Everything about IOTA (MIOTA) points to a crypto that has what it takes to take the top spot in the future. For starters, the IOTA foundation has galvanized a team that has what it takes to take IOTA (MIOTA) to the next level of growth. After bringing together a team of engineers, researchers and other top tech scientists, the IOTA team is now bringing in some of the best brains in other fields. So far they have brought in economics experts, behavioral experts, and their latest addition is human resources management expert named Daniela Faustino.
By building this team, the IOTA foundation has laid a solid foundation for future growth. That’s because by having a vast interdisciplinary team, IOTA (MIOTA) stands to not only get better technically, but also in terms of adoption. For major global corporations to adopt IOTA, a corporate setup with structures is an added advantage, and IOTA has taken care of this well. No wonder IOTA has bagged high level partnerships in the corporate world, and stands to gain more, as the popularity of the IOTA tangle grows in the market.
On top of that, IOTA is making investments in projects that will help expand the IOTA ecosystem. Through grants released through the IOTA Ecosystem development fund, several revolutionary projects are coming up on the IOTA ecosystems. These are projects that will serve to strength the IOTA tangle and make it more secure. One such project is Untangle care. This project aims to smoothen out, how data flows between healthcare institutions. Here is the goal of Untangle care.
“Our goal with the Untangle Care project is to develop open source IOTA and HL7 FHIR based tools that help sharing health information in a simpler, more secure and faster way. Ultimately, we envision a future where individuals have access and control over all health information needed to improve their own health”.
That’s a big deal, and once it gains traction, will add a significant number of transactions to the IOTA tangle. It will also increase the level of awareness in the market about the strength of IOTA as a revolutionary tech, hence draw in more businesses. Untangle care is just one of several projects funded through the IOTA ecosystem development fund, something that points to the potential of IOTA to emerge as a top cryptocurrency. Clearly, the IOTA team is making all the right moves in pushing IOTA (MIOTA) towards becoming a top cryptocurrency.
Besides, IOTA is focused on IoT, a highly lucrative market that is drawing in established companies like IBM. Given that IOTA has a technical head start in this market, there is a good chance that it could corner it and become a dominant player. Cornering a market that could be worth upwards of $10 trillion could propel IOTA (MIOTA) to the top of the crypto markets.
Every move that IOTA is making all points to the creation of a top cryptocurrency, one will change how we interact with technology for good. It’s worth watching, even though its current price action may not be that interesting.