Hi folks,
I just want to shortly share with you the very good news, which were today officially announced from IOTA at: https://blog.iota.org
Several cooperations with major tech giants, such as Microsoft, Fujitsu, Bosch and Deutsche Telekom could recently be established, as part of the so-called Data Marketplace Project.
Due to this announcement the price of IOTA significantly jumped today:
But this could just be the beginning for the tangle and IoT(A). So let's see what 2018 will bring here. I hope you are invested in this new technology, which I believe could become really big in the near future.
The Data Marketplace is IOTA’s most comprehensive pilot study thus far. The goal is to enable a true decentralized data marketplace that opens up the data silos that keep data limited to a few entities as is the case today. Data is one of the most imperative ingredients in the machine economy and the connected world.
It is effortless to draw parallels between the tectonic shift caused by the impact oil and its derivatives had in the past century in terms of giving rise to a fossil-fueled economic combustion engine and mass-production through plastics with how data will be the catalyst of the economic engine of the future. While every filament of our digital zeitgeist is unequivocally telling us that data is the fuel of the future, there is an important distinction, unlike oil which is finite and whose properties are well known in terms of what it can produce (and pollute), data is for all practical purposes limitless.
Check out the very interesting full article at: https://blog.iota.org/iota-data-marketplace-cb6be463ac7f
I wish you much investment success and good profits in 2018. It are indeed very exciting times we are living in!
I upvote
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Thanks a lot!
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Dont you think 4B is a little over evaluation ???
I hope not !
=]
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In my opinion, IOTA is UNDERVALUED. IOTA not only has this new data marketplace, it more importantly has developed the IOTA tangle. The tangle is different from block chain. Instead of a sequential ledger structure (like all Block Chain ledgers), the tangle is a tree structure. Each transaction points to (or is attached to) two other transactions. So in order to attach your transaction to the IOTA "tangle" you have to do proof of work(cryptographic verification) on two previous transactions - that is the "price" you pay for using the network. This creates a network where the speed of the network grows exponentially with the number of transactions posted. This implements a distributed computing based proof of work network. The benefits: fee-less and highly scale-able. (both huge block chain stumbling blocks - pun intended) This is why I sincerely believe IOTA is the replacement for the old block chain technology. I also believe IOTA is significantly undervalued as such.
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Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:
https://blog.iota.org/iota-data-marketplace-cb6be463ac7f
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I am waiting for your posts.
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