IOTA Future Machine Economy Enables Digital Trust in the M2M Payment Systems without Miners Chains or Blocks

Sydney Ifergan, the Crypto expert, tweeted: "IOTA is all diligent, and their developers are working on many things. IOTA is all set to define the future on how any autonomous machine will interact in the future."

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IOTArecently published that they are hiring Technical Analyst and Project Leader inJapan.

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IOTA tweeted:The Unified Identity Protocol is a #DigitalIdentity implementation built on the #Tangle. An introduction to the subject & an explanation of why things, organizations, and people should use a shared layer of trust can be found in our #whitepaper.”

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IOTA Technology

In apermissioned context, the state of the DLT ecosystem, on the whole, hasimproved. However, at IOTA, they areworking to improve on the DLT ecosystem in a permissionless context. While IOTAacknowledges the benefits of permissioned systems, the hyper ledger fabric ofIOTA integrated with Tangle from IOTA facilitates the most needed internalbridge integrating IOTA Connectors.

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The IOTAblog provides detailed instructions on how to integrate the IOTAconnectors. IOTA connector codes shouldget added to smart contracts with features providing for modifying the existingrecords.

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Dominik Schiener, Co-Founder at IOTA, recently re-tweeted: "Releasing the January Dev Update with the latest news on #IOTA's key projects. Our engineering team is back after the holidays, and we're going full steam ahead towards implementing upgrades that will be visible both pre and post-#Coordicide.”

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IOTA Price Trends

The IOTA price is trending somewherenear 0.24149. The price of the token isdriven by technological advances, market sentiments, teams, and trends. The transaction times for the token are veryfast, and it was primarily conceived for payments between machines. IOTA is oneof the very few tokens that need not be mined. It does not have blocks nor chains.

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IOTA will experience growth, and the price of the token will increase slowly and steadily every year.  The Internet of Things particularly promises excellent opportunities for IOTA. Experts have valid reasons for why the MIOTA price will rise. For those who do not have a clear picture of why would do well watching an old presentation by Terry Shane at the end of 2018.  The automotive future and use cases explain several things like the DLT, IoT, and a range of use cases for IOTA reasonably well.

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IOTA is an early player in thenext-generation distributed ledger technology beyond the blockchain. IOTA is set to reform without fees, miners,chains, or blocks

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