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IOTA selected by Tokyo Metropolitan Government Program

With the rapid growth of IOTA in Asia and the increasing interest of Asian companies to work with IOTA, we think that this is a unique opportunity for the Foundation to setup a dedicated, staffed office in Tokyo with support from the government and start working with the local ecosystem. Several of the Founders and Core Developers will frequent Japan during the program and the Foundation will setup several Meetups and Events to help kickstart IOTA’s growth in the Japanese community.Participating Japanese…

Robert Bosch Venture Capital makes first investment in distributed ledger technology

Stuttgart, Germany – Robert Bosch Venture Capital GmbH (RBVC), the corporate venture capital company of the Bosch Group, has purchased a significant amount of IOTA tokens, one of the largest cryptocurrencies in the world. In doing so it hopes to intensify the collaboration with the IOTA Foundation, an open-source non-profit foundation from Germany. RBVC also intends to elevate the technology to maturity by bringing it closer to Bosch’s global ecosystem and key partners. “Distributed ledger technology will play an important…

Flash Channels Competition & Statistics

Last month we released the Flash Channels demo and more recently the specialised Micro-payments demo. These demos showcased instant streaming of IOTA tokens in a secure, off-tangle state channels. This technology enables special use cases of IOTA which require sub-second token exchanges among one or more partners. The technology of Flash Channels enables a number of interesting new payment interactions. Never before was it possible to have instant and fee-less value transfer. A perfect example is exchanging tokens in…

IOTA Mixer v1 Released

The IOTA mixer mentioned in my post ‘Research on Private Transactions in IOTA’ is now running on the testnet. You can try it out with your testnet funds here. The mixer is the first application aiming to improve the anonymity and fungibility of IOTA. As mentioned in the above post, as with most cryptocurrencies, IOTA’s ledger is transparent by design. This means that all transactional data can be viewed on a website like the IOTA Tangle Explorer. While Masked Authentication Messaging may be used to encrypt messages sent…

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