Robert Bosch Venture Capital Invests In IOTA

The company intends to elevate the IOTA technology to maturity by bringing it closer to Bosch’s global ecosystem and key partners
19 December 2017   1668

Today Robert Bosch Venture Capital GmbH (RBVC), the corporate venture capital company of the Bosch Group, announced that it has purchased a significant amount of IOTA tokens.

According to announcement, RBVC hopes to intensify the collaboration with the IOTA Foundation and intends to elevate the technology to maturity by bringing it closer to Bosch’s global ecosystem and key partners.

The purchase of IOTA tokens by RBVC is a strong vote of confidence for the technology and the ecosystem we have built over the years.

 

Dominik Schiener

Co-Founder, IOTA

RBVC states that it has been working with the IOTA team for more than one year. The company emphasizes that IOTA's innovative tangle technology could potentially become the standard underlying technology for trustless machine to machine communication, security and payment in the IoT space, adding that RBVC hopes to have the first go-to-market solutions ready by the end of 2018.

The investment follows the successful launch of IOTA’s data marketplace, with more than 30 leading companies worldwide participating, including Accenture Labs, Deutsche Telekom, Fujitsu, Orange, Samsung Artik, TINE and many more.

PoWaaS For IOTA Wallets to be Released

A free solution called powsrv.io is designed for wallets and applications
27 August 2018   1117

The development team introduced a new PoWaaS client (PoW-as-a-service) for fast transactions IOTA network tranactions.

A free solution called powsrv.io is designed for wallets and applications, and also works in conjunction with a hardware accelerator for mining devices with weak computing power Pidiver.

Fast and efficient PoWaaS (PoW-as-a-service) for your IOTA wallet, MAM-stream or any IOTA usecase requiring fast transaction turnout. Don't overheat your CPU/GPU by doing IOTA PoW locally, instead use our solution to access consistently fast hashing power. Perfect for low-power IoT devices, mobile and desktop solutions. 
 

Powsrv.io

Get more info at GitHub.