Iota Launches Decentralized and Autonomous Industrial Marketplace

Non-profit blockchain organization Iota Foundation has released a platform enabling a decentralized and autonomous industrial marketplace. World’s first autonomous and decentralized virtual marketplace Dubbed the Industry Marketplace, Iota’s new product is a joint initiative that aims to accelerate industrial automation and commercial machine interaction, the organization announced in a blog post on Sept. 19. Serving…

Jaguar Uses Iota in Proof-of-Concept Demo for Tracing Car Energy

Distributed ledger technology (DLT) company Iota has partnered with auto manufacturer Jaguar Land Rover for a proof-of-concept (PoC) demonstration for tracing car energy with DLT. Tracking energy source and usage Iota announced the news in an official blog post on Aug. 30. Per the announcement, Iota is partnering with Jaguar Land Rover and French energy…

Jaguar Uses Iota in Proof-of-Concept Demo for Tracing Car Energy

Distributed ledger technology (DLT) company Iota has partnered with auto manufacturer Jaguar Land Rover for a proof-of-concept (PoC) demonstration for tracing car energy with DLT. Tracking energy source and usage Iota announced the news in an official blog post on Aug. 30. Per the announcement, Iota is partnering with Jaguar Land Rover and French energy…

Honda and GM to Research Smart Grid, Electric Car Interoperability With Blockchain Tech

Major automobile manufacturers Honda and General Motors (GM) are jointly conducting research on electric vehicle and smart grid interoperability using blockchain tech, Japanese news outlet Nikkei reported on May 20. As part of the project, Honda and GM will investigate whether electric vehicles can be used to stabilize the supply of energy in smart grids. Specifically, the companies intend to develop data retrieval…

Iota Partners With Jaguar Land Rover on Crypto Rewards Program

United Kingdom car manufacturer Jaguar Land Rover will use blockchain network Iota to reward drivers with cryptocurrency for data reporting, the companies confirmed in a press release on April 29. Part of a plan to gather better information on road conditions and vehicle performance, Jaguar will distribute Iota’s Iota tokens to Smart Wallets tied to participating drivers. The drivers will then be able to…

Crypto Payments Startup Bringing IOTA to Retail Stores

Zeux has teamed up with IOTA (MIOTA) to support crypto payments at retail stores that accept Apple Pay and Samsung Pay. The London-based fintech firm plans to launch at hundreds of merchants in Europe in April, 2019 and in the US next year. Founder and co-chariman at IOTA Foundation, David Sønstebø says, “Now IOTA digital currency…

How blockchain will transform the IoT

Supply chain, automotive, and sales of industrial sensor data emerge as initial use-case contenders for blockchain and its ilk in the Internet of Things. Two giant industrials, Bosch and Volkswagen, are among companies that are taking seriously the idea that the Internet of Things (IoT) and decentralized data marketplaces should co-exist. That means a type…