High-level participation in the IOTA Foundation from the automobile giant Volkswagen

Johann Jungwirth, who previously held senior positions at Apple and Volkswagen companies and most recently worked as technology director at Volkswagen, the largest automobile manufacturer in Europe, joined the IOTA Foundation.

A statement on the subject. David Sønstebø, founder of IOTA, said:

“We can confirm that Volkswagen’s Chief Digital Officer, Johann Jungwirth, has joined the IOTA Foundation. He will serve both organizations and help us with his experience and expertise. More details will come about this relationship and other plans we will make with Volkswagen shortly…”

Bosch has also received a substantial amount of IOTA

In recent days, regarding IOTA important developments are taking place. In a recent statement, the foundation announced that Robert Bosch Venture Capital, the corporate venture capital company of the Bosch group, has purchased a significant amount of IOTA.