IOTA is the next big thing

[generalizethis]

Facebook post of legislator of Taiwan Parliament: https://m.facebook.com/congress.jason/posts/2043147469230553

Translated:

Yu-jen calls on ministries and the iota foundation to develop a national IOT strategy.

Today I called on all ministries to meet with the International Internet of Things pioneer IOTA Foundation to jointly develop a national strategy for the development of the Internet of Things. The Executive Yuan, the Ministry of Science and Technology, the Ministry of Economic Affairs, the Ministry of Communications, the Ministry of Education, the National Communications and Communication Commission and Asia 矽 Silicon Valley

Taiwan’s ideas for blockchain, cryptocurrency, and other technologies still remain in the financial arena, but in addition to Blockchain technology, the application of the Internet of Things is also a trend that will certainly become mainstream in the future. A few days ago, Taipei City’s citizen card also spread news that will combine Internet of Things technology. Therefore, I especially invited the ministries to meet with the IOTA Director of Public Policy (Julie Maupin) to jointly stimulate the possibility of the application of IoT technology in the development of national policies.

Julie Maupin said that the Foundation is now running the Open Source Project of IOTA. At present, the foundation has also attracted the attention of many European countries. The project has also been run and developed in Germany with many start-up teams.

The IOTA technology itself is inspired by the blockchain, but the general blockchain technology uses data compression and decryption by a third party to transfer information to the other party, which consumes a relatively large amount of energy. The speed will also be affected by the number of data items, and it will not be able to carry megabytes of IoT applications. However, IONA's unique technology, Tangle, is just the opposite of blockchain. Using split-book technology, you can freely add trading points. Each trader is only responsible for checking the first two transactions. The more users, the faster the overall transaction speed.

At the same time, IOTA is also different from traditional IoT technologies. In addition to using the Internet, it can also be transmitted through communication technologies such as blue tooth and radio. Taiwan's technology hardware manufacturers are numerous and excellent. In the future of low-cost hardware devices, the development of IOTA is a very good opportunity for Taiwan's industry.

According to the Ministry of Transport, IOTA technology is superior to blockchain in some aspects and its application scope is also different. In the future, it will continue to contact IOTA to find out more possible applications. The Ministry of Science and Technology also stated that in recent years, the Ministry of Science and Technology has plans to cultivate new technology start-up companies. The Ministry of Science and Technology proposed that IOTA be able to contact new entrepreneurs in Taiwan. Through the kinetic energy and potential of start-up companies, the development and application of IOTA can A big breakthrough. Asia and Silicon Valley also promised to introduce the IOTA plan to cooperative companies in the future, so that such new technologies can connect with Taiwanese companies.

In addition to innovation and technology, Yu-Jen has also been concerned about the development of laws and regulations and the impact of technology on Taiwan. Taiwan has a lot of manufacturing technology experience. I think that Taiwan should think about how to respond to the impact of future science and technology, and how to use existing technologies and experiences in the research and development of innovation and technology, and then expand Taiwan's industry.

I hope that this meeting can serve as the beginning of the development of Taiwan’s IoT technology, open the Taiwanese government’s thinking on the application of science and technology, use innovation to drive legislation and policy formulation, and give Taiwan new possibilities in the future.
-#IOTA -#Internet of Things -#Innovate Taiwan

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[generalizethis]

IOTAFILES is a new website that shows a fairly comprehensive list of IOTA related projects with brief descriptions and links: https://www.iotafiles.com/

[generalizethis]

Write-up on how IOTA will be utilized by Taiwan for their Smart City project: https://www.secureidnews.com/news-item/new-distributed-ledger-digital-id-project-faces-a-test-in-taiwan/

[The213e]

IOTA and Uber will be the future!

[RaspoBTC]

IOTA has one of the highest potential in the future in my opinion.
Why?
No scalable problem like the blockchain
Transfers for free
Huge support from the industry like Bosch and Volkswagen.

[Kot Kotofej]

IOTA and Uber will be the future!

now hard times have come for IOTA, as in general for all the crypto currency. It is necessary to endure and endure it. I do not think that IOTA will lose much in price during this time.

[RaspoBTC]

IOTA and Uber will be the future!

now hard times have come for IOTA, as in general for all the crypto currency. It is necessary to endure and endure it. I do not think that IOTA will lose much in price during this time.

I think it is a very good time to accumulate cryptocurrencies now like Iota, Modum, Wabi, Sophia TX or Waves.

[generalizethis]

Great article on first principle thinking. Not directly related to IOTA, but when you keep in my mind that IOTA was created to solve the problem of an M2M economy, choices that seem at odds with how most think about cryptocurrencies (cater to speculators, usurp banks, P2P, etc.) make much more sense and are why so many companies, who are focused on the same problem, are enamored with IOTA: https://medium.com/the-mission/first-principles-elon-musk-on-the-power-of-thinking-for-yourself-8b0f275af361

[generalizethis]

[prabakharras]

IOTA is considered a lucky coin
but now im quite worried
its been red and negative all round https://www.coingecko.com/en/coins/iota

[generalizethis]

IOTA is considered a lucky coin
but now im quite worried
its been red and negative all round https://www.coingecko.com/en/coins/iota

You could pull that up for most any coin in the last four months--not really useful when the market is down overall. I'd save your worry.

[Big Naturals]

IOTA is considered a lucky coin
but now im quite worried
its been red and negative all round https://www.coingecko.com/en/coins/iota

All coins are flying on the same plane and Bitcoin sentiment is, unfortunately, at the controls. As altitude gets lower I expect some good projects will decouple from btc and then parachute safely to land, and then the quality ones will fly off on their own. Good news for quality coins like IOTA, but to fly off without being held down by bitcoin requires hitting the ground first, and a parachute will avoid getting splatted. Iota has a parachute, but most cryptos don't. Stay calm bro, brace for impact, head down, start sniffing your balls!

