPYCE.5 will guide them through the time and cost of implementation, improving operational efficiency, enhancing data security, and lowering infrastructure costs.
SPYCE.5 reduces the complexity of building Web3 solutions and offers integration with simple APIs, allowing developers to focus on building core business applications. With SPYCE.5, the IOTA Foundation is empowering businesses to connect directly without intermediaries, improving trust in the underlying data, and enhancing the overall customer experience.