CEBIT ’18: IOTA and Volkswagen Present Proof of Concept for Autonomous Cars

IOTA and Volkswagen are demonstrating a Proof-of-Concept (PoC) that uses IOTA’s Tanglesystem for autonomous cars at the Cebit ‘18 Expo in Germany today, June 11th.

The PoC enables Volkswagen to use IOTA’s Tangle architecture to transfer software updates “over-the-air” as part of the car manufacturer’s new “Connected Car” systems.

Tangle is different than blockchain, in that it does not use “blocks” or mining, but rather is built upon a directed acyclic graph (DAG), a topologically ordered system in which different types of transactions run on different chains in the network simultaneously.

According to the PoC press release, Volkswagen’s vision is to use Tangle to securely and wirelessly distribute data within its developing smart car economy. Industry experts expect over 250 mln connected cars to be on the road by 2020, raising the need for frequent remote software updates and transparent data access on a large scale.

A recent IOTA news release states that as part of its partnership with Volkswagen, IOTA may also be integrated into a Mobility-as-a-Service (MaaS) system in the future, a development that would use its distributed ledger technology for trip planning, booking, and payment services within the smart vehicle ecosystem…

Read Full: CEBIT ’18: IOTA and Volkswagen Present Proof of Concept for Autonomous Cars