The PISTIS project, funded by the EU, is developing a federated platform for secure, trusted, and controlled data trading. This paper details the key components enabling secure monetization and digital asset management:
- PISTIS Monetary Ledger: Leverages the IOTA protocol to ensure scalable, feeless, and efficient financial transactions. It acts as the backbone for managing financial transactions and digital assets within the ecosystem.
- Digital DLT FIAT Wallet: Facilitates seamless and reliable exchanges between traditional FIAT banking and digital assets on the Monetary Ledger. It employs a collateralized stablecoin mechanism to maintain price stability.
- NFT Generator: Enables the tokenization of datasets as Data NFTs, promoting transparent and value-driven data monetization by ensuring digital ownership.
By integrating Distributed Ledger Technologies (DLTs) and Non-Fungible Tokens (NFTs), PISTIS enables seamless data management, peer-to-peer transfers, and transparent on-chain contracts.
Read the full paper to learn about the platform’s architecture, functional and non-functional requirements, and future developments!
Find the published version in our scientific papers repository.