{"id":4601,"date":"2018-02-13T08:03:10","date_gmt":"2018-02-13T08:03:10","guid":{"rendered":"https:\/\/www.legitgambling.com\/news\/?p=4601"},"modified":"2018-02-13T08:03:10","modified_gmt":"2018-02-13T08:03:10","slug":"bosch-use-iota-autonomous-vehicle-project","status":"publish","type":"post","link":"https:\/\/www.legitgambling.com\/news\/bosch-use-iota-autonomous-vehicle-project\/","title":{"rendered":"Bosch To Use IOTA For Autonomous Vehicle Project"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-1709 alignleft\" src=\"https:\/\/www.legitgambling.com\/news\/wp-content\/uploads\/2017\/11\/iota.jpg\" alt=\"\" width=\"380\" height=\"250\" \/>German multinational engineering and electronics company Bosch is planning to use IOTA (IOT) for its autonomous car project. <\/p>\n<p>The crypto currency market became aware of the plan when Sarah Nizze, Bosch\u2019s marketing manager, informed through a tweet that the 131-year old company is working to deploy IOTA in its autonomous vehicle project.<\/p>\n<p>The announcement coincides with the fifth annual conference to be hosted by Bosch later this month, celebrating the Internet of Things (IoT). <\/p>\n<p>More than 140 speakers are expected to participate in the Bosch Connected World 2018 conference. The conference, which aims to provide a platform for education and inspiration to IoT, is expected to take place between February 20 and 22.<\/p>\n<p><center><\/p>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\">\n<p lang=\"en\" dir=\"ltr\">Deploying <a href=\"https:\/\/twitter.com\/hashtag\/IOTA?src=hash&amp;ref_src=twsrc%5Etfw\">#IOTA<\/a> in autonomous cars &#8211; we give it a try at <a href=\"https:\/\/twitter.com\/BoschSI?ref_src=twsrc%5Etfw\">@BoschSI<\/a> hackathon <a href=\"https:\/\/twitter.com\/hashtag\/BCX18?src=hash&amp;ref_src=twsrc%5Etfw\">#BCX18<\/a>! Join <a href=\"https:\/\/twitter.com\/hashtag\/TeamLars?src=hash&amp;ref_src=twsrc%5Etfw\">#TeamLars<\/a> <a href=\"https:\/\/t.co\/PQVx4KC7wD\">https:\/\/t.co\/PQVx4KC7wD<\/a> <a href=\"https:\/\/t.co\/zkoRHZbcBG\">https:\/\/t.co\/zkoRHZbcBG<\/a><\/p>\n<p>&mdash; Sarah Nizze (@SarahNizze) <a href=\"https:\/\/twitter.com\/SarahNizze\/status\/962231566666731520?ref_src=twsrc%5Etfw\">February 10, 2018<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<\/center><\/p>\n<p><strong><a href=\"https:\/\/www.calcalistech.com\/ctech\/articles\/0,7340,L-3731506,00.html\">Tal Dekel, Bosch\u2019s senior technology scout in Israel<\/a>,<\/strong> said<\/p>\n<blockquote><p>\u201cThis investment represents Bosch\u2019s transition from a hardware company to a company that deals with data and monetization of data.\u201d<\/p><\/blockquote>\n<h2>Bosch\u2019s Big Plans:<\/h2>\n<p>Last July, <a href=\"http:\/\/www.bbc.co.uk\/news\/av\/technology-40509282\/bosch-brain-drives-autonomous-tesla-car\">BBC reported that Bosch<\/a> is working with Elon Musk\u2019s Tesla to create the an autonomous driving car. At that time, Bosch had mentioned that it plans to deploy the autonomous driving technology in cars within the next five years. Notably, Uber and Google are also involved in similar projects.<\/p>\n<p>In December <a href=\"https:\/\/www.forbes.com\/sites\/montymunford\/2017\/12\/19\/robert-bosch-venture-capital-makes-first-investment-in-distributed-ledger-technology\/#4cadf2076260\">Forbes reported that the corporate venture capital company of the Bosch Group<\/a>, <a href=\"http:\/\/www.rbvc.com\/\">Robert Bosch Venture Capital GmbH (RBVC)<\/a>, has purchased a significant amount of IOTA tokens.<\/p>\n<p>Established in 2015, the IOTA Foundation is a Germany-based non-profit organization focused on distributed ledger technology and permissionless ecosystem development. IOTA\u2019s open-source distributed ledger protocol for the IoT enables scalable, machine-to-machine payments and secure transfer of sensor data. In simple terms, IOTA\u2019s block chain technology enables machines to securely transact data and money with each other.<\/p>\n<p>IOTA has also <a href=\"https:\/\/data.iota.org\/\">launched a data marketplace<\/a>, with more than 30 participants such as Accenture Labs, Fujitsu, Samsung Artik, Orange, Deutsche Telekom, TINE, and many more.