The IOTA Hub has arrived!

The IOTA Hub has arrived!

Hub has arrived. IOTA’s architecture means that there are many challenges faced by service providers attempting to integrate IOTA. This is in part due to its unique design, which is future-proofed against the prospective environment of the IoT.

Amongst other things service providers have seen issues with confirmation monitoring, seed management, re-promotion or reattachment of bundles and deposit address monitoring.

The IOTA Hub seeks to change all that with its open-source, standardized solution. This will be situated within an audited and hardened environment featuring a gRPC API. This means that service providers can support IOTA in just a few weeks, instead of the months it has been taking. The Hub can be directly connected to the exchange’s trading platform.

The Hub will support externally signed transactions, as well as the expected transaction and seed management activities. The operational security of the exchange’s funds is significantly increased thanks to a dual access system, which is more resistant to attacks. An encrypted gRPC channel enables communication through the Hub, which has access to the database without having access to the salt. The salt is held by a remote signing provider, which itself has no access to the database.

The open-source for the Hub is now available on GitHub, along with full instructions for developers wishing to use IOTA.

The IOTA Foundation believe that the benefits offered by the IOTA Hub will attract more service providers and exchanges to support IOTA.

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Written by: Gemma Hall