IOTA Foundation announced that Robert Bosch Venture Capital GmbH (RBVC) — the corporate venture capital company of the Bosch Group — has purchased a significant number of IOTA tokens. Dr. Hongquan Jiang, partner at RBVC, will also join the IOTA Foundation’s advisory board.
- https://venturebeat.com/2017/12/19/robert-bosch-venture-capital-bets-on-iota-as-it-invests-in-the-future-of-iot/
IOTA Zoomed past $5/iota in less than few days from it's value of 40 cents. That's an archaic news. But anyone ever thought why it zoomed, just because of a news about Microsoft's partnership?
Hell No!
Valuations for IOTA was just about to shoot anyway, may be not like after Microsoft's partnership announcement or news. But it has a backing of many many large corporates and conglomerates. Some of them -
- Volkswagen
https://twitter.com/morgenmagazin/status/938495307259830272
- morgenmagazin - BOSCH http://www.prweb.com/releases/2017/10/prweb14822551.htm
- LATTICE80 https://www.crowdfundinsider.com/2017/11/125158-lattice80-worlds-largest-fintech-hub-partners-germanys-iota-new-innovation-lab/
- Sopra Steria https://www.soprasteria.com/en/media/press-release/blockchain-and-the-iot-sopra-steria-partners-with-iota
- RuuviLab https://lab.ruuvi.com/iota/
- Innogy https://innovationhub.innogy.com/news-event/3lj6DX6LS0C4SyKmgEOiQq/meet-our-future-customers--machines-with-wallets
- ElaadNL https://www.elaad.nl/news/how-elaadnl-built-a-poc-charge-station-running-fully-on-iota-and-iota-only/
- Ubuntu,Canonical https://insights.ubuntu.com/2017/02/20/iota-iot-revolutionized-with-a-ledger/
- Microsoft Azure BaaS https://azure.microsoft.com/en-gb/blog/azure-blockchain-update-5/
- DIF http://identity.foundation/
- Trusted IoT Alliance https://www.trusted-iot.org/
- F6S https://www.f6s.com/iot/p/iota-team-up-with-f6s-on-a-10-million-dollar-iota-ecosystem-fund-
- Outlier Ventures https://outlierventures.io/our-first-investment-in-tokens-is-iota/
- Refunite https://www.cryptocoinsnews.com/iota-foundation-enters-historic-partnership-with-refugee-nonprofit/
- Sirin Labs https://www.engadget.com/2017/09/26/blockchain-smartphone-sirin-finney-solarin/
- Netobjex https://www.prnewswire.com/news-releases/netobjex-demonstrates-dynamic-electric-vehicle-wireless-charging-prototype-using-distributed-ledgers-and-cryptocurrency-300548157.html
- Nakamo.to http://iotafeed.com/index.php/2017/10/24/brickblock-and-nakamo-to-announce-partnership-to-fuse-real-world-asset-trading-with-the-potential-of-iotas-tangle-network/
- Blockchain Bundesverband e.V.
https://twitter.com/iotatoken/status/880806913881104384
- iotatoken - RSKsmart
https://twitter.com/RSKsmart/status/872450726131359744
- RSKsmart - Ecologie http://www.ecologie.io/
- Evernym, inc.
https://twitter.com/ACTobin/status/903210269874282496
- ACTobin
It was matter for few more days and it's valuation was gonna sky rocket.
Question right now is - whether is it still investible for multiple return in short term goal?
Experts believe because of its distributed ledger technology (DLT) to go beyond a blockchain — it enables machines to securely transact data and money with each other for a micro fee.
All of that makes IOTA a smart choice to invest in for IoT applications.