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Is IOTA the NEW Bitcoin?

By Newbie123 follow Newbie123   2017 Dec 8, 8:18am 1,517 views   1 comments   watch   nsfw   quote   share    


#investing

https://www.financemagnates.com/cryptocurrency/news/iota-new-bitcoin/
If you are fascinated by cryptocurrency or even invested in it you might want to check out IOTA. There is a lot of noise around IOTA and it jumped recently to became the 4th largest cryptocurrency.

"Unlike the Bitcoin blockchain, however, the Tangle does not rely on miners to confirm transactions. Instead, new blocks are created automatically with every transaction and verified within small groups"

"Its free transactions and “infinite scalability” theoretically make the cryptocurrency ideal for machine-to-machine communication and transactions."

"The sudden high demand for MIOTA tokens comes in the wake of IOTA’s announcement in late November that the IOTA Foundation (founded in 2015) has joined with 20 other companies, including Microsoft and Fujitsu, to create a decentralized data marketplace."
1   Newbie123   ignore (10)   2017 Dec 8, 3:09pm     ↓ dislike (0)   quote   flag      

The price of IOTA is only $4.65 at the moment. Hoping this will turn out to be a great investment. From what i read it sounds very promising. Especially, the corporate partnerships IOTA has established:

IOTA Data Marketplace Partners
( https://blog.iota.org/iota-data-marketplace-cb6be463ac7f )
Samsung Artik
Cisco Systems
Microsoft
Fujitsu
BOSCH
Accenture Labs
Agder Energi
Nordic Impact
Alpiq & Gridsense
APG SGA
Deutsche Telekom
DNV GL Business Assurance
Elering
ENGIE
EWE
ISBM / ICE Lab
Movimento (owned by Delphi)
NTNU
Orange
Oslo Business Region
Poyry
Schneider Electric
Tine
Trianel
TUM
Universidad Nacional de Colombia
University in Oslo
...."tba"

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