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German Security Firm Looking At Car Wallet For IOTA Payments

The tech firm, Accessec is a security company based in Germany and they have recently announced a new vehicle-based wallet that will enable cars to automatically buy fuel or charging services through the utilisation of the MIOTA token. Last week, the security firm showed off its new Car Wallet to the public last week which is integrated with the vehicle. The wallet will interact with a point of sale terminals automatically when it comes to buying fuel or other vehicle-related services. The wallet will be able to start services like authorising a battery-point to start charging and pay the amount...

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The Difference Between Blockchain and IoT

The terms ‘Blockchain’ and ‘Internet of Things’ often appear side by side, though in order to understand the true implications of these technological revolutions, we need to actually understand what they are, and of course, how they can work together. The blockchain, as you probably know is a trustless and secured network that can automate a range of processes and can provide storage solutions. Cryptocurrency is a great example of a product that can exist on the blockchain, though the blockchain isn’t simply limited to finance, the blockchain can be used to facilitate a range of processes, from games to...

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IOTA Utilised By Dutch Tech Firm For Smart Electricity

ElaadNL is a technology firm based in the Netherlands and has recently developed a proof of concept for a smart power grid for electric vehicles using the internet of things focused on IOTA Tangle technology. Bit of a mouth full, I know. The announcement came yesterday which and says that the proof of concept shows the ability of smart grids to not only consume power but also generate it and autonomously redistribute it throughout the community. The initiative was based on IOTA’s Tangle technology purportedly lets the charging devices autonomously make the decision for whether there is a need to...

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IOTAs New Partnership Will Digitise Energy Market

The IOTA Foundation has recently joined forces with the public enterprise based in Denmark, Energinet in an effort to bring the energy ecosystem closer to the Internet of Things (IoT). The two bodies inked an agreement to work together in exploring the use of IOTA Tangle for energy markets and domains of IoT. Energy The enterprise provides electricity and gas transmission services which also includes gas distribution and storage. Energinet has been looking into the use of distributed ledger technologies in the past to speed up their transformation into green energy. The Danish company is now aiming to explore IOTA’s...

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IOTA’s New and Improved Qubic Team

Back in December, the IOTA Foundation began to restructure their process for developments by introducing the Omega team. Now, the Foundation has now revamped its Qubic team in which Eric Hop recently announced through a blog post by the firm. In the blog post, Hop discussed the new focus of the team in areas like ICT, Qupla, IXI, FPGA/ASIC and Qubic. Last month, the restructure of the Omega team by IOTA where every member decided to work on an individual focus point. With this, each team member is allowed to work on a specific section of the project. Each separate...

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