Venture capital Robert Bosch Venture Capital GmbH (RBVC), which belongs to the Bosch Group, announced the acquisition of a significant number of tokens IOTA — cryptocurrency for the «Internet of things». The company intends therefore to intensify its cooperation with the Fund IOTA. RBVC also intend to improve the technology and adapt it to the global ecosystem and the key partners of Bosch.
«In the future the technology of the blockchain will play a key role in the industry of tomorrow, commented Dr. Ingo Ramesohl (Dr. Ingo Ramesohl), managing Director of RBVC. — Bosch is one of the first actively engaged in the implementation of blockchain technology in the automotive and Internet industry Things (IoT). Investments in token IOTA will help us to work closely with the IOTA Foundation for the industrialization of this unique technology.»
In addition, the Director of RBVC said that the cooperation with the IOTA team have been going on for years. This joint work is the development of innovative technologies and the first decisions will be announced by the end of 2018. A token purchase is evidence of the credibility of IOTA, which I share over 30 of the world’s leading companies.