The EDAG Group and IOTA blockchain network have partnered to develop the CityBot, an autonomous, fuel-cell-propelled vehicle designed to operate efficiently in urban environments. The CityBot is expected to revolutionize the concept of autonomous vehicles, while addressing key urban challenges such as space utilization and environmental sustainability. IOTA’s blockchain will serve as the backbone for data transfer and payment protocols within the CityBot system, allowing for the trading of digital and physical goods between machines. The project is expected to contribute significantly to smart city revenue, potentially reaching $80 billion by 2026.
