Passenger or goods transport, pizza stand or road cleaner – there are almost no limits to the possible uses to which the EDAG CityBot can be put. What makes the business models possible is IOTA, a data communication and payment protocol. The services available are offered on an IOTA-enabled marketplace, and charged and paid for after execution by either machine-to-machine or machine-to-infrastructure payments.
Statement by IOTA:
With outstanding teams of forward-thinking individuals, the EDAG Group and the IOTA Foundation are jointly challenging the status quo. By utilizing IOTA’s open source, feeless and green infrastructure the EDAG CityBot is able to securely interact with millions of humans and machines. This ultimately creates a safe, automated and sustainable environment for us humans.