IOTA

IOTA Joins Forces With 3 Giants In The Industry To Prompt IoT

Three big industry giants, Bosch, Fujitsu and Volkswagen have joined forces with IOTA to utilise its Tangle Technology in order to automate their services and products. Blockchain projects which offer to real-life situations provide a unique service and have succeeded in the past to get visibility within the global industrial community. IOTA is one of those projects with the plan to revolutionise the Internet of Things industry through its blockchain technology. The project by IOTA has been given an increase with the three industry giants, Bosch, Fujitsu and Volkswagen. The IOTA blockchain solutions cater to multiple distinct industrial applications. The year of 2018 has proved to be a great one for the IOTA family in the terms development and growth. Bosch At the end of last year, Bosch a...

IOTA Comes Up Big In The Vehicular Applications Test

IOTA have recently revealed a research paper titled “IOTA Feasibility and Perspectives for Enabling Vehicular Applications” on the 29th August, which discusses the likelihood of using IOTA Tangle as a fundamental feature to improve privacy in Vehicular applications. The authors of the paper, Paulo C. Bartolomeu, Joaquim Ferreira and Emanuel Vieira, discuss the automobile industry and its history. In recent years, the industry has gone through big changes from what it was originally. There have recently been companies and industries which have begun to integrate the ‘much-talked about concept’ IoT (Internet of Things) where all things big and small are referred to as ‘smart things’, all connected through the internet. The idea of IoT has been importantly adopted by the automobile industry i...

Can IOTA (MIOTA) Beat Ethereum Classic (ETC) To The IOT (Internet of Things) Race?

Chart for IOTA/USD (1D) IOTA (MIOTA) is one of a kind cryptocurrency. While the rest of cryptocurrencies have their own blockchains or use other popular blockchains, IOTA (MIOTA) does not run on a blockchain nor does it require one. This is made possible by mathematics. IOTA (MIOTA) has come a long way without using any blockchain but there are still many doubts as to whether or not it can foray into the world of IOT (Internet of Things) without the use of a blockchain. The debate has surfaced once again now that IOTA (MIOTA) has another contender in the world of IOT which seems to have achieved a lot more than IOTA (MIOTA) but still ranks below it in terms of market cap and probably does not have enough resources yet to fully challenge IOTA (MIOTA)’s existence. That contender is Ethereum ...

IOTA Is Flying High With Fujitsu Announcement, The Future Is Bright

 IOTA is certainly a standout project today, after making significant gains through the weekend and the start of this week, IOTA continues to shoot up. This morning, the markets started with IOTA up another 15% from yesterday, hitting values exceeding $0.71. Now of course, we must point out that overall, IOTA is still way down on its progression from the last few months, however this current change of course could mark a new destination for the cryptocurrency. For the first time in a long time, it looks as if an IOTA recovery could now be on the cards. What’s happened? The recent rise in IOTA is as a result of two key things. First of all, a new positive market trend that is pulling many cryptocurrencies back up (for the first time in a number of weeks) and, most prominently, a new announ...

2018 & Beyond For IOTA

IOTA is a crypto coin, established in 2015 and designed for the Internet of Things (IOT). There are many examples of IOT on the market, with the most common being the Amazon Echo. IOT differs from Bitcoin and Ethereum by using Tangle instead of Blockchain and doesn’t face any scalability issues due to its high transaction speeds which increase as the number of IOTA users increases. The Future The industry surrounding the IOT is expected to grow hugely in years to come due to technology advancements and a growing desire for internet connected devices. It is estimated that B2B spending on IOT alone will reach over $267 billion by 2020. If a cryptocurrency linked to IOT follows the same trend, we suggest that this coin has huge potential. This potential is magnified if we compare it to establ...

eToro Platform Now Listing IOTA

Cryptocurrency (among other things) trading platform eToro has announced that they will be adding a listing for IOTA, making MIOTA the twelfth cryptocurrency to be added to the platform, alongside Bitcoin, Ethereum, XRP, Bitcoin Cash, EOS, Litecoin, Stellar, NEO, Dash, Ethereum Classic and Cardano. Coming from a FOREX background, eToro is making good moves and cementing itself as a serious brand within the cryptocurrency community. Just today, it transpires that eToro have secured a sponsorship deal with Premier League football team Crystal Palace, with the motto ‘Cryptocurrency needn’t be Cryptic’ spread across advertising boards at Crystal Palace’s home stadium, Selhurst Park. The listing of IOTA on eToro is good news for both sides of the coin. IOTA’s IoT platform is one that promises t...

