IOTA is ranked at #18 to the north of Cosmos in the market. The trading volume recorded stands at approximately $3.53 million, and the supply houses 2.779 billion MIOTA coins [i.e. the entire supply is included as part of circulation]. The total market cap of IOTA amounts to $760.956 million. The price plunged at a rate of 1.15% in the course of the past 24-hours; this, in turn, brought $MIOTA all the way down to the $0.273772 mark where it currently rests.
A demo that shows how IOTA can be used as a mode of payment when dealing with machines and automotive purposes, in general, has been uploaded on YouTube. Ladies and gentlemen, take a look at the AKITA Livestream:
PricewaterhouseCoopers is all set to host an IOTA-centric event that is slated to transpire in Luxembourg [a European nation located near Germany]. This will be carried out this month itself, on November 13th. Here’s a list of speakers you need to watch out for and the material which they’d be discussing. Check out the timeline:
- The basics of blockchain – Thomas Campione who is the Blockchain and Crypto-assets Lead, PwC Luxembourg
- IOTA – From the beginning to its present state – Dominik Schiener i.e. the Co-founder of IOTA
- Update me! Distributed Ledger Technologies on Cybersecurity in the Internet of Things – CEO of Asvin Mirko Ross
- PwC Smart Trace: showcase of a traceability tool – Prem Kumar – Associate Director, Smart Trace Senior Technical Lead, PwC India
- Concluding speech
Within a couple of years, IOTA has grown to be one of the most daunting projects in the ecosystem. Their usage of a Directed Acyclic Graph [commonly known as DAG] is meant to solve scalability-based concerns that plague many cryptocurrencies [especially Bitcoin] to this day. IOTA also offers feeless transactions.