IOTA settles down in Germany and keeps expanding partnerships
While bitcoin is trying to recover from recent drop below $6120, IOTA is staying at $0,5 level. During past weeks IOTA had no significant price fluctuations.
Now the company is working on new projects. Lately it has represented Local Snapshots — a solution to reduce the data storage and make transactions cheaper as a result.
IOTA has already joined hands with Deutsche Telekom, Deutsche Bahn, Volkswagen etc. The company’s representatives will perform at Fujitsu Forum 2018 in Munich, at motor show in Hannover and also will participate in the Frankfurt European Banking Congress. All of these facts prove that IOTA will get huge benefits from partnering as well as from own developments (Fujitsu, the city of Taipei, IOTA charging stations) and become the leader of the upcoming Internet of Things.
What is IOTA?
IOTA is a decentralized platform for transactions between devices connected to the Internet and also a cryptocurrency designed for the Internet of Things (IoT).