Bosch Intends to Adopt IOTA

One of the leading engineering companies is going to try out IOTA for autonomous cars project
12 February 2018   98

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.

IoT Conference to Take Place in Berlin

Bosch ConnectedWorld is the fifth Internet of Things annual conference which will take place on February 21-22, 2018 at STATION-Berlin
16 February 2018   39

Bosch ConnectedWorld is an annual event that celebrates the Internet of Things. Presented by the Bosch Group, the fifth annual conference takes place February 21-22, 2018 at STATION-Berlin.

The conference will host more than 140 speakers on four stages presenting IoT trends and implementations in front of more than 3,500 conference and hackathon participants.

Bosch Connected world conferenceBosch Connected World Conference

Location: STATION-Berlin, Luckenwalder Str. 4-6, 10963 Berlin, Germany
Dates: February 21 – 22, 2018

Through inspiring keynotes, three session tracks, a huge IoT exhibition, a Meet Up stage, a hackathon, and a lot networking opportunities, all the attendees will learn how the Bosch ConnectedWorld experience, and especially IoT, is truly remarkable.

The Headline speakers include Dr. Volkmar Denner, CEO of Bosch; Dr. Dieter Zetsche, Head of Mercedes-Benz Cars; Dr. Frank Appel, CEO of Deutsche Post DHL; Dirk Slama, Chief Alliance Officer of Bosch Software Innovations, and many more.

Moreover, the attendees will be able to experience the latest in Internet of Things (IoT) first hand with over 10,000 square meters of exhibition space, and check showcases from over 80 partners and discover how IoT solutions can bring new business models and revenue channels to life.