The IOTA Foundation signed a new Memorandum of Understanding (MoU) with High Mobility. The main intention is to leverage IOTA’s services into the developer platform created by High Mobility. The information was released by Alisa Maas, Head of Mobility and Automotive at the IOTA Foundation a few days ago.

IOTA Signs a New MoU With High Mobility

High Mobility is a company that focuses on digital developer tools for connected cars. IOTA, instead, aims at innovating and transforming the Internet of Things industry.

In the press release, the company explains that High Mobility will be bridging the gap between car manufacturers and app developers. By integrating IOTA, it would be possible to improve the applications integrated into the automotive industry. IOTA will be providing content, blueprints and other tutorials to the developer platform.

With this MoU, High mobility will allow big companies to engage with independent developers from all over the world. It will be possible to standardize car APIs for seamless prototyping.

Alisa Maas said that the industry starts recognizing the potential that blockchain technology has. About it, she mentioned:

“As the industry begins to recognize the huge potential of distributed ledger technology it is essential to establish collaborations that enable permanent innovation and the growth of a multi-player ecosystem.”

The first project is expected to be executed in just a few weeks, according to Maas. Startups such as High Mobility can accelerate IOTA’s technology. This will make High mobility a key player on the IOTA’s network.

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