Volkswagen’s CDO Calls IOTA, Web 3.0 At Bosch Connected World 2018

February 22, 2018 by Cameron Bishop

johann jungwirthThe Chief Digital Officer (CDO) of Volkswagen Johann Jungwirth presented in the Bosch Connected World 2018 IoT focused conference (BCW18) and presented a detailed view of how IOTA (IOT) will play an important role in shaping up the global autonomous vehicle market, with Internet of Things as the platform.

In the final week of January 2018, the IOTA Foundation announced that Jungwirth is joining its Supervisory Board. Jungwirth has been the CDO at Volkswagen since November 2015. He was responsible for driving the digital transformation of Volkswagen Group’s 12 brands, including Porsche, Bentley, Audi, Lamborghini, Buggatti and other well-known car brands. Notably, Jungwirth joined soon after Hongquan Jian, partner at Robert Bosch Venture Capital, joined the IOTA Foundation’s Advisory Board.

While confirming Volkswagen’s interest in investing in IOTA, Jungwirth referred IOTA as Web 3.0. Dominik Schiener, co-founder of IOTA Foundation, took questions from the audience and clearly explained about IOTA and applications of IoT.

 

Notably, IOTA Foundation is one of the 19 companies to be short-listed by the Swedish central bank, Riksbank, for its e-krona project.

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Cameron works tirelessly behind the scenes ensuring his many US news stories are factual, informative and brought to you in a timely fashion before most other media outlets have them. He is an investigative journalist at heart who also has a fond interest in the money and business markets too.

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