IOTA and Audi join forces

in #cryptocurrency6 years ago

The IOTA Foundation would be following the development of Tangle, a distributed accounting system designed for the IOT, they would be working in conjunction with the creation center of Audi in Berlin, in order to explore the application to the automotive industry and ally with Google Design Sprint . The application will facilitate machine-to-machine interactions and help ensure the transfer of information in a micropayments ecosystem without transactions and in real time.

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This would be a new attempt by Audi to innovate by defining the future of the industry, they also want to connect with many other business areas, as partners in technology.

Alisa Maas, head of mobility and automotricity of IOTA indicates that:

"IOTA's open source protocol is predestined to be an accelerator of innovation for any type of business idea based on information trust, transaction resolution and secure scalability in machine-to-machine communication"

Image from: https://blog.iota.org/audi-think-tank-iota-foundation-explore-tangle-based-mobility-use-cases-29d43e1cf51

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