Altcoins News
By Dan Saada
1 / 11
IOTA Oracles claim to be a complete solution for organizations and Dapps to be able to send data directly to Tangle.
2 / 11
For clarity, Tangle is a Decentralized Acyclic Graph (DAG), a system of nodes that is not sequential. Thus, each node can be connected to multiple other nodes in a Tangle.
3 / 11
An old tweet from an IOTA user: Using IOTA tangle and an Oracle people will be able to send tiny amounts of Bitcoin across the world without fees, as long as IOTA oracles…
4 / 11
In response, way back in 2018 one of the users responded stating, most likely the smart contracts will cost transaction fees.
5 / 11
Smart contracts with Oracles was at one point in time an imagination, but now it is a reality.
6 / 11
Also, IOTA Oracles make it easy for data structures from the outside world to connect to decentralized applications, secured by the reputation of the issuer.
7 / 11
IOTA have also been focused on ensuring the Data Confidence Fabric (DCF) in action. This was very obvious in a recent webinar where industry thought leaders like Steve…
8 / 11
Different organizations in the globe are already beginning to recognize the importance of data-driven strategies.
9 / 11
The emerging technologies of the current day involve edge computing, AI, 5G and multi-cloud architectures.
10 / 11
Data trustworthiness is considered to be very important during every point in data collection.
11 / 11
Pointing to Dell and Intel working with IOTA, one of the users stated, this is proof to believe now that IOTAs vision is real and that it is being implemented.
The Currency Analytics
Want the full story?