IOTA
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Volskwagen Group Confirm They Are Working on Using IOTA and Other Blockchain Tech in Their Cars

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Volskwagen Group Confirm They Are Working on Using IOTA and Other Blockchain Tech in Their Cars

volskwagen-group-confirms-they-are-working-on-using-iota-ethereum-and-bitcoin-in-their-cars

Volskwagen Group Confirm They Are Working on Using IOTA and Other Blockchain Tech in Their Cars

Leading car manufacturer Volskwagen AG are putting blockhain and crypto technology to real use in another significant endorsement from an industry giant.

Explaining their intentions on Twitter, the company outlined several areas in which both the tech itself and crypto-assets are being used:

Bringing #blockchain systems to the road: We’re working full steam ahead on making super-safe #cryptosystems available to our customers. For filling the tank, unlocking your car – and all kinds of other possibilities: #bitcoin #ethereum #iota— Volkswagen Group (@VWGroup) August 8, 2018 Blockchains on the Road

In their post on their website titled “Putting blockchains on the road,” the company further describes their enthusiasm for the space and the “enormous” potential they believe it affords the automotive industry.

Although it is hard to ascertain specifics from the posts, the company outlines “maintenance, logistics, self-driving vehicles and specialized solutions such as tamper-proof odometers,” as several of the areas they view as ripe for the tech.

Benjamin Sinram and Nicolai Bartkowiak, of Volkswagen Group IT, according to the post are working “full steam ahead” to bring the technology into real use. Bartkowiak explained:

Blockchain technology also offers a lo...
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