IOTA New Website Went Live

David Sonstebo from IOTA team reported that the website will be moved from blockchain to Tangle
16 April 2018   500

It is well-known that IOTA a protocol that achieves consensus on the state of matters in a network, and has a vision to enable all connected devices through verification of truth and transactional settlements which incentivize devices to make available its properties and data in real time. On April 16, 2018 IOTA released the long-awaited new website, which looks neat, professional and convenient.

IOTA new website screenshotIOTA new website screenshot

The users were pretty impressed with the new website, but some of them noticed that website does not scale, however, David Sonstebo from IOTA team reported that they will be moving it from blockchain to Tangle as soon as it will be possible, so there is no need to worry.

At the moment of press, these are main market parameters of IOTA:

  • Average Price: $1,61
  • Market Cap: $4 470 930 051
  • 24h Vol: $118 560 000

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   231

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."