IOTA: a partnership with VW, Fujitsu, and Bosch deepens

The IOTA Foundation to further deepen their partnerships, while the IOTA-runs of the course. An Overview of the current state of things.

With the increasing importance of the IoT (Internet of Things) grows, the importance of companies in this industry. For example, the IOTA Foundation, the charitable Foundation behind IOTA. Many companies have therefore closed with IOTA to IoT applications. Including Bosch, Volkswagen and Fujitsu.

Accordingly, Bosch’s XDK (a Sensor for the measurement of machine data such as acceleration) with IOTAs Tangle connected to data on IOTAs Data Marketplace . For more information on the XDK gave Bosch and IOTA in a question and answer session on Reddit in January.

In addition, IOTA is in cooperation with VW. Like BTC-ECHO reported, Volkswagen has been at the CEBIT in 2018, a Proof-of-Concept for the documentation of software updates demonstrated. By means of this application software are recorded updates on IOTAs Tangle, to ensure data integrity and to allow for Audits.

Partnership with Fujitsu: process documentation, identity management, and more

Similarly, Fujitsu’s looks use of IOTA. The Japanese technology company announced a Proof-of-Concept in the area of industry 4.0. The application should document the production processes by means of IOTA, to enable, for example, Audits. In addition, Fujitsu sees further Potential for IOTAs Tangle. Dr. Rolf Werner, managing Director Fujitsu Germany, Head of Central Europe and since April a member of the IOTA Foundation, comments on the areas of operation as follows:

“The possibilities of decentralized and secure applications based on IOTAs Tangle as a Distributed Ledger technology are immense. They go far beyond Machine-to-Machine payments, and include, for example, the tamper-proof Monitoring of the supply chain and secure identity management, just to name a few. I am pleased that the Board of Trustees of the IOTA Foundation, to join, to accompany a way, which for many industries is the world of meaning.“

And the IOTA course?

In contrast to the Foundation of the IOTA can not come up course, however, with such large increases. This is currently around $ 0.52. This is a weekly decline of 26 percent, and a 24-hour-a Minus of just under ten percent. However, there is a light view: In month the course of the IOTA-rate saw an increase of 13 percent.