Bosch Intends to Adopt IOTA

One of the leading engineering companies is going to try out IOTA for autonomous cars project
12 February 2018   739

Sarah Nizze, Bosch’ manager of IoT marketing, announced on Twitter that the engineering company is going to adopt IOTA in their plans for autonomous vehicle development.

This news comes as Bosch opens its first IoT hackathon of the year in Berlin, on February 20-22 with five hack challenges. One of them is focusing on autonomous vehicle market.

Last year Bosh reported that it has partnered with electromotive specialist Tesla to produce the first self-driving car.

Bosch officials believe that IOTA’s data marketplace will provide the basis for autonomous vehicles interaction. It will help cars to communicate with each other independently.

The Bosch’ team explained how cars will financially benefit from platooning. Autonomous cars will be able to follow a lead car to reduce fuel consumption, whilst sending micropayments across the Tangle network to compensate the lead car for sacrificing theirs.

Last year in December, The Robert Bosch Venture Capital firm (RBCV) was reported to have bought a significant amount of IOTA’s MIOTA tokens.

Now, RBCV will play a key role in ensuring the longevity and success of IOTA’s future development.

According to Bosch’s senior technological scout, Tak Dekel, this action represents Bosch’ transformation from a hardware company to a company that deals with data and monetization of data.

PoWaaS For IOTA Wallets to be Released

A free solution called powsrv.io is designed for wallets and applications
27 August 2018   446

The development team introduced a new PoWaaS client (PoW-as-a-service) for fast transactions IOTA network tranactions.

A free solution called powsrv.io is designed for wallets and applications, and also works in conjunction with a hardware accelerator for mining devices with weak computing power Pidiver.

Fast and efficient PoWaaS (PoW-as-a-service) for your IOTA wallet, MAM-stream or any IOTA usecase requiring fast transaction turnout. Don't overheat your CPU/GPU by doing IOTA PoW locally, instead use our solution to access consistently fast hashing power. Perfect for low-power IoT devices, mobile and desktop solutions. 
 

Powsrv.io

Get more info at GitHub.