IOTA Will Collect Your Trash, Mow Your Lawn, Collect and Transport Data and People, Shovel Snow, Clean Streets, or Water Trees in 80 Billion Dollar Market – Smart EDAG Robot Car
IOTA and EDAG Group collaborate to unveil CityBot, blending IoT with autonomous mobility.
Set to debut in Frankfurt in 2023, CityBot aims at a chunk of the anticipated $80 billion smart city revenue by 2026.
In a follow-up to our latest post on the partnership between IOTA and the EDAG Group, a tweet by Collin Brown @CollinBrownXRP sheds light on the multifold urban applications of the EDAG Smart Robot Car powered by IOTA’s Tangle technology:
Smart #EDAG Robot car: trash collector and lawn mower. IOTA’s Tangle has myriad uses – a payment system and a secure, transparent data store for vital info.
The future runs on #IOTA and #Shimmer! Retweet to spread the word! pic.twitter.com/1TycH5ACEg
— Collin Brown (@CollinBrownXRP) October 1, 2023
The alliance forged between IOTA and EDAG Group back in 2019 continues to thrive, setting the stage for revolutionary autonomous mobility solutions. With CityBot at the forefront, EDAG employs IOTA’s blockchain for secure data transfer and payment protocols. The year 2023 is marked for substantial progress with CityBot scheduled for real-world trials on the streets of Frankfurt.
EDAG CityBot: A Glimpse into Future Urban Mobility
CityBot, employing fuel-cell propulsion, stands as a testament to eco-friendly urban mobility. It’s meticulously crafted to stay perpetually operational, optimizing urban resource utilization. Its various avatars, like a group taxi, cleanup vehicle, and delivery agent, are fortified with IOTA’s blockchain for secure communications and micro-transactions. Collin Brown further amplified the anticipation surrounding the project, tweeting,
Learn more: https://t.co/oDE23kfq5t pic.twitter.com/7BeQgy62yW
— Collin Brown (@CollinBrownXRP) October 1, 2023
IOTA’s Pivotal Role
The IOTA blockchain unfolds a diverse arena, with its enabled marketplace ushering machine transactions for digital and physical goods. This resonates with EDAG’s envisioning of a multi-functional vehicle, active tirelessly, curtailing parking space requisites notably. Through IOTA’s Tangle technology, autonomous interaction and data exchange amongst vehicles are facilitated, and payments are seamlessly processed via IOTA cryptocurrency, thereby catering to the IoT exigencies of the project while ensuring efficacious data transfers and transactions.
Filed under: Bitcoin - @ October 2, 2023 7:04 am