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IOTA (MIOTA) Partners Up with Norway’s Biggest Bank

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IOTA

IOTA is among the top 10 coins, currently holding the rank as the ninth-best crypto on the global coin ranking list. What drives IOTA to stay on top is a strong capacity of its “blockless” technology called Tangle, alongside with the involvement of IOTA in the Internet of Things. Moreover, IOTA is one of the rare coins to have found its way towards a real-life purpose as well as the mass adoption of IOTA technology and MIOTA units. So, after the first charging crypto station for electric vehicles, IOTA is now taking everything to the next level by partnering up with Norway’s biggest bank.

IOTA signs an Agreement with Norway’s Bank DNB ASA

At the beginning of June, it was evident that IOTA won’t stop with having MIOTA charged electric charging station when it comes to developing the Internet of Things.

Besides from exploring the boundaries, or better aid possibilities in a borderless ecosystem of IoT, IOTA seems to be working on mass adoption as well, which has been going in its favor with the latest proof that the MIOTA charging station for electric vehicles stationed in the Netherlands is indeed functional and fast.

However, in the terms of developing and exploring the Internet of Things, IOTA has recently partnered up with Norway’s biggest bank.

The mentioned bank is called DNB ASA and it represents the largest banking service in Norway while it also represents one of the largest banks in the mentioned area.

Since DNB ASA banking service and IOTA share the same objective when it comes to the Internet of Things and machine-to-machine communication, the two parties have signed an agreement where both IOTA and DNB promised to work together on “innovation and co-creation in the space of citizen-centric innovation, machine economy and decentralized data marketplaces” as stated in the Medium post published on May 31st by the head of Biz Dev of IOTA.

IOTA’s Tangle to be Used for Research and Development of IoT

The two parties, DNB ASA, the largest Norway’s banking service and IOTA, have agreed to bring their forces together in order to explore and develop a new digital innovation landscape in which Tangle will be the main spinning wheel.

Norway’s largest banking service already has a history of working with decentralized blockchain-based technology, and will as of the most recent turn of events collaborate with IOTA in order to use Tangle for creating an innovation ecosystem for the Internet of Things, while developing machine economy and decentralized marketplaces.

IOTA makes up for the first and by far the only ecosystem that runs on a blockchain-based blockless system called Tangle, while being designed and launched specifically for the purpose of building the future of the Internet of Things. That is how IOTA becomes one of the first cryptos ever to get a chance to be used in real life machine-to-machine communication, powered by Tangle of course, which made the MIOTA charging station for electric vehicles as a true success as it was later demonstrated in front of a live audience.

That is how it is expected to see IOTA thriving towards mass adoption and radical development of the IoT-related ecosystems, economy, marketplaces and different projects that fit the requirements of machine-to-machine communication and IoT related systems, protocols and products.

IOTA has held a live demonstration of the crypto charging station for electric vehicles a couple of days ago, showing that charging your Tesla with MIOTA charged station that is driven by Tangle, is simple, easy and fast, while the payment is processed in a matter of seconds.

IOTA and the Market Performance

The market seems a bit shaky, once again showing signs of a sluggish return; however, some of the currencies seem to be rising up against the dollar although with minor gains.

That is how MIOTA is trading up in the green while climbing up against the dollar by a minor rise of 0.89%.

Ranked as the ninth-best crypto on the global coin ranking list, this asset can be traded at the price of 1.73$ per one unit with great odds of getting near the price of 2$ per one MIOTA.

Earlier in January, IOTA has set a record value of over 5$ per one unit, but due to its stability in the market, we didn’t see it go far off from its all-time high.

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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

META 1 Coin Trust Announces Commission to Study Global Persecution of Cryptocurrency Projects

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Boca Raton, Florida, 27th October, 2020, // ChainWire //

Collaborating with Other Cryptocurrencies, META 1 Tackles Injustice and Human Rights 

META 1 Coin Trust has announced plans to identify, research and document instances of governmental overreach in cryptocurrency cases globally, as part of its ongoing efforts to advance human rights and individual freedom. 

According to Robert P. Dunlap, Executive Trustee of META 1 Coin Trust, “The malicious attacks on crypto projects globally by overzealous government agencies must be documented and publicized to protect the individual liberties of META 1 Coin holders, as well as issuers and holders of other cryptocurrencies.” He added, “The decentralized, non-jurisdictional reality of crypto has left government agencies often unable to fully litigate cases and the general public should not have to continue suffering due to excessive overreach as agencies clamor to save face.”

META 1 Coin Trust is led by Robert P. Dunlap and Nicole Bowdler, who are both committed to pushing back against unimpeded global persecution of cryptocurrencies. By calling attention to years of organized efforts by government agencies to specifically target cryptocurrency projects, their hope is that the public will see and demand an end to these unjust violations of individual liberty. 

Specific grievances which motivated this initiative include grave concerns over government agencies’ obstruction of individuals’ livelihoods, defamation of character, and libelous false accusations which could tarnish the names of individuals for years to come, long after legal actions…

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Altcoins

Chainwire Launches Blockchain-Focused Automated Press Release Distribution Service

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TEL AVIV, Israel, 13th October, 2020, // ChainWire //

MarketAcross, a world leader in blockchain public relations and marketing services, is pleased to announce the launch of Chainwire, an automated press release distribution service which provides guaranteed coverage and in-depth reports. Chainwire will be a one-stop-shop for the distribution of press releases in the cryptocurrency and blockchain sector. The launch marks the first time that advertisers can reach leading publications in the crypto media with the click of a button. 

While most industries have some kind of PR newswire service, the cryptocurrency sector has become a victim of its own rapid pace of growth over recent years. Since the ICO boom of 2017, there has been a proliferation of blockchain and crypto-focused projects, exchanges, investment firms, and marketing agencies, along with niche news and informational content sites. 

However, the infrastructure to connect this complex ecosystem has been slow to come up to speed, meaning that existing newswire services don’t reach their target audience. It’s estimated that one in five people own cryptocurrencies, so there is currently a significant missed opportunity to reach a massive global readership. 

As a newswire service dedicated to the crypto and blockchain space, Chainwire aims to address this gap. Press releases are distributed to leading publications, offering guaranteed coverage to reach audiences worldwide. The system is integrated with publishers and blogs, enabling accurate reporting via a user-friendly dashboard. It also…

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Blogs

How Can Foreigners Get Loans in Singapore

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loans for foreigners in Singapore

Foreigners who are residing in Singapore and looking for financing could do so in the form of a payday loan. It is good to find out that you can borrow the money from a reputable lender and that the interest rates are low enough for it to be a viable option. Online lenders that specialize in doing business in the country can certainly help one. These online companies are not only reliable, but their service is fast.

At the same time, many cannot afford a high standard of living. Many individuals cannot afford essentials, such as a car or a house. It can be difficult for the majority of the working class to scrape through on their basic salary. 

What defines a foreigner in Singapore? 

A foreigner in Singapore means that you are not a permanent or natural citizen there. As a foreigner, you will not be holding a Singaporean passport. The rules can differ a little for foreigners and residents. Singapore, being a multinational hub, houses many foreigners within the city. Foreigners come to Singapore for the many attractions it offers. Many people come to Singapore for Work-related purposes. A lot many also come for vacations or to visit a friend or a relative. Some foreigners come with a plan to move to Singapore permanently, attracted by their lavish lifestyle. Singapore also houses many International students attending many esteemed Singaporean Universities.  

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Press Release