Altcoins Talks - Cryptocurrency Forum

Cryptocurrency Ecosystem => Other Popular Cryptos / Coins => IOTA Forum => Topic started by: sarahxia618 on May 22, 2018, 08:52:34 AM

Title: IOTA, the myth of the Internet of Things first currency
Post by: sarahxia618 on May 22, 2018, 08:52:34 AM
On May 11, 2018, the official iota (https://citicoins.com/iota/) said that he welcomes Michael Nilles to join the IOTA Fund. Michael Nilles is Chief Digital Officer and Chief Executive Officer of the Schindler Group. He joined the IOTA Foundation's Advisory Committee in March of this year. Schindler Group is a company that produces high quality elevators and is the world's largest escalator manufacturer. It is also the world's second largest elevator supplier.

But shortly before Michael Nilles joined, the Blockchain Technology Center (CBT) at UCL announced that it would no longer be in contact with the IOTA Foundation. Why did Michael Nilles choose to join the IOTA Fund at this time?

I think it is because IOTA is difficult to shake in the Internet of Things. The internet of things (https://citicoins.com/internet-of-things/) refers to a network between electronic devices embedded in electronics, software, and the like. The Internet of Things Coin can be traded as a currency unit (xot (https://citicoins.com/internet-of-things/)) and as an asset (IoT). At the end of November 2017, the promising IOTA Foundation partnered with Microsoft, Fujitsu, Cisco, Samsung and more than 20 other companies to launch the first publicly accessible Marketplace data market for the Internet of Things. What's particularly intriguing about this work is that the market is fully supported by IOTA distributed books. IOTA shares the same cryptocurrency and can be used to circulate in IoT products worldwide. In addition, iota currency (https://citicoins.com/iota/) was called the Internet of Things’s first currency, do you agree with that? How do you think Michael Nilles’ join?