Kamis, 23 Mei 2019

Bosch Announce Trial To Use Ethereum, One Step Closer Towards Mainstream Adoption?

German automotive components company Bosch have disclosed they are running trials using the Ethereum network. Although a spokesperson declined to comment further, their vision for the automotive industry includes self-driving technology and IoT connectivity. Nonetheless, as Bosch already have existing relationships with IOTA and Hyperledger, it will be interesting to see how Ethereum might fit into this mix.

Bosch’s Vision For The Future Of Cars

Back in 2017, Bosch CEO, Volkmar Denner set forth the company’s outlook for the future. In doing so, he spoke about four key technologies in AI, cloud computing, IoT networks, and blockchain. While he acknowledged the influence of Bitcoin, he was quick to dismiss the use of blockchain as a currency. He said:

“The first application of blockchain was something that had nothing to do with our IoT. It was a currency that exists only in the internet, you all know it, it’s Bitcoin. So, of course we are not interested in Bitcoins but if you understand this technology in a little bit more detail you easily recognize that it can be used for something completely different. Which is highly relevant for our IoT strategy. We can establish smart and secure contracts between individual human beings.”

The post Bosch Announce Trial To Use Ethereum, One Step Closer Towards Mainstream Adoption? appeared first on NewsBTC.



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