Bosch, EU and blockchain companies to build decentralized IoT: IAA Mobility

The engineering and technology company Bosch is at the head of a forthcoming, blockchain-based digital mobility project with backing from the German government, which was demoed live at IAA Mobility 2023 in Munich, Germany.

At the event, Bosch, alongside collaborators such as Mobix and Peaq Netowork, revealed a peer-to-peer parking and charging scheme utilizing moveIDs on the Peaq ecosystem.

A Jaguar electric vehicle(EV) showcasing decentralized tech w/ integrated payment abilities. Source: Cointelegraph
A Jaguar electric vehicle (EV) equipped with a moveID communicating with a traffic light to signal charging availability via blockchain transactions. Source: Cointelegraph

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