IOTA promised and delivered when they announced that there will be a big news before Christmas. And if I got it right, there will be another one before the end of the year.
Excerpts from the press release:
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.
RBVC (Robert Bosch Venture Capital) also intends to elevate the technology to maturity by bringing it closer to Bosch’s global ecosystem and key partners.
The investment in IOTA’s token, the first ever token investment of RBVC, will help us working closely with the IOTA Foundation to explore the industrialization of this exciting technology.”
“We have been working with the IOTA team for more than one year. I'm very excited about IOTA's innovative tangle technology, which could potentially become the standard underlying technology for trustless machine to machine communication, security and payment in the IoT space”, said Dr. Hongquan Jiang.
This is really amazing. The company probably bought when all the weak hands sold over the last days. I expect other companies will follow the step of Bosch in the near future. If you dive a little bit deeper into the tech you realize how amazing it is.
By the way, the new wallet, formerly called UCL, was renamed into Trinity. Can't await to meet you, Trinity
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