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How IOTA (MIOTA) is Becoming a Solid Investment In the Long Run

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IOTA
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IOTA, a somewhat unique coin, given the fact that this currency is operating in a block-less environment, is working on tech improvements when it comes to DLT, Tangle and the Internet of Things. IOTA is ready for the next phase in its operational lifetime, so the team is working on enabling what might end up being the top leader in DLT network and the Internet of Things, which could lead to a near mass or mass expansion of this coin. IOTA has shown some downfalls in its value in the past few days when it even dropped down below the 1$ price, however, we see it going up in the long run with the newly acquired partnership and the technological potential of Tangle.

IOTA and Distributed Ledger Technology

Distributed Ledger was introduced to the public way back with the introduction of Bitcoin as the first decentralized blockchain-based currency that started operating with safe and secure transactions that were also supposed to have a unique trait of ultimate privacy for all users. However, later on, as the blockchain technology was slowly expanding and being further developed, it was determined that Bitcoin as the first currency of this kind still had some issues, mainly revolving around privacy where it was determined that Bitcoin is not as private as it was originally thought.

DLT technology remained as a perfect opportunity to make various operations easier to be processed than it is at the current moment and with the existing technology. That is how IOTA comes into the story thanks to its block-less network called Tangle.

DLT could easily find a mass application of its potentials in the government institutions, corporate and different types of institutions while owning the ability to help with administration, more efficient tax collection, issuing passport and legal documentation, collecting data, creating records, keeping personal info, distribute information and much more, all by using blockchain technology.

Tangle is thought to possess the needed technological quality to be able to get the best out of DLT and the Internet of Things, which are considered to be the future of the way people are operating with data. Given the fact that IOTA’s Tangle seems to be the perfect network for the Internet of Things and the Internet of Value, it is a thought in general that IOTA combined with Directed Acrylic Graph in Tangle and alongside DLT will most possibly be used as a driving force behind IoT and IoV. Where there is a potential, there is also a possibility, so it is certain that IOTA does have the needed technology in order to support DLT and move forward to the next level.

IOTA and Partnership with Fujitsu’s Rolf Werner

IOTA has made an excellent business move when the team behind the Tangle decided to partner up with Rolf Werner. They have added Mr. Werner, who was previously working for Fujitsu, to the IOTA team where his job is to take care of IOTA’s operations and activities in Switzerland, Austria, and Germany.

This move also showcases the readiness of the team to work on the expansion of their coin and the technology behind their block-less network. Earlier, the team also had a great addition to their board of advisors when Johann Jungwirth, the CDO of Volkswagen, joined IOTA.

On this matter, Werner stated that the possibilities that IOTA’s Tangle has with DLT are immense as decentralization and blockchain-based secure and safe applications are made possible. He further added that Tangle and IOTA go beyond “machine-to-machine” payments, where it is capable for much more. He used the example of secure identity management, adding that there are numerous features that make IOTA a superb piece of decentralized technology.

That being said, it suddenly becomes more than possible to have IOTA progress further with an increased pace of growth, both in the technical sense and in the terms of the market value.

How is IOTA doing at the Current Moment?

Even though IOTA fell below the 1$ price during the previous change in the market with over -4% of drop against the dollar, it seems that this coin is feeling a lot better today as we can once again see MIOTA trading in the green.

After the latest change in the market, MIOTA started to recover while gaining 1.70% of raise against the dollar, which means that MIOTA is without any doubt going up and beyond the value of 1$.

With the latest change, this coin managed to get back to the value of 1$ per one unit, and it even went a bit beyond the 1$ price, which means that MIOTA is currently being traded at the price of 1.04$ with a solid good chance of acquiring additional gains in the following days.

In addition to going up against the dollar, MIOTA is also experiencing rises against BTC, going up against Bitcoin for 1.97%, which means that MIOTA is currently doing better than BTC on the market.

Back in December of 2017, MIOTA managed to rise up to its record price of a bit over 5$ per one unit. However, the coin fell down due to a bad situation in the market during the period of the excessive market dip that went on for 8 weeks.  In case IOTA manages to live up to all expectations, it might soon be able to get back to the point of dealing at 5$ per one coin and beyond, making it a pretty solid investment in the long run.

We will be updating our subscribers as soon as we know more. For the latest on IOTA, sign up below!

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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Bitcoin

Investors Beware: Another Large Bitcoin Crash Might Be Coming

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The crypto prices have surged quite high in the last few months. Of course, their progress is nowhere near the one seen in 2017, but they appear to be getting there, one day at the time. However, things might not be as simple as that, and according to recent performance — it is more than possible that a major Bitcoin crash is incoming.

The fact is that cryptos saw a massive amount of growth in a very short period. Bitcoin itself more than doubled its price in only two months. Now, the rally is starting to crash in on itself, and the coin is already about $1,000 lower than last week. If such development does come to pass, a lot of people will experience quite large losses, although experienced investors might find some opportunities, and leverage in order to enhance their holdings’ long-term value.

For example, Bitcoin dominance is expected to crash very quickly, which will work in favor of quite a lot of altcoins. While this does not seem to be the best time to invest in BTC, altcoins are another story, and diversifying a portfolio now might end up being very profitable in days to come.

Bitcoin behavior mirrors the pre-bear market situation

The crash that analysts are predicting right now comes as a direct consequence of all the hype that has been building up in…

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Altcoins

Top 3 Coins to Buy Before They Go Big

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Crypto bulls are back, that much is clear. The long-lasting, harsh crypto winter is gone, and the new era in digital currency sector opens up some rather interesting opportunities. With many more bull runs expected to come in months ahead, a lot of coins are likely to blow up and maybe even hit new all-time highs, although that still remains purely theoretical.

On the other hand, the fact is that numerous coins are seeing prices that were not achieved since early 2018, and the overall momentum remains bullish. With that in mind, even if new records do not come for a very long time — chances are that many of the coins will blow up enough for investors to see some serious gains in months to come. As a result, investing in some of these coins now might be a very profitable decision, for those who have the patience to wait a few months. Here are some of the projects believed to have the greatest potential to go big in the second half of 2019 and beyond.

1. TRON (TRX)

Putting TRON on the list should not really surprise anyone, as the project constantly comes up with new project updates, partnerships, and alike. It also constantly breaks records, as is becoming one of the biggest players in the dApp and smart contract development sector.

In the past few…

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Blogs

Can Crypto Credit Cards Disrupt the Fight Against Financial Crime?

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It is commonly known that the world of finances has the biggest problem with the crime of all existing industries around the world. It has been so throughout history. While the financial world has evolved, so did the criminal activities, and they continue to be an issue. With the arrival of cryptocurrencies, many were hoping that financial crime might be disrupted. However, for now, at least, it appears that cryptos themselves cannot find a way to resolve issues such as international money laundering.

In fact, when it comes to money laundering, the crypto sector appears to be the weakest link, especially because of the nature of digital currencies. The anonymity that cryptos are being praised for means that anyone can get a payment from an unknown source from anywhere in the world. This method can then be used for financing drug trafficking, cyberattacks, terrorists, and more.

Until recently, it was not easy for bad actors to make use of cryptocurrencies obtained for illegal purposes. The number of merchants willing to accept the coins was low, and criminals were forced to find a way to exchange crypto into fiat currencies. However, this came with a set of issues, such as taking foreign exchange risks and then sending the money through wallets and exchanges to a banking system that would allow withdrawal. The banking account was the biggest obstacle here,…

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