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>German multinational engineering and electronics company Bosch is planning to use IOTA (IOT) for its autonomous car project. The crypto currency market became aware of the plan when Sarah Nizze, Bosch\u2019s marketing manager, informed through a tweet that the 131-year old company is working to deploy IOTA in its autonomous vehicle project. The announcement coincides [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[68,71],"tags":[],"class_list":["post-4601","post","type-post","status-publish","format-standard","hentry","category-cryptocurrency","category-iota"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Bosch To Use IOTA For Autonomous Vehicle Project<\/title>\n<meta name=\"description\" content=\"German multinational engineering and electronics company Bosch is planning to use IOTA (IOT) for its autonomous car project. Sarah Nizze, Bosch\u2019s marketing manager, informed through a tweet that the 131-year old company is working to deploy IOTA in its autonomous vehicle project.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.legitgambling.com\/news\/bosch-use-iota-autonomous-vehicle-project\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bosch To Use IOTA For Autonomous Vehicle Project\" \/>\n<meta property=\"og:description\" content=\"German multinational engineering and electronics company Bosch is planning to use IOTA (IOT) for its autonomous car project. Sarah Nizze, Bosch\u2019s marketing manager, informed through a tweet that the 131-year old company is working to deploy IOTA in its autonomous vehicle project.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.legitgambling.com\/news\/bosch-use-iota-autonomous-vehicle-project\/\" \/>\n<meta property=\"article:published_time\" content=\"2018-02-13T08:03:10+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.legitgambling.com\/news\/wp-content\/uploads\/2017\/11\/iota.jpg\" \/>\n<meta name=\"author\" content=\"Cameron Bishop\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Cameron Bishop\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.legitgambling.com\\\/news\\\/bosch-use-iota-autonomous-vehicle-project\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.legitgambling.com\\\/news\\\/bosch-use-iota-autonomous-vehicle-project\\\/\"},\"author\":{\"name\":\"Cameron Bishop\",\"@id\":\"https:\\\/\\\/www.legitgambling.com\\\/news\\\/#\\\/schema\\\/person\\\/0e2e077765174748afc2362c890e3f91\"},\"headline\":\"Bosch To Use IOTA For Autonomous Vehicle Project\",\"datePublished\":\"2018-02-13T08:03:10+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.legitgambling.com\\\/news\\\/bosch-use-iota-autonomous-vehicle-project\\\/\"},\"wordCount\":347,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.legitgambling.com\\\/news\\\/bosch-use-iota-autonomous-vehicle-project\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.legitgambling.com\\\/news\\\/wp-content\\\/uploads\\\/2017\\\/11\\\/iota.jpg\",\"articleSection\":[\"Cryptocurrency\",\"IOTA\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.legitgambling.com\\\/news\\\/bosch-use-iota-autonomous-vehicle-project\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.legitgambling.com\\\/news\\\/bosch-use-iota-autonomous-vehicle-project\\\/\",\"url\":\"https:\\\/\\\/www.legitgambling.com\\\/news\\\/bosch-use-iota-autonomous-vehicle-project\\\/\",\"name\":\"Bosch To Use IOTA For Autonomous Vehicle Project\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.legitgambling.com\\\/news\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.legitgambling.com\\\/news\\\/bosch-use-iota-autonomous-vehicle-project\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.legitgambling.com\\\/news\\\/bosch-use-iota-autonomous-vehicle-project\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.legitgambling.com\\\/news\\\/wp-content\\\/uploads\\\/2017\\\/11\\\/iota.jpg\",\"datePublished\":\"2018-02-13T08:03:10+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.legitgambling.com\\\/news\\\/#\\\/schema\\\/person\\\/0e2e077765174748afc2362c890e3f91\"},\"description\":\"German multinational engineering and electronics company Bosch is planning to use IOTA (IOT) for its autonomous car project. 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