IOTA (MIOTA) with the time is growing as a much broader crypto network, it has become more than just a cryptocurrency and it has really impacted different industries. The basic thing is the innovation of IOTA in its blockchain (tangle) technology.
The Accessec car wallet is one of the IOTA’s innovating projects and the Point of Sale (PoS) demonstrator which is integrated into the vehicle control. The Car Wallet with the universal PoS remote station enables automated payment for services as well as mutual authentication and authorization. The demonstrators were carefully analyzed because development was subject to a rigorous Secure Software Development LifeCycle (SDLC) process from the beginning.
Among other things, detailed threat modeling and risk analysis of the individual components were carried out in order to minimize potential risks. For this reason, porting and integration of the Car Wallet and PoS solution into any vehicle control unit or PoS charging station is easily possible.
The two demonstrators are making great progress in digitizing the processes and making it possible to pay for virtually any service. IOTA (MIOTA) is pretty satisfied and happy to present users with the demonstrators at an appointment and give them the first insight into their functioning.
IOTA’s growth over the past year has been substantial and its evolving tangle technology has attracted different firms and industries. IOTA with a global community of developers, entrepreneurs, corporate executives, government officials, philanthropists, hobbyists, and general enthusiasts contributing to IOTA, the IOTA Ecosystem is a platform for this community to meet, collaborate, learn, inspire, develop and build.
Moreover, IOTA provides data protection by default and by design, it relies on a trustless model. A model that allows people to operate directly with one another, trust with any of the actors in the ecosystem.
The Real-time streaming payment services for data and energy, immutable data history tracking for supply chains, computational resource sharing. IOTA enables entire new business models which were previously impossible with the legacy financial system and other DLT built on Blockchain.
This technical team behind the network of IOTA looks out to be a smart one because they are planning to capture as many industries they can. The automobile is one of the biggest industries in the world and the growing demand of blockchain technology in every field has given an opportunity to different digital assets in the market to showcase their skills along with the applications of the blockchain.
IOTA (MIOTA) is playing smart tactics and HOLDing the crypto makes a whole lot of sense. So, the investors must HODL on with their digital assets and in the upcoming few years, the crypto market would be much mature. So, IOTA is future crypto which would be a beneficial one for the investors.