Fujitsu Central Europe Head to Join IOTA Foundation

According to the offical blog,  Rolf Werner's "unmatched enthusiasm and drive" will be of great importance for IOTA
10 April 2018   1949

The head of Fujitsu in the Central Europe Rolf Werner became the participant IOTA Foundation.

As noted in the blog of the project, Werner's "unmatched enthusiasm and drive" will be of great importance for IOTA and will strengthen the company's position in the blockchain industry.

A method of Tangle consensus is the feature of IOTA cryptocurrency, which implies the absence of miners, as well as commissions for transactions - the latter are mutually confirmed by the nodes of the network.

The possibilities of decentralized and secured applications based on IOTA Tangle as a Distributed Ledger Technology are immense. They go far beyond machine-to-machine payment and include, for example, tamper-proof monitoring of the supply chain and secure identity management , just to name a few. I’m delighted to join the IOTA Foundation Supervisory Council (Stiftungsrat) to accompany a journey which will be meaningful for lots of industry sectors worldwide.
 

Rolf Werner

Central Europe Head, Fujitsu

Earlier it has bcame known that venture division of Bosch Group had invested in IOTA.

Volkswagen to Use IOTA Technology For Software Updates

This project is designed to solve the key problem of secure transmission of software updates "on the air" (OTA) to the network of autonomous vehicles
12 June 2018   228

This week, the German automaker Volkswagen announced cooperation with the IOTA, which develops solutions in the field of the Internet of things. At the CEBIT 2018, the companies are planning to show a new experimental sample of their joint project based on the IOTA DAG network.

IOTA Twitter
IOTA Twitter

This project is designed to solve the key problem of secure transmission of transparent, undamaged software updates "on the air" (OTA) to the network of autonomous vehicles. At the moment the data is distributed centrally, so there is no guarantee that the information delivered to each car is genuine and unchanged. This problem can be solved using a distributed ledger or other similar technology.

In addition, because the scope of autonomous vehicles continues to grow, the system must not only decentralize to monitor each update, but also be able to scale to the right size to cope with the increasing load on the network. Another major factor is security. This factor will become more important when cars become more dependent on software for performing basic tasks and functions related to security.

Johann Jungwirth, Volkswagen's senior director of digital engineering and member of the IOTA Foundation's Supervisory Board, believes that the technology of a decentralized distributed registry will form the basis of a safe ecosystem that does not require participants to trust each other - just the one Volkswagen needs to further develop its the project of autonomous cars. He calls IOTA "an excellent example of how distributed ledger technology can be used in the future."