What companies are using IOTA?

Applications and testbeds. Proof-of-concepts building on IOTA technology are being developed in the automotive and IoT industry by corporates as Jaguar Land Rover, STMicroelectronics and Bosch . IOTA is a participant in smart city testbeds, to establish digital identity, waste management and local trade of energy.

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How does IOTA crypto make money?

Simple. By letting stakers of IOTA tokens automatically earn their own cryptocurrency . The native IOTA coin is not subject to inflation from newly minted tokens. Therefore, the staking mechanism serves as a potential price driver for the IOTA price, provided enough participants will decide to stake their IOTA tokens.

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Why IOTA is the future?

The idea is that these devices in the future would be designed to talk to one-another, all without the need for a third-party or human intervention . This constant communication would require a micro transaction economy to power, and IOTA was created to be the ideal solution for this ecosystem.

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What is IOTA worth today?

MIOTA Price Statistics IOTA Price$0.781824h Low / 24h High$0.7755 / $0.8168Trading Volume24h$44,235,557.32 43.73%Volume / Market Cap0.02036Market Dominance0.11%IOTA price today, MIOTA to USD live, marketcap and chart | CoinMarketCap coinmarketcap.com › currencies › iota

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Is IOTA worth investing in?

Benefits of Investing in IOTA (MIOTA) For one, the design of the network eliminates all transaction fees . Additionally, the network is very fast. Combined, IOTA has near-unlimited scalability. It’s also far more energy-efficient than blockchain-based cryptocurrencies.

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