Skip to main content
Economy of Things


Who does Bosch work with in the context of an Economy of Things? In which alliances is Bosch Research a member?

Catena-X: pooling expertise in market, mechanism, and token design

20.05.2021 | Partnerships/alliances

Bosch, Ocean Protocol, represented by BigchainDB, and have joined Catena-X, bringing their collective expertise in market, mechanism, and token design. They will all support the development of decentralized technologies and business models, as well as incentive systems within Catena-X. Nik Scharmann, Project Director “Economy of Things” at Bosch Research, will advance these causes as an elected member of the Catena-X advisory board. Bosch is one of the founding members of Catena-X, which has been operating as an association in the founding phase since May 7.

The aim of Catena-X is to create uniform data and information flows throughout the automotive value chain.

Bosch and to collaborate on preparations for launch of a fully functional blockchain network

18.02.2021 | Partnerships/alliances

Bosch will evaluate’s collective learning technology as a key enabler in their plans for secure and trustworthy AI-enabled devices. The Artificial Intelligence of Things (AIoT) initiatives will create smart products that autonomously fulfil the needs of businesses and consumers.

Bosch is working with as part of the launch of a fully functional blockchain network (v2.0 main-net), testing key features on the test-net until the end of February 2021. Sharing a common vision, the strategic advance engineering project “Economy of Things” (EoT) at Bosch Research and aim to transform existing digital ecosystems using distributed ledger technologies (DLT) like blockchain. Cambridge-based is also committed to ensuring that artificial intelligence (AI) makes its way into blockchains.

Decentralized identity network launched

28.08.2020 | Partnership/alliances

The consortium for the project “Self-Sovereign Identity (SSI) for Germany”, funded by the German Federal Ministry for Economic Affairs and Energy, has established a decentralized identity network and will use this network to implement a wide variety of use cases over the coming months. The consortium is an association of public and private institutions that have set themselves the goal of building an open ecosystem for identity management in Europe. Among the partners is the team of the strategic advance engineering project “Economy of Things” (EoT) of Bosch Research, as one of the most important building blocks for an “Economy of Things” are digital identities – not only for individuals, but also for organizations and autonomously operating devices.

The “SSI for Germany” consortium aims to build an open ecosystem for identity management in Europe.
Image source: ©


Nik Scharmann

Nik Scharmann

Project Director "Economy of Things"

Nik Scharmann has been leading Bosch’s research activities in the field of the Economy of Things since 2017.

Christian Heise

Christian Heise

Deputy Project Director "Economy of Things"

Since 2018 Christian Heise has been working as Deputy Project Director in the Economy of Things project on the topics of energy and mobility.