- IOTA is finding real-world use cases in city traffic management that will ensure efficiency and safety in driving
- IOTA Tangle’s unique setup has positioned it as the most suited network for improved traffic management in the new digital era.
IOTA’s distributed ledger is offering real-world solutions in the new digital era. A new patent shows how the innovative IOTA Tangle technology can be used in traffic management for driving efficiency and safety. This is important now more than ever with the entry of self-driving vehicles. With the new age of vehicles comes a need for improved traffic management as well as secure data transfers. IOTA Tangle is bringing the much-sought blockchain technology to the up-and-coming autonomous vehicle industry to usher in a new era of traffic management systems.
With the Internet of Things (IoT) industry set to balloon, various projects are working hard to ensure that the systems are secure, efficient, and immutable. IOTA Tangle is an innovative distributed ledger technology (DLT) that is specifically designed for the IoT.
The recently filed patent shows that IOTA Tangle offers a revolutionary distributed ledger technology with a unique new approach to data encryption and validation. In the new digital age, the world needs an efficient traffic management system and robust mechanisms that ensure the security and integrity of the data transmitted between traffic systems and vehicles.
In addition, thanks to its native token MIOTA, the network is able to complete real-time micro transactions. For example, MIOTA could be used to automatically pay for toll charges in a self-driving vehicle.
Distributed ledgers (#IOTA) providing real-world solutions and enhancements to our lives: https://t.co/f9HUrf5zks pic.twitter.com/y33HtU0QYR
— Zakharov (@tastedthefruit) August 19, 2023
The patent highlights the use of ultra-wideband sensors that capture precise information about moving objects within proximity. These sensors allow for the transmission of accurate and secure data regardless of speeds and the nature of the environment.
IOTA’s Tangle technology which uses its unique DAG structure to encrypt data plays a key role in ensuring that all data transmitted across the different systems is encrypted to prevent tampering and unauthorized access. This introduces a new level of security that strengthens the reliability of the traffic systems. Furthermore, IOTA offers these advantages with cost-effectiveness and energy efficiency.
Commenting on the recent development, Benjamin Bönisch VP of Digital Products & Services at ETO GRUPPE, one of IOTA’s partners, has revealed that Approximately 13km of highway in Friedrichshafen will be equipped with IOTA integrated. He noted;
I have to admit that Chat GPT writes excellent summaries. All of this is part of
@alfried_fn. Approximately 13km of highway in Friedrichshafen will be equipped already this autumn with @iota inside. Still in testing but looks very promising.
The success of these tests could see the same application replicated all over the world, driving demand for IOTA technology. For MIOTA investors, this is a welcome prospect that will fuel price gains.
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