First VW IOTA Product Will Be Released Early Next YearsteemCreated with Sketch.

in #crypto7 years ago (edited)

iota.jpeg

The first Volkswagen product to use IOTA’s Tangle is expected to be released sometime next year.

The German car manufacturer confirmed rumors that it expected to have the protocol ready and available for its customers early in 2019.

A Proof-of-Concept (PoC) proposing how Tangle can be integrated into Volkswagen’s vehicles had been jointly published by the IOTA Foundation and VW during the CEBIT’18 Expo show, held in Hannover last week.

According to the PoC as well as a panel discussion held at the show, one of the key areas both companies are looking at is using Tangle as a means to transfer software updates to Volkswagen’s autonomous vehicles ‘over the air’.

A spokesman from Volkswagen told Crypto Briefing that Tangle was first going to be used as part of the Volkswagen Connect feature, as a means for individual drivers to check how many miles their cars have driven.

Coin Marketplace

STEEM 0.22
TRX 0.25
JST 0.039
BTC 95470.30
ETH 3313.37
USDT 1.00
SBD 3.15