IOTA Patent Reveals Innovative Approach for Collecting Road Use Charges with Digital Currency
A new patent has mentioned how Distributed Ledger Technology (DLT) like IOTA can be used to facilitate road-user charging (RUC) collection. It also mentions some methods to transfer digital currencies collected to facility owners’ digital wallets. Several research reports have unveiled some challenges faced by transportation organizations in the implementation of road-user charging (RUC) systems. […