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.

MoveIDs act as self-sovereign identities (SSIs) built on the blockchain, permitting autonomous transactions between vehicles and connected infrastructure. The demonstration at IAA Mobility highlighted autonomous transactions between connected devices: a smart car, charging station and signal for parking.

A Jaguar electric vehicle(EV) showcasing decentralized tech w/ integrated payment abilities. Source: Cointelegraph

Cointelegraph was on the ground in Munich and spoke with Peter Busch, project lead for moveID and product owner for Distributed Ledger Technologies Mobility — an automotive connectivity thinktank of Bosch — along with Leonard Dorlöchter, co-founder of Peaq Network, to better…

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