ITIC partners with IOTA to create a global smart city testbed network

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ITIC partners with IOTA to create a global smart city testbed network.
IOTA is a distributed ledger technology (DLT) that enables machines to securely transact data and money with each other for a micro fee.

It continues to gather pace, with a more than 400 percent increase in token value since the successful launch of its data marketplace in November 2017, and a significant investment from Robert Bosch Venture Capital in December of last year.

Today, The IOTA Foundation has announced that it has with the International Transportation Innovation Center (ITIC). The goal? To build a global alliance of smart mobility testbeds — platforms to think through innovations and test new applications, processes, products, services and business models to determine their usefulness, suitability, and viability before implementation.

Why is that significant?



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ITIC partners with IOTA to create a global smart city testbed network