[generalizethis]

https://twitter.com/HuaweiEntDE/status/976884193648173062



Dominik presenting at the upcoming Huawei Channel Conference

[lulumiya]

IOTA was very popular at one time. Everyone talked about it too. and was very confident. but it is not mentioned right now.

[EleGiggle]

IOTA is very promising coin I think that in a couple years it will be very in demand

[Vdecso]

I have no idea about IOTA at the moment. It was very popular at one time. I research. I do not know what happens. I hope it will bring it to the investor.

[tyKiwanuka]

IOTA was very popular at one time. Everyone talked about it too. and was very confident. but it is not mentioned right now.

You just mentioned it.

In general people need to show way more patience, especially with IOTA. They are creating something really big here, the 4th industrial revolution, this can't be done overnight. They are not trying to force things, they don't hype things (too much), they just do their work, get big companies and world-class experts on board and create a whole new ecosystem. They established the IOTA Foundation in Germany, which is one hell of a job regarding all the regulatory things that are needed. Setting up this whole infrastructure of the Foundation is a tiresome process, with a lot of paper work and a lot of resources and time have been spent on it the last weeks.

There is lots of things in the pipeline: Trinity, Q, new website, Hub IXI, meet-ups, PEAQ, Fujitsu will live-present a use-case at the Hannover Messe in April, Dominik will speak at the Huawei Blockchain Conference, loads of people, companies, universities are developing things with and around IOTA. I don't know any other project, that is already that firmly established in the real world.

There might not be a lot of talk about IOTA here or in the crypto-space in general, but if you look for the bigger picture, IOTA is well-known and valued for those people and companies, who really matter and bring Blockchain-/Tangle-technology forward to the real world.

[bitcoinposts]

yes IOTA is expected to gain one of the best coin in blockchain space most valuable coin IOTA can bring lot of new coins in market because of its technology innovations

[generalizethis]

RWTH Aachen University press release on their cooperative with grandcentrix and IOTA:

Original: http://www.wzl.rwth-aachen.de/cms/www_content/de/dc5f626f19bbf8f1c125826700371c46.htm

Translated:

WZL - press release
 
Real industrial application with IOTA
New cooperation with grandcentrix

The WZL machine tool laboratory at RWTH Aachen University is currently researching the "Internet of Production" - the core of the Industrial Internet of Things, which paves the way for a future era of production.

The Internet of Production (IoP) describes real-time, secure information availability anytime, anywhere. Generated information is formed into a multilateral and high-volume digital shadow of production. Accurate and continuous data analysis is followed by pattern recognition. Pattern recognition enables decision support for decision support as a second step on the way to controlled production. Systematic learning from the data creates the considerable additional benefit of the Internet of Production. Agile, high-iterative product development is just as possible as the quick, error-free implementation of a change request in mass production. The competitive advantage of real-time aggregated information enables new dimensions of adoption and agility in implementation.

In this context, current technologies are evaluated for their suitability to translate and implement the vision of the Internet of Production into industrial practice. "The multi-dimensional Directed Acyclic Graph (DAG) technology developed by the non-profit IOTA Foundation based in Berlin represents a more promising component of a novel machine-to-machine communication, and its suitability for industrial applications by our researchers independently developed and tested ", says Dr.-Ing. Daniel Trauth, Senior Engineer at the Chair of Manufacturing Technology and Head of the Machine Learning Group in Production Engineering at the Machine Tool Laboratory.

The DAG technology ("Tangle") offers the ability to transport and store data points tamper-proof, cross-manufacturer and fast compared to blockchain-based systems. Data economics and marketplaces are made possible, with IOTA, in contrast to classic blockchain technologies, with no transaction fees and thus business models that require the exchange of nanopayments, ie the loss-free accounting of smallest amounts.

Specifically, the example of an industrial fineblanking system at the Chair of Manufacturing Technology will be used to examine how individual process states, production steps and component properties can be digitally modeled in a networked supply chain. For the first time, this will enable customers of fineblanking technology to reproduce the manufacturing history.

In future, the WZL will rely on cooperation with grandcentrix GmbH, one of the most modern system houses for Internet of Things productions and smart products in the region. This collaboration makes it possible to realize the vision of the Internet of Production with the know-how and methods of a successful IT company.

Grandcentrix brings technical coaching, architecture and experience from numerous Internet of Things large projects as well as best practices in industrial, agile product development. The joint development team has one of the currently most attractive labs for the development of digital, networked products at the Cologne timber market. Grandcentrix supports the free IOTA network itself with some of the most powerful IOTA nodes and has direct contact with the IOTA Core developers through its involvement on the board of the IOTA Foundation.

"IOTA has the great vision of an open, toll-free, transactional backbone for the Internet of Things. Anyone who deals intensively with the idea of ​​data marketplaces and machine-to-machine economies knows that centrally organized platforms will never be the trailblazers for networked business models. In order to really tap into the far-reaching potential of the Internet of Things, it simply takes a new kind of decentralized platform. For the tenth year, at grandcentrix we are dealing exclusively with the networking of hardware and software. We are thrilled to be able to bring these technologies into industrial application in cooperation with the renowned RWTH. "Ralf Rottmann, Managing Partner grandcentrix and Member Board of Directors IOTA Foundation

The project will start in April 2018.

[dvabit]

2018 will be IOTA’s year, and it won’t be surprising if it hits $10 and above in the course of the year. That’s because, the internet of things technology is advancing quite fast. As more and more devices become smart, the demand for IOTA will grow. further read here - http://www.hashtaginvesting.com/blog/what-is-iota-coin