IOTA and High Mobility sign partnership agreement

IOTA and High Mobility want to jointly develop a solution that closes the gap between app developers and automobile manufacturers in the hope of becoming the hub for the development of Smart Mobility Services. According to a medium post, both companies have signed a Memorandum of Understanding. Already on 06 November they will present their first joint project at the IOTA Meetup.

High Mobility is an award-winning API platform company focused on digital development tools for networked cars. High Mobility’s products are intended to simplify cooperation between automobile manufacturers and software developers and become the decisive software layer between the networked car and the outside world. IOTA now wants to gain a foothold in this interface between automobile manufacturers and software developers and integrate the IOTA Tangle.

The first joint project, which will start in just a few weeks, will show why agile start-ups like High Mobility are well positioned to accelerate the adoption of IOTA’s technology. To start the collaboration, the two companies have focused on a Smart Charge blueprint that shows how developers can create and test apps on the IOTA platform using High Mobility’s standardized Connected Car API: The initiative aims to translate the value of IOTA’s open source technology into real applications and catalyse the ecosystem of both parties.

Alisa Maas, Head of Mobility and Automotive, IOTA Foundation explained:

In the course of the last month, the Foundation has expanded its open and unlicensed mobility and automotive ecosystem and launched an “early adopter movement”. When I met the founders Kevin and Risto in Stuttgart in 2016, I immediately liked their pragmatic approach and their focus on solving real industry problems. I am convinced that bridging the gap between companies and developers and implementing easy-to-use and scalable tools will solve the most important implementation problems.

Kevin Valdek, CTO of High Mobility said:

We have seen great interest among developers in combining vehicle data with distributed ledger technologies. With IOTA’s Ledger and the team’s vision for future mobility, we will see how it is applied to many new services. The type of applications that can be enabled with IOTA’s leading-edge technology and vehicle data is diverse. In the first Blueprint, we see not only how vehicle data can be transferred to a ledger, but also how it can be combined with charging infrastructure and payments. I am confident that this will bring ideas into our community.

The Internet of Vehicles

In simple terms, IOTA’s main goal is to revolutionize the industry by introducing a distributed Internet of Things (IoT) platform where machines can communicate with each other and optimize their real-time data exchange performance. And while this concept implies any kind of internet-enabled machine, it seems that the automotive industry is currently a major focus.

For example, at the bIOTAsphere event on September 27 in Toronto, Canada, a proof of concept for automobile insurance was presented at which the Tangle exchanges real-time data with insurance companies to change insurance rates according to driving behavior.