The giant automotive manufacturer now aims to incorporate the use of IOTA's Tangle technology into its products.
Recently, Volkswagen, part of the German multinational automotive manufacturing company Volkswagen group, headquartered in Germany, has come together with IOTA has showcased a new PoC (Proof-of-Concept) at the CEBIT 2018. The kit incorporates the use of IOTA Masked Authenticated Messaging. It's a programmable sensor device and a prototyping platform for any IoT use case one can imagine. IOTA to revolutionize the Internet of Things with its 'Tangle' technology.įor instance, in the last months of the year 2017, Bosch launched its new sensor Cross Development Kit or XDK. In the year 2018, IOTA highlighted numerous technologies which VItalik Buterin will surely appreciate, including more real-life applications of blockchain and cryptocurrencies. However, the prime focus and the most attracting thing is its successful partnership with giant manufacturers around the world. Recently, eToro, a social trading network have added support for IOTA on its platform. Now, it is aiming to expand its capabilities to redefine the world of IoT (Internet of Things), including drive-less cars. It has already bagged projects with three established companies- Bosch, Fujitsu, and Volkswagen. IOTA is an open source distributed ledger, a more or less advanced form of blockchain technology.
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