{"id":92969,"date":"2018-11-14T03:00:55","date_gmt":"2018-11-14T11:00:55","guid":{"rendered":"https:\/\/cryptoslate.com\/?p=92969"},"modified":"2019-11-25T04:25:19","modified_gmt":"2019-11-25T04:25:19","slug":"bosch-doubles-down-on-iota-data-marketplace","status":"publish","type":"post","link":"https:\/\/cryptoslate.com\/bosch-doubles-down-on-iota-data-marketplace\/","title":{"rendered":"Bosch Doubles Down on IOTA Data Marketplace"},"content":{"rendered":"<p>One of the original participants of <a href=\"https:\/\/cryptoslate.com\/coins\/iota\/\">IOTA<\/a>\u2019s decentralized data marketplace, engineering and electronics monolith Bosch, has just upped the tempo with the <a href=\"https:\/\/coinmarketcap.com\/\">12th-largest<\/a> cryptocurrency by market capitalization, explaining how its newfangled Internet of Things (IoT) device will play a vital role in the economy of the so-called \u201cambitious cryptocurrency.\u201d<\/p>\n<p>According to a <a href=\"https:\/\/www.bosch-connectivity.com\/newsroom\/blog\/xdk2mam\/\">post<\/a> Monday by the IOT-focused arm of the German multinational, Bosch Connectivity, their Cross Domain Development Kit (XDK)\u2014a \u201cuniversal programmable sensor device\u201d leveraging an armada of sensors to measure various ambient data including humidity, noise and light levels, and acceleration\u2014will be now for the first time be able to simultaneously collect, upload, and sell data on IOTA\u2019s decentralized data marketplace in fully open-source code.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">\u203c\ufe0fConnected devices & data drive the future of our world. A very promising development in this area is taking place right now! Find out what you need to know about the powerful combination of <a href=\"https:\/\/twitter.com\/iotatoken?ref_src=twsrc%5Etfw\">@iotatoken<\/a>, @xkd2mam &  <a href=\"https:\/\/twitter.com\/hashtag\/BoschXDK?src=hash&ref_src=twsrc%5Etfw\">#BoschXDK<\/a> in this blog article: <a href=\"https:\/\/t.co\/FaGZtqEUd5\">https:\/\/t.co\/FaGZtqEUd5<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/IOTA?src=hash&ref_src=twsrc%5Etfw\">#IOTA<\/a> <a href=\"https:\/\/t.co\/Bjg7RdKbYK\">pic.twitter.com\/Bjg7RdKbYK<\/a><\/p>\n<p>&mdash; Bosch Connectivity (@Bosch_BCDS) <a href=\"https:\/\/twitter.com\/Bosch_BCDS\/status\/1061925329009340416?ref_src=twsrc%5Etfw\">November 12, 2018<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<h2>Bosch Bullish on Data, Sees IOTA as Part of the Picture<\/h2>\n<p>Since being unveiled as a pilot program in <a href=\"https:\/\/blog.iota.org\/iota-data-marketplace-cb6be463ac7f\">November<\/a> 2017, the Data Marketplace has been catapulted to become one of the MIOTA token\u2019s prospective powerhouse usage cases\u2014facilitating the purchase and on-selling of IoT data\u2014a commodity the IOTA foundation <a href=\"https:\/\/blog.iota.org\/iota-data-marketplace-cb6be463ac7f\">maintains<\/a> within years will become the \u201cfuel of the future\u201d collected by more than 75 billion devices.<\/p>\n<p>Bosch, which reported <a href=\"http:\/\/fortune.com\/global500\/robert-bosch\/\">$87 billion<\/a>\u00a0in revenues last year and has for decades nestled comfortably in the Fortune 500, seems to be equally bullish on the prospect of having a finger in the pie that is the fledgling, but burgeoning data economy.<\/p>\n<p>Anticipating 20 billion connected devices by 2020, Bosch explained that it felt an affinity for IOTA\u2019s <a href=\"https:\/\/blog.iota.org\/iota-data-marketplace-cb6be463ac7f\">vision<\/a> of an \u201copen and decentralized data lake that is accessible to any compensating party,\u201d and closely <a href=\"https:\/\/www.bosch-connectivity.com\/newsroom\/blog\/xdk2mam\/\">mirrored<\/a> the comments of the team behind the Berlin-based DAG, explaining:<\/p>\n<blockquote><p>Currently, data is mostly limited to the control of a few entities and not available for the broad masses. Therefore, not everyone can develop new use cases or business areas. Especially at this time when data is becoming increasingly important, IOTA presents a counterpart to the status quo with their Data Marketplace.<\/p><\/blockquote>\n<p>The German engineering heavyweight went on to shed light on how its flagship XDK IoT node could double down on this shared vision\u2014citing a number of potential use cases including data-monitored audit trails, and monitoring a machine\u2019s operational status\u2014visible to all stakeholders on IOTA\u2019s Tangle.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>One of the original participants of IOTA\u2019s decentralized data marketplace, engineering and electronics monolith Bosch, has just upped the tempo with the 12th-largest cryptocurrency by market capitalization, explaining how its newfangled Internet of Things (IoT) device will play a vital role in the economy of the so-called \u201cambitious cryptocurrency.\u201d According to a post Monday by [&hellip;]<\/p>\n","protected":false},"author":175,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[35,37],"tags":[],"prediction_market_topic":[],"post_folder":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.9 (Yoast SEO v21.9.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Bosch Doubles Down on IOTA Data Marketplace<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptoslate.com\/bosch-doubles-down-on-iota-data-marketplace\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bosch Doubles Down on IOTA Data Marketplace\" \/>\n<meta property=\"og:description\" content=\"One of the original participants of IOTA\u2019s decentralized data marketplace, engineering and electronics monolith Bosch, has just upped the tempo with the 12th-largest cryptocurrency by market capitalization, explaining how its newfangled Internet of Things (IoT) device will play a vital role in the economy of the so-called \u201cambitious cryptocurrency.\u201d According to a post Monday by [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptoslate.com\/bosch-doubles-down-on-iota-data-marketplace\/\" \/>\n<meta property=\"og:site_name\" content=\"CryptoSlate\" \/>\n<meta property=\"article:published_time\" content=\"2018-11-14T11:00:55+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2019-11-25T04:25:19+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/11\/cryptoslate-cover.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Jonnie Emsley\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Bosch Doubles Down on IOTA Data Marketplace\" \/>\n<meta name=\"twitter:creator\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:site\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Jonnie Emsley\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/cryptoslate.com\/bosch-doubles-down-on-iota-data-marketplace\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/cryptoslate.com\/bosch-doubles-down-on-iota-data-marketplace\/\"},\"author\":{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptoslate.com\/author\/jonnie-emsley\/#person\",\"name\":\"Jonnie Emsley\",\"url\":\"https:\/\/cryptoslate.com\/author\/jonnie-emsley\/\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cryptoslate.com\/author\/jonnie-emsley\/\"},\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/cryptoslate.com\/author\/jonnie-emsley\/#authorimage\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2019\/10\/author-jonnie-emsley.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2019\/10\/author-jonnie-emsley.jpg\",\"caption\":\"Jonnie Emsley\"},\"jobTitle\":\"Contributor\",\"description\":\"Jonnie is a writer and blockchain enthusiast based in Ho Chi Minh City, Vietnam. 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