IOTA comes to Munich

The IOTA meetup in Munich on May 30 is going to prequel the Blockchained Mobility Hackathon
26 May 2018   1340

IOTA is holding a meetup right before the Blockchained Mobility Hackathon on May 30. The event will take place at the Stylight Atrium. The doors of the meetup are open for the participants of the hackathon as well as for those merely interested in mobility, Internet-of-Things and IOTA project itself.

There will 2 keynotes at the event:

  1. A brief use-cases introduction;
  2. A presentation on energy and mobility sector

A number of applications of the IOTA DLT in the mobility area will be showcased by a member of the IEN Tobias Zeitler. Following it, a member of IOTA Harm van den Brink will talk about the convergence of energy and mobility sectors as well as present a proof-of-concept of an IOTA charging station.

To learn more about the event, you can visit the official page here. At the moment of publication, IOTA market parameters are as follows:

Average price 1.52 USD
Market cap 4,231,278,950 USD
Volume (24H) 53,445,000 USD

Jaguar Land Rover to Partner With IOTA

As their ultimate goal, developers call the reduction of accidents and traffic congestion; these news had great impact on token's price
29 April 2019   464

The largest British automaker Jaguar Land Rover has started testing smart contracts based on the IOTA blockchain. According to Reuters, the program being developed is a smart wallet embedded in cars.

The new service will allow participants to receive IOTA tokens for providing information about road congestion and road pavement status, as well as for participating in the ridesharing program. Subsequently, drivers will be able to spend them on paying for parking or charging electric cars.

As their ultimate goal, developers call the reduction of accidents and traffic congestion.

It is known that this technology will be used in Jaguar F-PACE and Range Rover Velar. The launch date of the software for the mass consumer is unknown.

IOTA 24h Price Chart
IOTA 24h Price Chart

These news had great impact on the IOTA price. It rose for almost 14% in 24 hours and is being traded around $0.3.