BTC And LTC Find Balance, XLM And MIOTA Struggling To Maintain

After a very unsteady week, the markets really are struggling to level out the playing field. As it stands, everything is a little shaken up. After earthquake of a crash that started at the start of the week, we expect a number of aftershocks to continue to put pressure on a number of altcoins and Bitcoin too. Therefore, today’s outlook no doubt resonates what we will see throughout the rest of this week and the weekend too. Don’t worry too much, the markets will recover from this, but at the moment I guess it is pretty hard to be optimistic. This bear grip is very tight, another sell off could be looming and overall, I don’t think we are out of the woods just yet. At the time of writing, Bitcoin is valued at $6,401.17, down 0.16%. Bitcoin has managed to remain above $6,000.00, but many ar...

Markets Rebalance As Heavy Correction Halts The Fall Of BTC, XRP, EOS And IOTA

After a catastrophic day in the markets, it seems to slide has finally come to an end today, letting us start the mid-week period with a little bit of an optimistic outlook. This optimism may be short lived, as many do believe the decline of crypto hasn’t come to an end just yet, either way though, let’s relish in the fact that as it stands, crypto is no longer falling. What is happening here? This market decline is organic, it may be in response to world economics but generally, there isn’t one lone factor causing this, this is simply put, a response to various different events and situations, causing a sell off which is causing values to tumble. Overall the consensus has been that the markets will fly high again soon, but major cryptos will find new bottoms in the process. Notably, many ...

Sirin Labs Crush IOTA With This Announcement

Sirin Labs, the team behind the up and coming ‘Finney’ blockchain smartphone have made a recent announcement that replaces IOTA, as their chosen blockchain partners, with the unlikely pairing of Sirin and the Ethereum blockchain. Upon the initial announcement of the Finney, it was made pretty clear that the phone would work via IOTA’s Tangle DLT (distributed ledger technology). This was clear through the Sirin Labs whitepaper. According to Coinjournal, Sirin Labs have since made a recent announcement that confirms the project will no longer be using IOTA blockchain technology and instead, will be using the Ethereum blockchain and nodes hosted within the Sirin HQ. Nimrod May, the Chief Marketing Officer of Sirin Labs has said: “We are not working with IOTA. We considered the option and deci...

Market Update – Unsteady Day Ahead For Markets, BCH And ETC Fly, MIOTA Falls

The markets continue to exist within an uncertain limbo today. Values are changing but not in a good way, overall, everything seems to be very unsure. We can’t see the markets heading in one unified direction, instead, values seem to be moving on their own. In essence, the markets are super volatile at the moment, it’s hard to keep track of what is going on and it’s even harder to predict what will happen next. At the very least, let this serve as a reminder of just how risky cryptocurrency investment is. At the time of writing, Bitcoin remains just above $7,000.00. It’s safe to say the $8,000.00 dream is now but a distant memory, though Bitcoin is now back up, slightly, at 0.31%. Hardly an indication of a looming bull run though I am afraid. Otherwise, let’s take a look at the stand...

Market Update – BTC, ETH And XRP Down, MIOTA Breaks Away

Is it correction, or is it something else? Is this trend just what we need to get used to for August too? The markets are down once again, except this time, the major cryptos are taking big leaps downwards. The markets have been so volatile the past few weeks, we had hoped that off the back of some positivity, this week would give us a nice level playing field through which we could build some hope for August. There is good news in here of course, with Bitcoin dominance flying high. For now though, as it stands the markets are retreating again and there’s not much we can do about it. At the time of writing, Bitcoin is valued at $7,349.96, down 4.37%. Bitcoin has lost nearly $1,000.00 over the past few days and is now within reach of the $6,000.00 region. It may not slide past here today, b...

Can IOTA (MIOTA) Compete With Ethereum Classic (ETC) To Capture IOT (Internet Of Things) Market?

Most cryptocurrencies including IOTA (MIOTA) are now close to a trend reversal as can be seen on the IOTA/USD daily chart above and investors are looking to load up on their favorite coins. The chart above shows that IOTA (MIOTA) has respected a historical support line for IOTA/USD since it started trading on Bitfinex, before July 2017. The downtrend resistance since the beginning of the correction has only been tested twice and not been breached once. The price has now started to settle at the lower limit of the triangle it is trading in, and is consolidating before its next move. Technical conditions on the chart favor a rally at this point as breaking support at this point might push IOTA (MIOTA) in a long term bear market. RSI is trading below 40 which indicate that there is a lack of ...

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