Tag: IOTA (MIOTA)

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IOTA (MIOTA) To Be Integrated With The Ledger Nano S Wallet

The IOTA Foundation will integrate IOTA (MIOTA) tokens with Ledger hardware crypto wallets, according to a press release recently released on Cointelegraph. The IOTA Foundation is a nonprofit organization that supports the development and standardization of distributed ledger technology (DLT) and focuses on building ecosystems around IOTA (MIOTA) to facilitate its commercial adoption.

In November 2017, the Foundation had $255 million in tokens as foundation funds, $22 million as ecosystem fund and $20 million as unclaimed IOTA from the sales to the public. After integration with the Trinity and Romeo IOTA wallets, the Ledger Nano S hardware portfolio will allow users to protect their private keys by only accessing to their IOTA (MIOTA) tokens on a particular chip isolating the keys of users from their computers or smartphones.

That will allow users to validate transactions in their Ledger Nano S hardware wallet as part of the security protocol. The Ledger wallet has a chip similar to that used for credit cards or passports. As previously reported, the Japanese ICT conglomerate Fujitsu announced the launch of a proof of concept (PoC) based on IOTA (MIOTA) for audit trail processes in the manufacturing industry.

IOTA (MIOTA) to be integrated with the Ledger Nano S wallet

IOTA and Fujitsu are reportedly working on implementing the IOTA protocol as an “immutable data storage medium” for audit trails in “industrial production environments and supply chains” to improve transparency, data trust, and data security.

Also, in June, IOTA and Volkswagen presented a PoC that uses IOTA Tangle technology for stand-alone cars. The PoC allows Volkswagen to use IOTA Tangle architecture to transfer software updates “over the air” as part of the automaker’s new “Connected Car” systems. IOTA Tangle is another type of DLT explicitly designed for the Internet of Things (IoT) environment.

It is an open-source protocol that facilitates interactions between machines, including secure data transfer, real-time micropayments, and other data. At the moment of this article, the IOTA (MIOTA) token is trading at $0.483, with a market capitalization of about $1.34 billion, according to CoinMarketCap data.

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Crypto

IOTA (MIOTA) To Become A Fierce Competitor For Ethereum (ETH), Thanks To Qubic

There is ongoing excitement in the just-released IOTA (MIOTA) Qubic, as the community lists potential examples of using the technology, such as oracle computers, subcontracted calculations, and smart contracts, which makes it a prospective contender for Ethereum.

As a result of the introduction of Qubic, the staff behind IOTA (MIOTA) is currently preparing an expanded AMA to shed light on the ongoing strategies for advancing Qubic.

Very soon we will have an extensive #AMA on #IOTA, Qubic, strategy and so on. I encourage a healthy and constructive discussion about #Qubic (microHash is a good example), but if you are not sure, etc., wait for WADA.

David Sonstenbo, IOTA (MIOTA) co-founder, on Twitter

Since Qubic was disclosed, IOTA enthusiasts have been full of hope. Several analysts have been speculating on the different applications involving the product and their implications. But no one appeared to be completely correct until the crew behind the concept came out to thoroughly discuss what technology has to say in the blockchain universe.

Qubic makes IOTA (MIOTA) a fierce competitor for Ethereum (ETH)

Qubic is reputedly a standard protocol that defines the IOTA standard for quorum-based calculations, including systems such as oracle machines, subcontracted computing, and smart contracts.

One of Qubic’s greatest benefits is its smart computing power, which will put IOTA (MIOTA) at the same level to Ethereum (ETH) that has taken advantage of the development of its new market for ERC20 tokens which are completely reliant on ETH.

As many have grumbled about the poor scalability of Ethereum (ETH) system, which has a high transactional fee that leaves it relatively undesirable for the applications, IOTA (MIOTA) Qubic has the chance to surpass the ETH platform with its outstanding characteristics.

Qubic, that will totally follow the IOTA (MIOTA) protocol, is reported to be much more satisfying and proactive than the Ethereum (ETH) platform. Also, amazingly, Qubic provides tokens which are referred to as “toqens” on the platform.

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Crypto

IoTeX (ITX) Gets On Binance And IOTA (MIOTA) Dealt With Norway’s Leading Bank, DNB

The first day of June brings a big growth for two of the most loved cryptocurrencies of the moment, the IoTeX (IOTX) and the IOTA (MIOTA), the most important cryptos for the technological trends of the present-days, the IoT (Internet of Things) and distributed ledgers.

IoTeX (IOTX) has increased by more than 130% during the last day

Specifically, IoTeX (IOTX) has increased by about 130 % in the last 24 hours, according to CryptoMarketCap, trading at $0.065. The massive growth occurred shortly after Binance, the top-end cryptocurrency exchange in the world, reported the IOTX listing.

Thanks to this significant appreciation, IoTeX (IOTX) has managed to get on the 157th place among all the cryptocurrencies in the world, by market cap with more than $75 million.

Being listed on Binance is a great achievement for IOTX which, until now, only dealt with small-volume cryptocurrency exchange platforms, namely, on gate.io and KuCoin, which both listed this crypto coin last week.

