IOV has earned recognition from NürnbergMesse, a Germen state-owned giant and won the annual automotive industry innovation award in the 2018 Shanghai International Future Mobility Conference (FUMOTec). This is the first time that the German automotive organization has awarded awards to a connected-car blockchain project.

According to IOV’s European operations officer, IOV has already started cooperation with German partners in the automotive industry in many areas, including international electric vehicle grid standardization, vehicle intelligent hardware leasing, maintenance services, etc., and is poised to start research collaboration with institutions from German universities on blockchain technology. It is believed that IOV blockchain technology will upgrade the automotive consumer industry on a global scale in the future.