A good Reason to invest in IOTA

 After the latest announcements about IOTA (MIOTA) partnering with the Taiwanese government in order to elevate Taipei (capital of Taiwan) to a modest IoT compatible Smart City, fresh news hit the community  wanting IOTA’s Tangle (an alternative network to blockchain created by the IOTA Foundation) to be the basis for an encrypted database where Digital Citizen Identification data will be stored and used in order to avoid traditional methods of identity theft and voting fraud as the major examples. At the same time, the digital ID network based on IOTA’s Tangle could carry information regarding a citizen’s health status, geolocation and could be used to authorize governmental level services, such as social security.The previous revelation of IOTA’s role in the upgrade of Taipei, where Airbox, a company powered by Realtek and ASUS among other networking and sensor specializing companies, teams up with the legal authorities of Taipei City and IOTA to create palm-sized artificial trees, with sensors that can detect, analyze and promote information regarding the city’s temperature, humidity, light and air pollution, using the Tangle Network through IoT based applications and Coordinators around the city, was a big surprise for both the Internet Of Things (IoT) community as well as for the Distributed Ledger Technologies (DLT) community as many started to lose faith in IOTA during the recent bear market that affected pretty much every dlt platform. The artificial sensors will be placed at citizen areas as well as in 150 elementary schools of the city.Wei-Bin Lee, the commissioner of the Departement of Information Technology (IT) in Tawain, confirmed that Taipei will be working with IOTA (MIOTA) and BiiLabs on the Digital Identification project, telling that it was one of the many proof-of-concept plans the city had. Mr. Lee added that Taipei will be working closely with IOTA in several projects the Smart City could benefit from, besides the ID and Artificial Palm-Tree Sensors, all using IOTA’s revolutionary Tangle network and stated that this is just the beginning of the relationship between the three parties (Taipei City, IOTA Foundation, and BiiLabs) in order to make Taipei a fully IoT based Smart City.