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.
Stolen passwords and weak passwords are responsible for over 80% of security breaches in 2018,…
One of the most common questions I get is how I can optimize FPS in…
If you are looking to improve your aim for your favorite competitive FPS title, chances…
Are you looking for a Fortnite clan or team to join? Chances the answer is…
Now that Valorant has been out for quite some time, the players that are looking…
Chronic loneliness can shorten lifespan by as much as 20 years - more than alcoholism…
This website uses cookies.