IOTA organizes a meetup in Paris

IOTA Foundation in partnership with L'Ecole 42 and Matrix is holding a meetup on May 28
21 May 2018   930

School 42 (L'Ecole 42) will be the gathering place for a meetup of IOTA Foundation members on May 28. The meetup will be organized in both French and English. Keynote speakers are IOTA Head of Business Development Wilfried Pimenta and Lead Ecosystem Team Lewis Freiberg. The featuring guest project is announced to be ENGIE Lab (ENGIE Group research and expertise centre for electrical power technologies, streamlining production processes, distribution and electricity supply).

The event is a chance to meet IOTA Foundation members and delve in the Distributed Ledger Technologies, the IoT and the so-called 'smart revolution' (i.e. smart energy, connected mobility, smart cities, industry 4.0, etc). Another topic of the meetup will be the Hackathon LedgerDays IOTA scheduled for June 11-12 at the same place – School 42. The hackathon will be announced and the preparation will start.

The event is co-organized with Matrix. To learn more about the meetup, you can visit the Eventbrite page here. At the moment of publication, IOTA market parameters are as follows:

Average price 1.78 USD
Market cap 4,959,488,089 USD
Volume (24H) 49,393,600 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   205

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.