Bosch announces partnership with IOTA

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Bosch announces partnership with IOTA

The leading home technology trademark Bosch announced today that it purchased “a significant amount” of IOTA tokens in order to support the distributed ledger technology which constitutes the base of the IOTA crypto currency.

In the press release, bilateral hopes and expectations were shared by the heads of both IOTA and Bosch.

To read the full version of the IOTA Bosch partnership press release : Click here to read

The development showed an instant effect on IOTA/USD parity with the price increasing by more than 20 %.

Will the IOTA price increase continue ?

We don’t think that the recent development would have a stabile and constant effect on IOTA/USD parity, depending on the fact that such token purchases can temporarily effect the price.

Category: IOTA Tags : , , , -

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