German Security Firm looking at vehicle-based wallet for MIOTA payments
- Accessec, a German security tech firm, announced a new Car Wallet which will automatically purchase fuel or charging services with MIOTA tokens.
- Accessec had worked previously with IOTA when they performed an audit on the Trinity Wallet project.
Accessec, a German security tech firm, recently announced a new Car Wallet which will allow vehicles to automatically buy fuel or charging services through the utilization of the MIOTA token. Sven Feuchtmüller, a research consultant at Accessec, said:
“In the car-and-charging-station example, one could simply drive towards the station and plug in the charger… [A]uthorization and payments would be automatically done by your car in the background.”
Dominik Scheiner, the co-founder of the IOTA Foundation, expressed his excitement over the benefits it could bring to the ecosystem:
“Companies like Accessec who are building actual products on top of IOTA help us to accelerate the adoption and importance of IOTA in industry and make it easier for companies across all industries to capture value out of the offering of IOTA.”
Author
Rajarshi Mitra
Independent Analyst
Rajarshi entered the blockchain space in 2016. He is a blockchain researcher who has worked for Blockgeeks and has done research work for several ICOs. He gets regularly invited to give talks on the blockchain technology and cryptocurrencies.
