Successful R&D projects
Proud of our successful projects and thankful to the partners!
... the Metroracle project and its goal to ensure the trustworthiness of IoT devices and measured data according to globally accepted metrology standards are also relevant to our business plans in the future. ... We consider Random Red's solution wide applicable with possibility of implementing in our field of interest. ... In future phases of the project, we would get Metroracle-supported trustworthy IoT data and the Metroracle team would get an additional real-life testing case. We are looking forward to collaborating with the Metroracle project team in the future.
Random Red has developed a model that predicts the probability of late payments for loans and credit cards and segments the accounts into different risk categories. Random Red's skills, professionalism, and work efficiency are commendable. While working, they have carefully taken care of the needs and requirements of our company, applying new creative solutions. We are looking forward to our collaboration in the future as well.
Random Red delivered their consulting and research work for Sedmi odjel in accordance with the agreement, with a maximum professional approach and in timely manner. We can highly recommend Random Red for their professionalism and we hope we'll have the opportunity to cooperate with Kruno and Davor in the future.
NGI Trublo Metroracle
Oracles compliant to metrology standards
Although various concepts exist for applying the blockchain technology to “real-world” data, there is a remaining weakness of the starting point, i.e. the question is – how to ensure that data measured by IoT devices is trustworthy, not tampered with, not erroneous, not fake?
To answer this question the project Metroracle focuses on adopting well-defined metrology standards and goals of digital transformation of metrology for use in IoT applications supported by blockchain technology.