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Here’s The Latest IOTA Partnership News

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The IOTA foundation is further pushing their agenda for the use case of the Tangle in the Internet of Things through IOTA partnership with three firms. These firms are Volkswagen, Bosch and Fujitsu. The industrial applications of the IOTA tangle have been demonstrated on numerous occasions in collaboration with the three partners as shall be outlined below.

IOTA Partnership with Bosch

At the Bosch Connected World 2018 event, the advantages of IOTA were demonstrated as the cooperation between the two firms was emphasized. With IOTA, Bosch wants to influence the value chain in the automotive and Internet of things sector.

At the end of last year, Bosch introduced its new sensor XDK or Cross Domain Development Kit. This sensor, on the IOTA tangle, will take automation to a whole new level through Machine-to-machine communication.

IOTA Partnership with Volkswagen

VW presented a new proof of concept together with IOTA at the CEBIT 2018 event. This was a demonstration about the use of the tangle to secure software transfer. VW wants to integrate the technology into its products as we move into a future of autonomous vehicles. Cars can get data they need for certain updates and function as part of an evolving digital world.

2020 has been predicted to usher in over 250 Million networked cars with 75% of this number connected to the internet. Therefore, to abate security fears, the IOTA tangle would be best suited for the transfer of information to and from the vehicles on the road.

IOTA Partnership with Fujitsu

Fujitsu has an amazing global network of over 140,00 employees supporting customers in over 100 countries. Fujitsu, being an IT service provider, wants to use IOTA to test projects for its customers who are in the manufacturing and automotive industries.

Leopold Sternberg, Program Manager of Fujitsu’s Industry 4.0 Competence Center, had this to say about the future of using the IOTA tangle:

“Fujitsu is well-equipped to introduce IOTA as the new protocol standard because we are both experts in IT services and manufacturing IT products.”

Summing it Up

These three large industrial partnerships will be the backbone of mass applications of IOTA. The IOTA foundation has plans to increase its partnerships with time, but the existing ones will serve as a litmus test for the problem-solving capability of the IOTA Network.

Market Performance of MIOTA

The fake news that the Goldman Sachs firm from Wall Street was shelving plans for a Bitcoin and Crypto desk, gravely affected the crypto markets. BTC is the backbone of everything, dropped from comfortable levels of $7,400 to current levels of $6,292 in a span of less than a week.

With the fall of Bitcoin comes the ripple effect to other less dominant coins such as MIOTA. The digital asset had recently recovered from the terrible levels back in August when it was valued at $0.46. At the end of August, MIOTA had managed to climb to $0.77. Those gains have since been eroded away as the digital asset is now trading at $0.55 due to the Goldman Sachs fake news.

The general short-term direction of the crypto markets is one of uncertainty. But 5 years down the line, we will be laughing talking about how a small market dip in 2018 made us panic.

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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

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Altcoins

TRON Ecosystem New Addition — CryptoDungeons

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CryptoDungeons
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According to the recent Medium post published by TRON Arcade, a blockchain-based RPG called CryptoDungeons is to become the latest hit on the TRON blockchain.

The announcement was published on February 8th, and it states that the CryptoDungeons TRON game is still in development. However, the team is preparing to announce a presale soon, meaning that the official launch is not far away.

About CryptoDungeons

CryptoDungeons was originally developed to be a part of Ethereum’s network. However, the team has decided to bring it to TRON instead. Soon enough, the fans of the game will be able to experience its story, universe, and characters on TRON blockchain.

The game is centered around Heroes who can be bought and used for exploring dungeons, crafting various items, gathering food, and alike. The game also offers five races for players to choose from — Humans, Elves Dwarves, Orcs, and Angels. Additionally, there will also be four classes, including Warriors, Mages, Rogues, and Priests. Each class will have its own unique abilities, with the Warrior class being presented as an example. The abilities that this class features include Strike, Heavy Strike, Shield Wall, Shield Slam,…

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Positive Crypto Price Trend Moves VeChain (VET)

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VeChain
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As many are likely aware of, the previous twelve months were not particularly friendly to cryptocurrencies, and there were two major market crashes since January 2018. However, it could be that investors’ wishes are finally coming true, as the market is currently seeing actual gains. While there is still no certainty regarding this behavior, investors around the world are finding the current development to be quite refreshing.

One interesting development that was noticed these days is the increase of VeChain’s price, which is seeing minor gains at this time.

VeChain (VET) price grows

While most cryptocurrencies experienced some extreme ups and downs during their lifetime, VeChain is usually surprisingly unaffected by the market’s behavior. In fact, its price chart typically shows no major changes, and it seems pretty flat in comparison to other cryptocurrencies.

While this may be a good thing, as the lack of volatility means that the coin is more stable than most, the fact that the price is usually not affected makes the current gains that much more peculiar.

In the last 24 hours, VeChain’s price has grown by 2.16%, placing its value at $0.00401120 at the time of writing. The growth is minor, and the coin’s value only increased by a fraction of a cent, but this is still not typical behavior for this cryptocurrency, which attracted the attention of analysts and investors…

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SOLVE Token Could Be A Huge Long-Term Winner

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Solve.Care
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A lot of articles have been written about an altcoin apocalypse.  With so many tokens entering the market, it is inevitable that not all of them will survive.  When trying to analyze pick out the best projects, the following criteria should be used:

  • Very active community
  • Strong potential for mass adoption
  • Valuable partnerships
  • Experienced leadership

If a project scores well in at least three of the above criteria, it’s a winner.  When it scores well in all four, it has the potential to be a blockbuster.  That potential blockbuster is Solve.Care.

Background

Solve.Care has developed a revolutionary platform that will significantly improve care outcomes by reducing healthcare administrative costs.  The platform will also go a long way toward eliminating a lot of the problems commonly seen within healthcare administration such as duplication, waste, abuse, and fraud.  I firmly expect Solve.Care to generate cost savings by facilitating peer-to-peer transactions that grant authority to stakeholders while empowering payers regarding cost control and oversight.

SOLVE token completed its token sale last year in May.  The company sold 350,000,000 tokens and still has 650,000,000 in its treasury.  The great news is that the token has been recently listed on both Bittrex and KuCoin, two of the largest and most trustworthy exchanges in the world.  Given the recent incidents, especially the Cryptopia hack, being on a trustworthy exchange is of paramount…

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