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FogNet: Where IOTA (MIOTA) Cryptocurrency Combines With Bluetooth.

IOTA (MIOTA) –A lot of people who are familiar with technology, miniaturization and advancement are not always tired of listening to IOTA’s awesome technology.

One important use case of IOTA is FogNet. The idea which won the first position at an IOTA Hackaton sometimes back.

FogNet is regarded as an alternative to internet. It uses Bluetooth and the IOTA protocol to serve internet connectivity instead of relying on service providers.

As a decentralized network which transfers data, it depends on p2p data transfer using the FogNet “routers” made up of an Arduino device coupled with a Bluetooth Low-Energy device. This routers can connect to a neighborhood mesh of other FogNet routers.

Through it, you can seek web contents, videos, and so on from neighbours who depends on that routers as well.

Since Bluetooth is enabled on nearly all devices today, the technological innovation can be used on any computer, smartphone or any other Bluetooth enabled devices.

A Distinct Solution To Rural Internet.

Today, FogNet should be seen as a unique solution to hurdles faced in remote areas where internet exist in low quality or does not exist at all.

At the moment, FogNet serves contents through regular internet, but there may be improvement on the idea in the nearest future.

Audi Think Tank & IOTA Foundation explore Tangle-based mobility use cases

On the July 25th, the IOTA Foundation announced a one week Google Design Sprint with Audi Denkwerkstatt to build a permissionless mobility ecosystem. Audi Denkwerkstatt is Audi’s Think Tank based in Berlin. The two firms will be exploring Tangle-based use cases, build a low level prototype and to gather customer’s feedback.

IOTA said in a statement:

“The Audi Denkwerkstatt team consists of seven Audi employees who support 15 colleagues from all business areas, levels and age groups in generating, validating and implementing ideas about premium mobility within six months. The aim is to establish business models independently or in cooperation with others.”

The joint effort will pave way for IOTA to be integrated into a new mobility solution with expertise from Audi.

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Audi Is Exploring Blockchain For Its Distributional Network

German Ingolstadt-based car manufacturer Audi is testing Blockchain technology for its physical and financial distribution processing, Cointelegraph auf Deutsch reported today, March 30. With its new solution, Audi aims to increase the security and transparency in its global supply chains.

The car manufacturer released a Proof-of-Concept (PoC) of its Blockchain system last year, after successfully testing the technology based on IBM’s Hyperledger Fabric. Due to positive feedback, Audi’s management decided to advance the project beyond the PoC stage.

The research team comprised of representatives from various organizational units such as finance, production, logistics and IT are currently exploring the representation and documentation of international logistic processes, including financial settlement.

Furthermore, the team is exploring various use cases for Blockchain to improve the safety of data transfers, effectiveness of supply chains, management of local energy grids and for the management of digital entities.

Alexander Dietmeier, Head of Group Treasury at Audi AD, stated in an interview with Die Produktion that Blockchain has potential to change various operating principles within industrial companies and opens up new possibilities. Dietmeier also stressed that he believes it likely that Audi will be offering cryptocurrencies as a payment method in the near future.

Other German car manufacturers such as BMW, Mercedes and Porsche have recently hit the headlines with announcements of their own experiments with Blockchain technology.

Mercedes Benz, a subsidiary of the automotive group Daimler AG, is issuing its own cryptocurrency MobiCoin to reward drivers for environmentally cautious driving. Carmaker Porsche is exploring the utilization of blockchain apps in its vehicles in cooperation with the Berlin-based startup XAIN.

BMW is reportedly planning to expand its portfolio by partnering with a Blockchain startup and jointly developing a system for ethical sourcing of cobalt for its products.