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Automatically refuel and pay with IOTA – German developer team presents Car-Wallet

the The Accessec GmbH, a company for safety strategies on 28. February a on the IOTA-Tangle-based Wallet for motor vehicles is presented. The automatic fill-up

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Automatically refuel and pay with IOTA – German developer team presents Car-Wallet
the The Accessec GmbH, a company for safety strategies on 28. February a on the IOTA-Tangle-based Wallet for motor vehicles is presented. The automatic fill-up and Pay for it to be so easy and safe. In addition, the built-in Wallet supports the development of a range of compatible technologies.

Brigitte Bernhardt
8. March 2019BTC$3.909,22 0.63%part Facebook Twitter LinkedIn xing mail

One of the promising fields of application for IOTA is smart mobility. On a specific project BTC-ECHO reported in July 2018. Currently a IOTA initiated the ideas competition on the theme of Smart City, in which it also has to do with the Networking of vehicles to be running. The German Tech-security companies Accessec with the built-in Car-Wallet, a further step in the direction of Smart Mobility.

Fuel and Pay with the IOTA Token

on The IOTA-Tangle-based Wallets allow you to auto-Recharge or Charge of the so-equipped vehicles. The Wallets can be directly with POS-Terminals [Point-of-Sale Terminal: a cashless Online point of sale] to interact to, for example, the payment to a merchant. The user must ensure only that the two hardware components are physically close enough to interact with each other.

Through the simultaneous use of a motor Vehicle Wallet and the matching PoS-terminal solution, whether it is automotive suppliers, manufacturers and charging infrastructure companies, all vehicle equip expensive equipment and charging stations with compatible technology. The team of developers have a simple and trusted authentication and validation process developed, bringing benefits to all its Participants, - stated in the press statement, the BTC-ECHO.

security focus

As IT security and identity management belong to the core business of Accessec, the developer team according to high standards for the project. It is under all the components examined in detail on security features, enterprise page. So a strict SDLC has been during the entire development process (Secure Software Development Lifecycle). The specialist represented the possible threats, and conducted a basic risk analysis.

you have important insights that are used for the production. Thus, security issues would pose an existing and implemented Wallets or PoS-Terminal software modules no longer a threat, the statement said. Now Accessec strives for further cooperation with industrial companies and infrastructure operators.

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