Patent filings pertaining to blockchain technology tend to generate a lot of buzz. Bosch, a well-respected company, is now filing a patent for a digital payment system on IOTA.
Most people know that IOTA uses different technology compared to other cryptocurrencies.
The Tangle has proven to be of great interest for various companies.
Bosch is one of those firms effectively filing patents for projects built on top of IOTA.
This new filing primarily focuses on building a digital payments system.
That is an interesting option, as Bosch is a well-known manufacturer of various pieces of hardware.
Exploring payments in between such devices would be a great boon for the IoT industry.
As far as patents involving IOTA are concerned, over 110 filings have been recorded to this date.
It is evident that the developers of this project are checking a lot of the right boxes for onlookers.
How all of this will affect the ecosystem as a whole, remains an unanswered question.
When targeting the IoT industry, it is often a waiting game before anything significant occurs.
In terms of the MIOTA price, it seems unlikely that the Bosch patent will make much of a difference.
All markets remain rather bearish under the current circumstances.
Velocity Ticket is trying to fix a major gap in businesses, and the approach it…
Axelar is moving fast to contain damage after identifying a security incident that has resulted…
suiUSDe now has a dedicated landing page. The token, officially the eSui Dollar, comes out…
Ventuals has fully wound down its HIP-3 DEX, and vHYPE withdrawals are now open. The…
Avalanche has launched the Avalanche Payments Collective, bringing together 28 organizations spanning nearly every layer…
A wallet tracked as 0x5f91 just opened a fresh 5x leveraged long on ASTER, putting…