IOTA (MIOTA) has emerged as a network of innovative technology. The use of tangle is pretty different from that of blockchain and this is what sets it apart from the rest of digital currencies. More than that its thriving inventions day after day is set on the right track to becoming one of the best in the industry.
IOTA (MIOTA) has gone through numerous projects last year and they look to continue working on different projects this year as well. Recently, IOTA (MIOTA) partnered with T-Labs and IOTA in a tweet stated:
“We are proud to be a Community Partner for the T_Labs & blockchainSoTO Blockchain Identity Hackathon on January 19 & 20 in Berlin.”
The Telekom Innovation Laboratories (T-Labs) are working on a grand level to improve the telecom communications. T-Labs works based on three main portions which include Intelligence, Blockchain, and Experiences. T-Labs is one of the world’s top host of investors, startups, research institutes, universities, and corporate innovation centers and with the help of these organizations they build the future of the communication system. The collaboration with IOTA (MIOTA) is set to create new ways for the communication system through IOTA’s technology.
Moving on IOTA (MIOTA) is working on the M2M economy, which is just taking shape and it would be beneficial for the users. In the coming time, everything will change and would be smart, autonomous and connected. There are several obstacles which are needed to be addressed to enable organizations to innovate in this economic system.
Moreover, IOTA (MIOTA) is working on several other projects and is well set on the right path. IOTA is definitely shaping up as one of the biggest brands in the crypto world and its involvement in different industries would help increase its adoption. Previously, IOTA (MIOTA) has approached the car industry and know we can see it entering the telecommunication market. So, overall Iota has impressed such industries and it has become an attractive choice for these industries to work along with.
Considering IOTA’s (MIOTA) market performance, last year hasn’t gone too good for it, but from last couple of weeks Iota has picked up some momentum and have surged by to trading price of $0.3 USD. The current progress will help IOTA to stabilize its price and in a bull market we would see Iota (MIOTA) rise and shine.
At the time of writing, IOTA (MIOTA) was trading with price $0.377 USD. At the moment it is targeting at $0.4 USD mark, and if IOTA attains that price mark it would be after almost two months’ time. So, it is looking to shape up to rise once again. Currently, IOTA was trading at 12th spot with a market cap of $1 billion, but in coming months we would see IOTA (MIOTA) trading back in top 10 cryptos.