IOTA received a significant investment from the Robert Bosch Venture Capital GMBH. This is actually the first time when Bosch invests in a Distributed Ledger. IOTA has recently grown immensely. Its market share increased 400 times, and now IOTA takes the 4th place among all cryptocurrencies.
Investment though is not the only surprise from Bosch. According to rumours, RBVC partner, Dr. Hongquan Jiang will join the advisory board of IOTA foundation. A very special interests represents the tangle technology of IOTA. Actually it is based on the Blockchain protocol and allows machines transact and communicate.
Dr. Juang claims that he has been working with the company for more than a year and new technological ideas of IOTA are very interesting and promising.