IOTA (MIOTA) has also raised by more than 8% in the last 24 hours

The far more stable IOTA (MIOTA) crypto coin also registered substantial returns today, rising by 8.35% in the last 24 hours, at the moment of this writing, trading at $1.86, while all the other top 20 cryptocurrencies have registered lower gains or even losses.

A statement published by the IOTA Foundation stated that they recently concluded a Memorandum of Understanding with the leading Norwegian financial services corporation, Den Norske Bank ASA (DNB).

As announced in the IOTA Foundation statement, both IOTA (MIOTA) and the Norwegian DNB will be working together in pursuit of discovering how IOTA Tangle technology, described more as a DAG (Direct Acyclical Graph) than as a blockchain, might be beneficial for the bank’s infrastructure of transaction data.

This Friday marks an end of a very full week for IOTA Foundation and its IOTA (MIOTA) crypto characterized by the announcement of Trinity Mobile crypto wallet app.

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Crypto

IOTA (MIOTA): SensorHub, A PoC Application On The IOTA Ecosystem, Is Now Live

There is no doubt that the IOTA (MIOTA) ecosystem is one of those special ones within the blockchain technologies of our days. IOTA blockchain is struggling to differentiate itself from the others and, for this reason, the team behind this cryptocurrency is always innovating to bring the Internet of Thing (IoT) to the next level. Now, on the other hand, SensorHub, a Proof of Concept (PoC) application running within the IOTA ecosystem, is up and running.

Recently, a number of compliments and acknowledgments have not ceased to be heard about cryptocurrencies like IOTA (MIOTA) which are always keen to come with something new.

Also, among the most recent achievements signed by IOTA, there is the partnership with Kontakt.io which, along with other important awards obtained at the most important trading event at Hamburg, in Germany, suggests the fact the IOTA (MIOTA) is superior to other cryptocurrencies in many aspects.

SensorHub is now up and running and it just one of the proofs of the greatness the IOTA ecosystem offers

Yesterday, in a tweet, it was reported that SensorHub, a Proof of Concept (PoC) application within the IOTA ecosystem, is now up and running. This is marketed as a masked authenticated messaging (MaM) solution that relies on targeted sensor monitoring of the Internet of Things.

While MaM technology is currently undergoing a peer review and is still an experimental module, the SnesorHub is a refinement of IOTA technology and is described as a second-tier protocol for data transmission that will improve the “functionality to broadcast and access an encrypted data stream, such as RSS, over the Tangle (the distributed IOTA ledger) regardless of the size or cost of the device”.

SensorHub, a PoC running within the IOTA ecosystem, promises to deliver innovative sensor technologies in the areas of agricultural, farming, supply chain surveillance, vehicle conditioning, personal property tracking, and ambient monitoring.

On the other hand, at the moment of this review, IOTA (MIOTA) trades at $1.71, losing about 9% in the last 24 hours.

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Crypto

IOTA (MIOTA) And Porsche Work Together On The Stratup Autobahn’s “Program 4”

In the latest update on the IOTA Twitter page, is announced that IOTA (MIOTA) and Porsche Digital Labs partnered to develop “Program 4”, a new project conceived by Startup Autobahn.

Startup Autobahn is an entrepreneurial business that was founded in May 2016. The firm was created by Daimler, Plug and Play, University of Stuttgart, and Arena2036. In the meantime, it has employed 9 new enterprises and has been responsible for numerous projects concerning the renewal and the future of transportation. Startup Autobahn intends to unveil its plans at the forthcoming Expo Day in July 2018.

Even more, Startup Autobahn successfully introduced IOTA (MIOTA), Porsche and several other technology start-ups to create a smart transportation platform for innovation. In February, Porsche began a trial run regarding this new blockchain technology in the vehicles industry. Blockchain technology delivers a safer network and enhances automobiles licensing.

The IOTA (MIOTA) partnership with Porsche in the development of blockchain technology for smart transportation will help the crypto in the long-run

IOTA is a pioneering organization that runs an open source ledger that allows secure transactions and data transfers between the technologies within the Internet of Things (IoT). IOTA is renowned for cleverly using DAG instead of the blockchain that causes it to be exponential. IOTA provides free transactions no matter how large the data and transaction are.

The IOTA (MIOTA) cryptocurrency is, at the moment, the 9th crypto coin in the world. IOTA (MIOTA) holds a market capitalization of $6.4 billion with an outstanding supply volume of $113 million. At the moment of this publication, the IOTA (MIOTA) trades at $2.28, as the coin dropped by about 2.6% in the last 24 hours.

Just 3 day ago, on May 3rd, IOTA (MIOTA) soared to $2.65, its maximum level reached in the last 4 months. During that day, MIOTA’s market capitalization had hit the $7.3 billion level.

Now, that IOTA (MIOTA) works with Porsche to the “Program 4” blockchain technology for smart transportation, within Startup Autobahn, MIOTA value might increase in the long-run.

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