IOTA And Audi Complete Collaboration Project – Results Are Positive

IOTA And Audi Complete Collaboration Project – Results Are Positive

According to Blokt, the IOTA Foundation announced on Saturday that their four to five-month innovation sprint with Audi produced positive results for the industry. During the collaboration, IOTA helped Audi solve real-world problems in the areas of mobility, automotive, and the Internet of Things.

During the first initial weeks of the innovation sprint, Audi spoke to domain experts to define and assess their current problems. The team then worked with more experts to develop the first prototype, gain feedback, and move towards gaining product-market fit. The IOTA Foundation then worked with Audi as external consultants and helped them implement the IOTA technology in their existing operations, business models, and use cases. The Audi team reported very positive learnings from the IOTA team. Both sides learned from each other’s expertise and contributed to the final results.

When it comes to IOTA’s MIOTA token, in the last few days the price has remained quite low in line the stubborn market conditions. However, recently today, it appears as though the market has bounced back quite nicely, with many greens across the board, With Bitcoin and even IOTA hitting double-digit greens. According to Coinmarketcap, IOTA is currently sitting at $0.26 cents with a market cap of approximately $712 million.

What do you guys think?
Do you think despite IOTA’s current price, the company is performing well?
Or do you think they still have a long way to go?

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