IOTA seems to be the most promising crypto project I have seen after the invention of Bitcoin. IOTA solves most of the problems (technical and political) with any other crypto currency. The main purpose of IOTA is to serve the machine economy by enabling feeless M2M (Machine to Machine) payments.
Currently at 1.17USD as of writing this blog;
Its GUI wallet looks like;
This wallets seems to have multi-lingual support for the following languages for better user experience;
A Novel Approach to Blockchain (source: blog.iota.org)
IOTA tangle technology was designed to meet the requirements of machines and their IoT transactions. Its architecture is based on cryptographically secure algorithms and a protocol layer that focuses on validating transactions in a Directed Acyclic Graph structure (DAG).
A real peer-to-peer network — by machines for machines without any transaction fees
IOTA offers a unique set of distinctive features to machines that sets it apart from other blockchain technologies.
Recently many big corporations are partnering with IOTA to push the technology to the next level.
(Image source: newsbtc.com)
IOTA has partnered with Microsoft, Fujitsu, BOSCH, BMW and twenty other companies including Accenture to develop a blockchain solution.
Analysts predict that business-to-business spending on IoT technologies & solutions would reach $267 billion by 2020. More & more devices will create a near-endless stream of data, and the market for data-driven insights is being eyed as a catalyst for the IoT growth.
It seems all attention has been diverted to Ethereum, Bitcoin and its forks. IOTA has received attention due to its hard work and merits. Analysts and YouTube enthusiasts are predicting 300$ to 3000$ per MIOTA somewhere in near future. Gear up and prepare yourself to a technology that could change the crypto space.
Do your research and invest wisely...
