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Why IOTA is a Project that is Going to Last

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IOTA
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For a lot of people, IOTA (MIOTA) is an exceptional cryptocurrency, one that deserves a lot more attention than what it is getting. It is definitely a project made to last, with a heavy focus on connecting the space and being the bridge between different technologies.

Another thing that makes IOTA unique and special is the fact that it belongs to a handful of cryptos that are not based on blockchain technology in a usual sense. Instead, it uses a technology called “Tangle” in order to operate. This technology has numerous potential use cases, with experts believing that it can transform countless industries.

Even so, there are many that are still not impressed with IOTA due to the fact that its coin has not performed as well. The opinion of the project usually goes one of two ways — investors are either skeptical and unsure whether they should get involved or are thrilled with IOTA, claiming that it is the most promising project in the crypto space.

When it comes to opinions of IOTA outside of the crypto space, they are mostly quite positive. IOTA managed to enter partnerships in numerous industries, with the biggest ones being with carmakers, the insurance industry, the IoT space, and manufacturing industry. While its coin failed to grow even after these partnerships, many believe that it will happen as soon as the market is ready to allow it.

How IOTA connects other technologies

DLT and IOTA’s Tangle have a lot of similarities, but there are also some aspects where Tangle is clearly superior. One of them includes security, which IOTA managed to ensure due to the fact that it is “blockless”. Its technology was developed as a solution to numerous flaws observed in blockchain technology. Through its evolution, IOTA became a perfect way for connecting different technologies and providing a method for machine-to-machine communication.

As a result, it can connect IoT devices into a single large network, one that would provide better security and make communication easier. The same thing can be done with cars, especially now when self-driving and highly-digitized cars are slowly becoming a new norm. By connecting them all with IOTA technology, these vehicles will be able to receive new upgrades without ever having to line up for manual upgrade.

Each connected device or piece of technology can serve as a validator of transactions, which also solves the issue of micro-transactions that other blockchains are struggling with to this day. Due to such levels of connectivity, IOTA is also perfect for things like tracking shipments, logistics, fintech, and likely even smart homes.

IOTA is still developing rapidly, and its story is only beginning. It has the potential to become one of the largest projects in a few years, and definitely one with the largest real-world use cases. The current behavior of its coin is of small consequence considering the use cases of this technology. And, as the two are tied together, they will likely share the same fate, and the coin will skyrocket as well, in time.

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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and 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

Encrypgen’s New HODLING Incentive Program May Send DNA Token Soaring

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Encrypgen
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Cryptocurrency traders have enjoyed a Bitcoin moon shot during the past few months.  Those gains have created a much more enjoyable environment for crypto bulls.  Whether it’s a temporary or permanent increase remains to be seen but hitting the 10,000 level has put everyone in a better mood.  Unfortunately, altcoins have not had experienced the same type of gains and are lagging significantly behind Bitcoin.

I’ve written articles in the past year that there is at least a decent chance that many altcoins won’t survive the current environment.  The ones that do will do so because they created a platform that has real world usage.  After spending countless hours researching many of the existing altcoins, I’ve yet to see a company that is more promising than Encrypgen (DNA).

Encrypgen Background Information

Encrypgen is a genomic blockchain network that provides customers and partners with best-in-class, next generation, blockchain security for protecting, sharing and re-marketing genomic data. This creates a fair marketplace for a person’s DNA that can be stored privately and sold (if a person wishes to do that). A person’s DNA can also be shared privately and securely with their physician for their personalized care.

Typically, people can send their DNA off to a lab to find out who they are and where they come from. As fun as that might sound, there is a significant security problem…

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Altcoins

Top 3 Coins to Buy Before They Go Big

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coins
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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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Altcoins

TRON (TRX) Is Likely to Go Big in June

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Tron
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We are now halfway through 2019, and the situation in the crypto space is better than ever in the past year. Numerous cryptos are seeing large gains, often cut by brief periods of stagnation or small corrections, but the overall sentiment is obviously bullish.

Bitcoin sits way above the $8k mark, and while it struggles to go beyond $8,700, it is still trying to grow. Investors and analysts are quite bullish regarding the foreseeable future, and a lot of altcoins are expected to follow BTC in this regard. However, today, we would like to talk about one particular altcoin — TRON (TRX) — as well as why it is likely to go big in June.

TRON’s progress so far

As many people in and out of TRON community know, TRX is not a project that often sits still. It is rich with announcements, particularly when it comes to his CEO, Justin Sun, whose enthusiastic tweets often seem like hype building to many.

However, TRON made some massive progress in 2018, which was the worst year cryptocurrencies have ever seen. This is not something that can be achieved through hype alone, and the project needs to have true quality and value in order to see such massive development in the middle of the longest and harshest crypto winter in…

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