Between the 20th and the 22nd of July, IOTA (MIOTA) will be part of a hackathon for the mobility sector in Munich. The hackathon is all about programmers and other highly skilled techies hacking distributed ledger technologies (DLT) and other technologies geared towards the future of permissionless mobility. The hackathon will involve some of the top players in the mobility industry including BMW, Audi, Volkswagen, and Bosch among others. This presence of these players goes to show the scope of this hackathon, and how seriously the mobility industry takes decentralized ledger technologies, such as IOTA.
So what does this mean for IOTA? Well, first this hackathon goes to show that IOTA has a strong use case in the future of mobility. According to Alisa Maas, the head of mobility and automotive at the IOTA foundation, the future of transport will be clean, seamless and on-demand. Essentially this means that the future of transport in not in individuals owning cars. It’s in autonomous vehicles that a person can use on-demand. We can already see this happening in the fast-growing ride-sharing industry. In the future, this is likely to happen with autonomous vehicles running on distributed ledger technologies in a trustless environment.
IOTA (MIOTA) stands to be the technology at the center of this all this, giving it a huge case in this industry. That’s why the IOTA team is taking this hackathon seriously, and is looking to build a real-world prototype from the best ideas that will come out of this hackathon. Essentially this means that IOTA is very much part and parcel of an emerging business-model that looks set to transform the mobility industry all across the world. In