The Robert Bosch Venture Capital GmbH (RBVC) has made a significant investment in IOTA, according to sources close of both companies. This is the first investment in distributed accounts technology for Robert Bosch VC

IOTA, the cryptocurrency for the Internet of Things (IoT), has recently experienced explosive growth. The market capitalization of the IOTA cryptocurrency (MIOTA) rose 400%, reaching fourth place among all cryptocurrencies after the company announced the launch of its data market in late November. Hongquan Jiang will join the advisory board of the IOTA Foundation. IOTA's "entangled" technology, which is a generalization of the Blockchain protocol that allows IoT machines to communicate and transact, is particularly interesting for the RBVC group. Speaking of recent investment, Dr. Jiang said: