Tag Archives: Iota

Eden Labs – IoT Solutions, Part 1: IOTA

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When analyzing a project, the Eden Labs team looks for projects that do something unique or do it much better than its competition. Quality projects should be able to explain complex ideas simplified to their audience. In addition, projects that rely heavily on a broad user base have to have an incentive for the first ten people to join the network before a million users is ever achievable. No project will succeed if it requires a million participants to bring any value to its users. Continue reading Eden Labs – IoT Solutions, Part 1: IOTA

IOTA Expands Its Collaboration With Fujitsu, Bosch, And Volkswagen

A lot of digital currency fans believe that only blockchain projects that solve real-life problems will remain in the crypto industry on the long run. Therefore, it’s not surprising that the enthusiasts of IOTA (MIOTA) are still passionate and excited about the blockchain project and the various chances it holds to transform the Internet of Things (IoT). Continue reading IOTA Expands Its Collaboration With Fujitsu, Bosch, And Volkswagen

Reevaluation: which cryptocurrencies are worth investing in 2018?

The last year is called a year of cryptocurrencies. Overall, in 12 months the total capitalization of virtual currencies has grown by more than 3300% from $18 billion to $613 billion. Despite the fact that the cryptocurrency market was burning with fever at the beginning of 2018, the result it showed in 2017 is considered the best in the whole history of the restricted assets class. Continue reading Reevaluation: which cryptocurrencies are worth investing in 2018?

IOTA Cofounder is Optimistic for the Cryptocurrency’s Future

With bitcoin, ethereum and other big name digital currencies regularly making the news for their role in controversies and developments, it is often easy to overlook the rest of the cryptocurrency market, even those rising in prominence like as IOTA. With a market cap of around $5 billion, it is currently the eleventh most valuable cryptocurrency. Unlike others, however, IOTA has its own unique spin on the blockchain tech, called Tangle. It is also able to boast zero transaction fees. In recent times, IOTA’s heritage in the German capital has clearly attracted several indigenous companies with deep pockets. For instance, the Chief Digital Officer of Volkswagen Group, Johann Jungwirth, is one of the board members of the IOTA Foundation. Bosch Group, through its venture capital arm, RBVC, has also invested an undisclosed amount and works closely with the foundation. When interviewed by Bloomberg, IOTA co-founder Dominik Schiener shared his belief that with these new partnerships, IOTA is heading for the “next growth cycle”. There are also rumors circulating in the crypto community surrounding a possible smart contracts-like feature in IOTA. Setting up multiple offices around the world, including ones in Canada, Japan, Norway and South Korea, is perhaps in anticipation of explosive growth following these changes.

Reference: https://www.ccn.com/iota-cofounder-is-optimistic-about-the-cryptocurrencys-future/