IOTA and Volkswagen Present Autonomous Cars

IOTA and Volkswagen Present Autonomous Cars

Volkswagen partnership that IOTA has acquired not that long ago maybe stands for one of the strategic moves of the IOTA Foundation that could be marked as crucial for the further integration of Tangle into the real-life purpose.

Volkswagen has recognized a great potential in IOTA’s Tangle, given the fact that MIOTA’s network is based upon DAG, which allows this network to function without the need of blocks or miners.

Volkswagen and IOTA have most recently announced that they will be demonstrating Proof-of-Concept, otherwise known as PoC or even as Proof of Protocol, in order to demonstrate the power of this protocol.

The purpose of PoC on this occasion will be focused on enabling autonomous cars as powered by the network Tangle.

The live demonstration was held at Cebit Expo which was held in Germany a couple of days ago, where Proof of Concept by IOTA’s Tangle showed to be an efficient model for enabling the concept of connected cars with available smart apps that run on a blockless solution as provided by IOTA.

The demonstration showed as truly a success, so Volkswagen stated that they are very positive about using IOTA’s technology in order to create smart autonomous carts that are connected to the Internet of Things.

Volkswagen further added that they will be working with IOTA in order to bring the smart car economy to life, where it is expected to have approximately 250 million vehicles that are to be connected through this process in the course of the next two years.

More from IOTA and Volkswagen

Besides from working together with Volkswagen to enable the development t of the smarty car economy where over 250 million cars are expected to join the project by the end of 2020, IOTA is said to be working on more projects with this company.

Being one of their crucial partners while promoting Tangle as the premium solution for the autonomous car industry, Volkswagen should have IOTA joining Mobile as a Service, otherwise known as MaaS.

Although the project has been confirmed, it is not yet certain when the initial start of the project will occur or when the finishing “product” will be available for the public.

What is known for now is that IOTA might be used as integration for MaaS where its technology would be used for different smart car services that would include making payments, bookings and more.

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