Why Should I Buy and Invest in IOTA?

gabronix (17)in #iota • 7 years ago

Should I Buy and Invest in IOTA?
Who’s Behind the Organisation?
The team behind IOTA, working on new Blockchain architectures and consensus protocols since 2011, has been developing for the past 2 years a completely new architecture built from scratch that resolves these inherent blockchain limitations while staying true to its core principles. In 2016, the IOTA Foundation was announced and since then, it grew in numbers and expertise. David Sønstebø (Founder) Dominik Schiener (Co-Founder) Sergey Ivancheglo (Co-Founder) Dr. Serguei Popov (Co-Founder) Per Lind Dr. Carsten Stöcker, physicist with Ph.D. from the University of Aachen. Prof. Gideon Samid, PhD, PE, who obtained his degrees at the Technion — Israel Institute of Technology Dr. Navin Ramachandran, MBBS BSc (Hons) MRCP FRCR is a practicing radiology consultant at University College London Hospital (UCLH) Dr. Mervyn G. Maistry David A. Cohen Wilfried Pimenta de Miranda Regine Haschka Helmer.
Should I Buy and Invest in IOTA?

The Internet of Things offers exactly this rapidly expanding landscape for communication service providers (CSP’s) to explore new revenue and growth opportunities. With IoT connections expected to reach more than 1 billion by 2020, the need for a secure, cheap and scalable micro-billing mechanism is apparent to everyone. Some say IOTA is new and there is a huge potential in its project. That is not entirely true. IOTA development began with hundreds of supporters back in 2015 and it has been covered in TechCrunch, VentureBeat, Forbes, Cointelegraph, CIO, etc. repeatedly. It is not a new project and they have been there for a while now. Although it is not a new to some of us, in my opinion, IOTA is still far away from “mass-adoption”. Months of negotiation and clever strategic management of the IOTA-CORE, especially David Sønstebø’s efforts and Dominik Schiener’s participations in meaningful IoT-conferences, lead to tons of collaborations and partnerings between IOTA and real companies. Investing in IOTA now at the time of writing is a good choice as it is barely out the gate publicly. The team slowly began releasing information about the partnerships that they have worked on with large organizations since late 2015. Over the last few years, It has gained its momentum and ready to take off anytime soon. The most recent news from IOTA was it launches DLT Research & Innovation Network from Norway. Norway has always been world leading in adopting digital technologies across both the public and private sectors and is now waking to the potential of Distributed Ledger Technologies (DLT), the IOTA Foundation has teamed up with leading Norwegian clusters, research and academic institutions to create a new DLT research and innovation network. From my point of view, the price of IOTA will further rise in anticipation of other exchange launches and make one big jump up once a series of exchange listing is announced. IOTA is still under the radar, but there are great indicators that this won’t take long to change. Looking at the Google Trends interest below, IOTA is slowly getting more attention as the ecosystem grows every day. The reasons for the overall growing numbers are that the founders, and especially Dominik Schiener, are participating in conferences, hackathons, and presentations for months.

Stay tune for more info.