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5 Ways Cisco's Trusted IoT Alliance Will Use Blockchain To Make IoT More Secure -- And What It Means For Partners

The consortium aims to set the standard for an open-source blockchain protocol and will enable alliance member partners to develop their own suite of applications and services to deliver to a broader ecosystem.

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Channel Impact

Over the next few months, the alliance will focus not just on creating open-source tools, but also on educating its members' customers and partners.

"Broadly, this is not just a Cisco story. … If you look at the types of ecosystems that our members have in the alliance, many of our founding members rely on partners and ecosystems to facilitate and drive their business functions," said Nannra. "We need to get our partners up to speed and help them develop their skills in-house, even if it's just education. … We are starting to see a lot of interest with partners."

Partners have an opportunity to develop their own suite of applications and services to deliver IoT solutions into a much broader ecosystem with more value and to create new revenue models for themselves, said Nannra.

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