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Tag: IOTA

World’s First IOTA Charging Station Launched in the Netherlands

Category: Altcoins, News, Tech

World’s First IOTA Charging Station Launched in the Netherlands

On April 18, 2018, ElaadNL, an innovative smart charging infrastructure company, has launched the first charging station that accepts payment IOTA. The charger is located at the ElaadNL test site in Arnhems Buiten Energy Business Park. The ElaadNL test site contains all types of charging stations which are such as charging island, a fast charger, two charging lanterns, a battery…

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What Is IOTA and Is it a Good Investment?

Category: Altcoins, Cryptocyclopedia, News, Tech

What Is IOTA and Is it a Good Investment?

Since the world was introduced to the blockchain by Satoshi Nakamoto in 2008, there have been a number of innovations built on top of the technology. These include the creation of cryptocurrencies with specialized features such as privacy-centric Monero, the development of enterprise-ready blockchain solutions like Ripple, as well as the use of the blockchain to mitigate social challenges such…

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Porsche Piloting Blockchain Technology Applications for Smart Cars

Category: Blockchain, Business, Ethereum, News, Tech

Porsche Piloting Blockchain Technology Applications for Smart Cars

Luxury automobile manufacturer Porsche has teamed up with Germany based start-up XAIN, to become the first automobile manufacturer to test blockchain technology applications directly in their vehicles. Porsche’s Blockchain Pilot Program In June 2017, the Berlin-based AI firm won the first “Porsche Innovation Contest” beating 120 other startups. Following the contest, XIAN and Porsche team worked for nearly three months…

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Multinational Giant Bosch Just Made a Large Investment in IOTA

Category: Altcoins, Business, Commentary, News, Tech

Multinational Giant Bosch Just Made a Large Investment in IOTA

Robert Bosch Venture Capital (RBVC), the corporate venture capital company of the Bosch Group, has taken its first step into the crypto world with a large investment in IOTA, a DAG-based, zero-fee distributed ledger network being developed to accommodate micro-transactions for the Internet of Things (IoT). Robert Bosch GmbH, a giant among multinational industrial companies with headquarters in Germany, produces…

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IOTA’s Tangle Protocol to Transform Taipei into a Smart City

Category: Altcoins, Blockchain, Business, Commentary, News, Tech

IOTA’s Tangle Protocol to Transform Taipei into a Smart City

The city of Taipei has joined hands with IOTA foundation to achieve it smart city goals. The capital of Taiwan is striving to integrate the technology’s “blockless” distributed ledger technology, Tangle, to its multiple programs of the smart city project. A New Era of Blockchain Smart Cities The Taipei smart city project was initiated last year in which the city…

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Malicious Online IOTA Seed Generators Allow Hackers to Steal a Massive Haul of Tokens

Category: Altcoins, News, Tech

Malicious Online IOTA Seed Generators Allow Hackers to Steal a Massive Haul of Tokens

Hackers have hit IOTA online seed generator websites. Approximately $4 million worth of IOTA tokens has been stolen by hackers, through malicious online seed generators. According to FinanceMagnates, hackers have succeeded in moving IOTA users’ funds to their wallets via seeds they got from iotaseed.io. The process of generating seeds for a new IOTA wallet is quite a herculean task….

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IOTA: A Misunderstood Cryptocurrency?

Category: Altcoins, Bitcoin, Blockchain, Commentary, Ethereum, News, Tech

IOTA: A Misunderstood Cryptocurrency?

IOTA is one of the fastest growing cryptocurrencies with an enthusiastic community of fans. However, it is also one of the most severely criticized cryptocoins. Here we investigate what makes IOTA so controversial – and what value can be found in its approach to scale cryptocurrency. Disputes and Criticism: IOTA Defending Itself For a crypto writer, IOTA is currently one…

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MIT Criticizes IOTA: “Gaping Hole in its Software” and Deceptive Marketing

Category: Altcoins, Blockchain, Commentary, News, Tech

MIT Criticizes IOTA: “Gaping Hole in its Software” and Deceptive Marketing

On December 20, MIT Media and the MIT Digital Currency Initiative (DCI) issued a public statement written by DCI Director Joi Ito, refuting an article published by the institution’s own MIT Technology Review about IOTA’s potential to outperform bitcoin. MIT DCI Criticizes IOTA On December 14, MIT Technology Review’s Mike Orcutt published an article entitled “A Cryptocurrency Without a Blockchain…

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The Future of Cryptos: Byteball and IOTA vs Bitcoin and Ethereum

Category: Altcoins, Blockchain, Commentary, News, Tech

The Future of Cryptos: Byteball and IOTA vs Bitcoin and Ethereum

Cryptocurrencies have emerged from the shadows. It is hard to argue this point after the unprecedented price rise of bitcoin and the adoption of Ethereum through a multitude of industries, there’s an argument to be made that cryptos are inching ever closer to the mainstream. With this kind of attention to Bitcoin and Ethereum, certain issues with them, and the…

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The Flaws of Bitcoin and Ethereum and DAG’s Solution

Category: Blockchain, Commentary, Tech

The Flaws of Bitcoin and Ethereum and DAG’s Solution

The adoption rate of cryptocurrencies into the public at large and into general practices across a huge host of industries has been staggering. Startups have been quick to show up to wedge cryptos into their niches to solve old problems as well as creating new features in their services and way of doing business. The biggest players in this scene,…

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