The IOTA is a sensation at the end of the year by making an exceptional rise in the ranking of cryptocurrencies. The currency of the connected objects is also ready to continue its rise with the announcement of various collaborations of sizes, including RBVC.
IOTA x RBVC: the new collaboration
After clarifying his relationship with Microsoft through his co-founder, IOTA is once again one of the media. The IOTA Foundation has just signed a partnership with Robert Bosch Ventura Capital GmbH (RVBC), and the information has been confirmed by both parties. Robert Bosch VC is making its very first investment in distributed register technology.
Hongquan Jiang joins the IOTA team
In the process, RVBC partner Hongquan Jiang joined IOTA's board of directors, no doubt in order to bring his experience to the foundation. Hongquan Jiang has also promoted this new IOTA-RVBC duo, explaining:
"We have been working with the IOTA team for over a year. I am very excited about this innovative technology behind IOTA, which could become the standard underlying technology for seamless machine-to-machine communication, and for payment in the IoT space. "
The investor also added:
"There will be a synergy between Bosch and the IOTA Foundation, and I look forward to seeing more industrial adoptions of this technology in the near future. "
IOTA soon in the TOP 5?
While waiting for the fruits of this new collaboration, IOTA continues its meteoric growth boosted by the deployment of its marketplace for the development of applications for IoT. This device, which currently attracts more than thirty sites, has mainly contributed to the record increase of 400% in the market capitalization of the currency. Thanks to this, the latter is propelled to the 6th place of the cryptocurrency ranking according to their capitalization.
IOTA seems well and truly on the way to become a leader in its sector, that of connected objects.
