IOTA might be one of the most successful currencies in the terms of finding numerous use cases for its unique “blockless” technology, Tangle. Besides from getting IOTA charging station for electric vehicles, IOTA got some serious partnerships with tech and automotive giants like Volkswagen, BMW, and Bosch.
Moreover, IOTA foundation might have produced the greatest number of working or developing blockchain-based products through a clever use of Distributed Ledger Technology.
When all the facts and moves are summed up regarding the roadmap and the overall developments of IOTA foundation and their related products, it is easily concluded that the 11th largest currency is surely showing a lot of potential, which hasn’t changed since the time MIOTA was first issued under the code of IOTA foundation.
As IOTA is developing in the matter of pushing MIOTA towards mass adoption, it also needs to be noted that the foundation and their native currency also seem to have headed towards establishing the Industry 4.0.
IOTA (MIOTA) Might be the Stepping Stone of the Industry 4.0
The numerous use cases that IOTA has found for its unique technology, Tangle, is what in reality provides a true image of its value, which should be observed beyond the numbers in the market charts.
Partnering up with major companies like Bosch, Volkswagen, BMW, and Fujitsu, IOTA is showcasing capabilities of its technology, however, only tackling some issues that could be solved with blockchain-based technology.
Given the fact that Tangle is representing a blockless network that operates without blocks within the network, IOTA is allowed to embrace a wider potential regarding the overall scalability of the network. That network is well utilized by acting as a medium within the Internet of Things, enabling machine-to-machine communication and prompt transaction of data and monetary value.
The Industry 4.0 should represent the next generation of the industry of manufacturing and should be driven with the same promptness we are using the internet for sending information today.
The next generation industry should allow for complete automotive systems while also enabling communication and operational power through machine learning.
With their latest achievements, IOTA seems to have become the stepping stone of the Industry 4.0 ever since the moment when IOTA launched the first ever charging station for electric vehicles, able to process your IOTA based payment in seconds while using IoT and machine-to-machine communication.
Moreover, Volkswagen will be using Distributed Ledger Technology as provided by the foundation in order to launch a new product that Volkswagen will be using for their cars. The product should be out in early 2019 and should showcase another use case of IOTA, dubbed Digital CarPass, additionally contributing to the increased safety of the road and within the automotive industry.
As IOTA has also provided magnificent Cross Domain Development Kit for Bosch, Fujitsu is also offering a gateway for IOTA straight towards the continued work on achieving the Industry 4.0 standards by entering various test projects that across the automotive and manufacturing industry, which would further enable smart factories that would run on IOTA’s Tangle.
And all these projects and achievements seem to be only the beginning of it all, as Tangle certainly holds a massive potential for leading the revolution towards the Industry 4.0 that would be driven by automotive decentralized systems, all powered with machine learning and AI.
IOTA and the Mass Adoption: Words and Deeds, Indeed
IOTA foundation is not only focused on developing different products that would enable the foundation to ignite a solid beginning of the Industry 4.0 where computation technologies should enable fast and cost-effective ecosystem for the manufacturing industry but are also working on the mass adoption of the native currency MIOTA.
MIOTA is currently having a minor rise of 0.54% with trading at the price of 0.56$ with some bold predictions that say that IOTA might even reach 5$ by the end of the year.
Price aside, IOTA foundation approached to mass adoption even closer with the launching of the service, called Delion, which enables sending payments via email address with using IOTA as your method of payment. While Trinity Wallet is an improved version of the first wallet that the team has previously released, it is still a fact that it does not solve the problem of mass adoption.
One of the things that mass adoption acquires is a user-friendly approach, which is said to have been enabled with the latest service launched by a German-based developer and IOTA supporter, Malik Dakdaki.
As Delion is surely set to make IOTA closer to mass adoption with an easy-to-use way of sending payments with MIOTA, BitPanda exchange is also promoting the adoption of IOTA by integrating the IOTA Hub in their system.
This way, IOTA is getting more on its accessibility as IOTA Hub is created in order to make IOTA integrations with different platforms and services functional, as well as simple and easy to use.