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Why IOTA Partnerships Are Ensuring Its Future

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With so many altcoins around these days, it is difficult to find the ones with the most potential. Even finding the coin that has the chances to stick around, in the long run, might be difficult. This is why most people would choose to back the coins that have a potential of solving real-life problems.

While there are many coins with real-life use cases, a lot of them are finding it hard to compete with IOTA (MIOTA). IOTA has proven that its products can not only solve real-world problems of today, but also the problems of the future. The coin has a huge potential when it comes to bringing solutions, but also when it comes to changing the way we use modern technology.

This is why huge IOTA partnerships have been announced over the course of this year, and the coin’s community is more and more enthusiastic with each new announcement.

Biggest IOTA partnerships so far

So far, 2018 seems to be the best year for IOTA, as it managed to make three extremely big partnerships. Those include the ones with Bosch, Fujitsu, and Volkswagen. Thanks to the coin’s many applications, all three of these companies are thrilled to work with it, convinced that IOTA is the best crypto to join their respective industries.

IOTA partnership with Bosch

Bosch has described the Internet of Things as a connected world that is constantly growing. New technologies are becoming linked to it, while the devices themselves are becoming faster, cheaper, but also smaller, and more practical. Last year, the company introduced a new sensor XDK or Cross Domain Development Kit. The company has also taken an interest in IOTA’s Tangle, and with XDK, the interaction with it is expected to reach entirely new levels.

IOTA partnership with Volkswagen

Volkswagen has found IOTA to be a perfect way to deliver new updates and functions to their cars. By integrating IOTA’s technology, all such updates will be easily delivered without the need for each car to receive manual service.

This will improve the current and future cars, but it also has a huge potential when it comes to self-driving cars. Maintaining such vehicles on the road will be easy with IOTA’s technology, but also cheaper, more practical, and much faster.

IOTA partnership with Fujitsu

Fujitsu partnership is the newest one that IOTA entered. This company wishes to offer the benefits of IOTA technology to its customers from the automotive and manufacturing industries. Fujitsu is so thrilled with what IOTA has to offer that it has already described it as a new protocol standard when it comes to IT products and services. The company envisioned entire factories powered by IOTA’s Tangle, which would improve upon their efficiency.

In the end, the possibilities of IOTA’s Tangle technology are almost limitless. While the project has already entered a lot of important partnerships, a lot more of them are expected to come. IOTA definitely has some exciting times to look forward to, and while its coin’s price is still relatively low, this might not be the case in the long run.

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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

Cryptocurrency Collateralized Debt Positions Are Growing in Popularity

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While Bitcoin (BTC) continues to hover around the magical 10,000 price level, altcoins continue to fight an uphill battle.  Simply put, hopes of a future bull run continue to diminish as Bitcoin maintains its dominance.  One school of thought is that a few altcoins will survive and flourish, but which ones are anyone’s guess.  That being said, it’s hard to go wrong picking against the top coins like Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and EOS.  These projects have managed to find a foothold in the market and have a better chance than most of staying there.  While traders wait for their positions to increase in value, one opportunity that may be worth looking at is initiating a collateralized debt position.

What is a Cryptocurrency CDP?

In traditional terms, a CDP is essentially putting up collateral in order to receive a loan against the deposited amount.  There are several examples of this in our day to day lives.  Auto title loans from large companies like TitleMax are extremely popular with consumers.  Consumers are essentially able to use their car as collateral in exchange for a cash payment which can then be used for whatever needs the consumer has.  The consumer can continue using their car as long as debt payments are made.

The same concept applies to cryptocurrency CDPs.  Consumers are able to put up crypto tokens, such as…

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Altcoins

Hodium Presents a Compelling Opportunity for Outsized Investment Returns

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I’m sure all of us remember the cryptocurrency glory days of 2017 and early 2018.  It was one of the biggest bull runs in history and created incredibly wealth for quite a few early entrants.  Unfortunately, for most of us, those gains have most likely been wiped out during the altcoin apocalypse.  The truth is that traders probably thought a bit too highly of their trading abilities when the reality was that anyone could have thrown a dart at a board and ended up making money.

As markets mature (and the crypto market is definitely maturing) it becomes more and more difficult to generate alpha.  In that regard, it’s similar to traditional financial markets.  I can remember trading during my high school days.  It was the late 90s and right in the middle of the dot.com boom.  Eventually, however, the euphoria fades away and reality hits hard.  Now, it’s become rather difficult to actually trade profitably which has given way to the rise of hedge funds.

Hedge funds are investment funds that pool capital from accredited and/or institutional investors and invest in a variety of assets, often with extremely complex portfolio-construction and risk management techniques.  The professionals employed by hedge funds are the best of the best and have spent years honing their craft.  That is why they’re able to make the millions of dollars that they normally…

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KaratGold Proves Its Business Model By Providing Official Documents

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There has been a lot of renewed enthusiasm in the cryptocurrency market thanks mainly to Bitcoin’s strong move about 10,000.  Although Bitcoin continues to show its dominance, the altcoin market has yet to benefit from that rally.  A few of the largest altcoins remain popular but the rest of the market continues to lag behind.  In 2018, there was a lot of talk regarding a possible altcoin apocalypse where only the strong would survive.  That prediction appears to be playing out as expected.  Going forward, only the best projects that have a real world need will survive.  Crypto traders will have to spend a lot of their time doing proper research in order to find the best opportunities, just like in all financial markets.  One promising project that appears to have the makings of a future winner is KaratGold Coin.

KaratGold Background

KaratGold Coin is a cryptocurrency developed by the reputable German company Karatbars International, which maintains a leading position in the market of small gold items and investments. The project is part of a larger ecosystem, which involves several blockchain solutions that can be used for transactions, communication, investing and other tasks. During the past few weeks, however, the KaratGold ecosystem has been a target of unsavory scam allegations.  

Karatbars International and GSB Gold Standard Banking Corporation…

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