IOTA (MIOTA) Transforming Cities: Taiwan Capital To Become a Smart City

Crypto Recorder
Date: March 18, 2018

The blockchain technology, since its inception in 2009 has seen a tremendous increase in innovations. Companies are striving to bring real-time solutions to problems in various industries, for example, the financial sector, big data industries, the education systems among others. IOTA (MIOTA), on the other hand, has reimagined the blockchain world and is making changes in areas that have never been tried before.

The world we live in now requires a constant trade of data between systems and machines. The machines that handle these resources are growing every day. The progress is continuously transforming the economy and has finally created a new economy referred to as machine to machine economy.

The blockchain, on the one hand, is viewed as the technology that will take over this machine to machine economy. On the side, it is not very scalable as witnessed by the Bitcoin blockchain. However, the developers of IOTA saw the problem and decided to create a solution.    [FULL  STORY]