Another cooperation has been declared with IOTA – the Berlin based cryptocurrency start-up at the Connected World conference with Volkswagen. The main reason running the movement is that the future of smart cars [connected] could be decentralized technology.
After the German-based Bosch, a multinational engineering and electronics company, reported that it is intending to adopt the IOTA for its autonomous cars project and its investment in the crypto-firm back in mid-December, Volkswagen has made its move to be part of the tech-world changing wave.
All started with the CDO of Volkswagen stepping in in Jan as he was chosen to be part of the supervisory board of IOTA-Foundation. Johann Jungwirth, has been Head of Digitalization Strategy of Volkswagen AG since November 1, 2015. Jungwirth was named Director, Mac Systems Engineering at Apple in Cupertino, CA (USA), in 2014. He was responsible for innovation in design and engineering in product development as well as hiring, growing and leading a multicultural research & development team and supporting the Special Projects Group.
Being part of the supervisory board concludes with Jungwirth taking action when it comes to the foundation’s annual roadmap and add his comment to the future of the cooperation between Volkswagen and IOTA.
During the Bosch Connected World Conference, the CDO described at what level the potential of free technology actually stands.