Antonio Madeira · 17 hours ago · 5 min read
HIGH MOBILITY and the IOTA Foundation both sign a Memorandum of Understanding to collaborate on the integration of IOTA content, blueprints and tutorials into HIGH MOBILITY´s developer platform.
A Perfect Startup to Accelerate IOTA’s Technology
HIGH MOBILITY, a multiple-award winning API platform company focusing on digital developer tools for connected cars, has partnered with IOTA Foundation.
The IOTA Foundation is the supporting company behind IOTA, an open-source distributed ledger powering a secure, scalable and feeless transaction settlement layer.
According to the company’s press release, HIGH MOBILITY aims to bridges the gap between car manufacturers and app developers by integrating IOTA content, blueprints and tutorials into their developer platform.
The API Developer wants to enable big corporates to engage and work with thousands of independent developers simultaneously and enable developers to use standardized car APIs for seamless prototyping.
Joint Project Exploring Putting Vehicle Data on a Blockchain
IOTA’s open source technology will reportedly offer new opportunities for autonomous and electric vehicles and infrastructure, fostering ride and car-sharing applications and connecting mobility participants in a new peer-to-peer ecosystem.
Alisa Maas, Head of Mobility and Automotive at the IOTA Foundation said:
“As the industry begins to recognize the huge potential of distributed ledger technology it is essential to establish collaborations that enable permanent innovation and the growth of a multi-player ecosystem”
Kevin Valdek, the chief technical officer at HIGH MOBILITY said that the company has seen a lot of interest from developers in combining vehicle data with distributed ledger technologies. He further stated that their development team is currently looking into how vehicle data can be put onto a ledger, but also how it can be combined with charging infrastructure and payments.
According to the press release, with the rollout of the integration of IOTA into the HIGH MOBILITY platform both parties have agreed to provide lightweight and easy to understand documentation and webinars.
Get an edge on the cryptoasset market
Access more crypto insights and context in every article as a paid member of CryptoSlate Edge.
Join now for $19/month Explore all benefits