Bosch is one of the major companies that have developed strong ties with IOTA. Today, they have sent out a tweet about the XDK2MAM project. According to the tweet, XDK2MAM is a software that allows for a better interaction between the BoschXDK and the IOTA tangle.
This is a big deal and could open up the IOTA ecosystem significantly. That’s because with a better interaction between IOTA and XDK2MAM, IOTA’s use case will grow significantly across different industries. It will gain a bigger use case because the BoschXDK is a programmable sensor that can be used to integrate IoT into any device or application. As this sensor gains in adoption for different industry and consumer uses, it will by extension drive up the integration of IOTA as well.
This will have long-term and wide-ranging implications for IOTA (MIOTA). The first one is an exponential growth in the adoption of IOTA. That’s because Bosch is an industry leader in enterprise technology solutions. As such, its programmable IoT sensor stands a good chance of industry adoption, and that’s great for IOTA’s adoption as compared to other cryptos targeting the IoT market. Soon, IOTA (MIOTA) will be the dominant player in the IoT market thanks to the BoschXDK, and it will reward investors bigly.
The Bosch XDK2MAM project will also lead to better security of the IOTA tangle, hence making it more dependable. That’s because the long-term security of the IOTA tangle is premised on it adoption. The more the users of the tangle, the more secure it becomes. Thanks to a programmable sensor that opens up the usage of IoT in any industry, the tangle is poised to gain in mass adoption, making it secure and pretty much impenetrable, eliminating the need for a COO.
In essence, the Bosch – IOTA partnership could be the best thing that ever happened to IOTA. Bosch is not only committed to IOTA, but also has the leverage to drive up adoption of the tangle going into the long-run. Its brand name, and innovative products like the BoschXDK will most likely play a huge role in the adoption of IOTA (MIOTA) going into the future.
This partnership and the moves that Bosch is making, make IOTA highly undervalued at current prices. That’s because right now IOTA is a few steps away from gaining mass adoption in the fast-growing IoT industry, and yet it’s still trading at under a dollar, which is a pale shadow of its all-time highs. Once the bear run comes to an end, IOTA (MIOTA) could be one of the few cryptos that outdo their all-time highs by a huge margin.
IOTA managed to hit a high of $5 based on nothing but hype. Doubling that is highly probable, now that is at the center of a possible trillion dollar industry that will shape everyday life in the 2020s and beyond. The long-term prospects of IOTA (MIOTA) are solid, backed by real adoption and long-term strategic partnerships.