IOTA Partners with VW to Operate Autonomous Driving Updates

IOTA cryptocurrency technology on dark background

German car giant Volkswagen has announced at the CeBit conference this weekend that they will be collaborating with IOTA on a new project.

The companies will present a proof-of-concept that utilizes the IOTA tangle network to provide wireless updates to self-driving cars. The PoC press release outlines VW’s intentions to utilize Tangle for secure data distribution to its smart car fleet. Data suggests that by 2020 as many as 250 million cars on the road will be connected and accessible over remote wireless networks.

The project aims to solve security issues that may arise from centralized data for autonomous car updates being tampered with. It also addresses the need for scalability as the autonomous vehicle industry expands.

Tangle differs slightly from blockchain technology in that it uses Directed Acyclic Graph (DAG) topology, a system which runs transactions simultaneously on different chains.

IOTA have included in their announcement on the partnership that a Mobility-as-a-Service (MaaS) system is also in the works, which would facilitate bookings, payments and trip planning for the smart car industry.

Volkswagen Chief Digital Office Johann Jungwirth announced the partnership on Twitter:

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