IOTA, it's Partnership and it's Future

in #steemit7 years ago

IOTA Foundation announced that Robert Bosch Venture Capital GmbH (RBVC) — the corporate venture capital company of the Bosch Group — has purchased a significant number of IOTA tokens. Dr. Hongquan Jiang, partner at RBVC, will also join the IOTA Foundation’s advisory board.

- https://venturebeat.com/2017/12/19/robert-bosch-venture-capital-bets-on-iota-as-it-invests-in-the-future-of-iot/

IOTA Zoomed past $5/iota in less than few days from it's value of 40 cents. That's an archaic news. But anyone ever thought why it zoomed, just because of a news about Microsoft's partnership? 

Hell No!

Valuations for IOTA was just about to shoot anyway, may be not like after Microsoft's partnership announcement or news. But it has a backing of many many large corporates and conglomerates. Some of them - 

It was matter for few more days and it's valuation was gonna sky rocket. 

Question right now is - whether is it still investible for multiple return in short term goal?

Experts believe because of its distributed ledger technology (DLT) to go beyond a blockchain — it enables machines to securely transact data and money with each other for a micro fee. 

All of that makes IOTA a smart choice to invest in for IoT applications.

Comment below about your analysis and predictions if any.

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