IOTA News and Price Overview: Audi to explore Tangle and IOTA. Wednesday, July 25
Important IOTA News
MIOTA Listed on FCoin Exchange
FCoin exchange is getting very popular among cryptocurrency traders lately, it encourage them with no-fees and high trading volumes. It has recently announced that IOTA cryptocurrency, MIOTA and its trading pairs will be added to the exchange.
Audi to explore Tangle and IOTA
Earlier this year, it was confirmed that Volkswagen will explore IOTA's Tangle in their upcoming vehicles and car products. The German car manufacturer confirmed rumors that it expected to have the protocol ready and available for its customers early in 2019.
Now, while exploring Tangle-based use cases, the IOTA Foundation just started a one week Google Design Sprint with Audi Denkwerkstatt, which is Audi's Think Tank. The team consists of seven Audi employees whose aim is to come up with ideas about premium mobility and to establish business models.
It's worth mentioning that IOTA team won at the Start-Up autobahn pitch event, which is about blockchain solutions in the Automobile industry, showing that the project is focusing and doing very well in that sector.
IOTA Trinity Mobile Version 0.4.0 Has Been Released
The developers are constantly improving the wallets, the technology and the whole project. The new mobile version update, brought new designs of the UI/UX of receive page, with an enhanced password strengths requirements to improve security with automatic asks for fingerprint or face id on logouts. There were also lots of bug and error fixes. The whole changelog can be found on r/IOTA official Trinity Mobile update post.
The Future Of Tangle
While exploring the sole technology behind IOTA and the idea of Internet of Things, there are estimations and predictions that by 2020 annual revenues for IOT solutions can exceed $470 billion dollars with more than 30 billion devices connected to the tangle. The current attempts in the automobile industry shows that the whole sector with all of the cars could one day be powered by IOTA solutions. And this is only one aspect being taken into the consideration now. Smarthomes and even whole smartcities could run on this promising technology, making the investors and token holders happy not only because of potential profits but because of supporting the sole idea and technology.
MIOTA/USD Price Chart, Wednesday July 25th:
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