IOTA (MIOTA) is clearly, a remarkable crypto project that will take the crypto-sphere by storm. The patterned solution aimed at striking connectivity between fiat industries and the decentralized world is taking new shapes. Latest developments and strategic partnerships are the clues that the cryptographic project is going places.
Can you imagine what the world would be like when the human factor is eliminated? The trend is already closing in on us. From self-driven cars to using robotics in major franchises, it’s clear that human interference is on the last lap.
IOTA (MIOTA), a blockchain-based platform, takes the cue from all these and aims at connecting industries through the blockchain. It’s worth mentioning that the proposed influx of Internet of Things (IoT) devices in the coming months tend to improve the platform’s quest to connect industries in a decentralized manner.
The Volkswagen Perspective
As the drive for adoptions dominated the crypto-sphere in the early months of 2018, IOTA (MIOTA) was among the crypto coins that struck gold after collaborating with fiat companies. It is on record the partnership with Volkswagen literally “shot the coin to limelight”.
Several months down the line, more partners are willing to swim to the future with the “next-generation distributed ledger technology” that comes from the coin’s blockchain framework.
Improving the Fortunes of Machine-to-Machine (M2M) Communication
It seems that every decade has something to offer. The internet came at a time when people were still engrossed in the traditional use of postal services for communication. To improve the lot of the target audience, mobile telecommunication services, which has since seen the incorporation of smartphones, also joined the trend. Now, millions of people all over the world make use of social media (powered by the internet), and access quality contents from the comfort of their homes (courtesy of evolutions in telecommunications).
Now, another evolution that will shake the world is at hand. Picture a scenario where drones make deliveries for ordered products. While this may seem a tale by moonlight, IOTA (MIOTA) is already working to that end. The platform’s disposition to facilitate machine-to-machine communication is a step in the right direction. Considering the groundbreaking moves by the blockchain technology, there’s no doubt that the platform can achieve this milestone if taken seriously.
In addition, it doesn’t limit the use case to individuals/end-users. Major beneficiaries are industries, such as automobile makers who stand to benefit from the machine-to-machine communication.
The prospects posit that machines that have access/or are connected to the internet, can interoperate to perform a transaction without human interference. Considering the idea of decentralization, as enshrined in the blockchain technology, IOTA (MIOTA)’s solutions is indeed, an endless stream that connects industries without intermediaries/human interference.
Connecting Devices
There is never a doubt that IOTA (MIOTA) has edged its footprints in the sands of time. Specifically patterned for the Internet of Things (IoT), aimed at creating relevant connectivity among industries.
Earlier, the focus was on the automobile industry, where it aimed at connecting cars and IoT devices. The aim was to provide a platform for seamless integration and update of relevant technologies in automobiles. Now, with IOTA (MIOTA) at the side, China is expanding its frontiers on automobile making. The focus is now on the development of connected electric cars.
Away from Automobiles; IOTA (MIOTA) turns to Telecommunication
In the build-up to its numerous collaborations, the coin struck a deal with Fujitsu. In the early weeks of 2019, Fujitsu delved into an area that will accelerate IOTA (MIOTA)’s functionalities. The deal saw Fujitsu striking collaboration with Ericsson with the aim of floating the 5G network in Japan.
How would this be of benefit to IOTA (MIOTA)?
It is worth noting that the current data networks revolve around the 2G-4G. As hopes are high that more connected devices will be in circulation within the year, it became imperative to have the necessary framework that will enhance the move.
The anticipated 5G network that will come from the stable of the Fujitsu-Ericsson partnership, will not only be a mainstream data network. It’s also ideal for delegation in the IoT world. With IOTA (MIOTA) already securing the front and having Fujitsu as a partner, it will be a bumper harvest, as the coin takes another shot at the Internet of Things.
Connecting the Streams
IOTA (MIOTA) has the perfect blockchain architecture to buoy the move for a connected world. As the year gradually unfolds and brings forth what it has for the crypto community, IOTA (MIOTA) intends to get more inroad in the world of IoT in the later months of the year.
