There is a crypto recovery that comes even in the face of allegations. We have seen how Tone Vays is tearing down Litecoin-TokenPay partnership while Justo is laying down his claims that EOS is actually undercutting Ethereum. Either way, both coins are in the green and setting the pace for further gains in IOTA, Stellar...
Of all coins, Stellar Lumens performance stands out. It is one of the top performers in the market gaining eight percent in the last day. IOTA is also following suit. While IOTA prices are well balanced and trading above 90 cents-our sell trigger line, any up thrust above $1.1 and $1.3 would be morale boosting...
The slide continues and even with Twitter representatives visiting Tron offices triggering rumors of potential partnerships, sellers continue to run havoc. So far, Tron leads the collapse shedding six percent in the last day while IOTA is pretty much stable testing the main support line at 90 cents. In any case, we shall wait for...
Fundamentals drive the hype element in altcoins and cryptocurrencies. It’s important to know that because even though it could otherwise pass out as a non-issue, Litecoin acquisition of WEG Bank is supportive of price and some are even linking Litecoin (LTC) revival to that. Regardless, we are still in a bear trend with some coins...
Crypto exchanges-regardless of their database location-are having a rough time with hackers. After several South Korean and Japanese attacks, Bancor got exploited and $12.5 million worth of BNT was used to withdraw ETH. It’s definitely bad press and sellers are spearheading this on-slaughter. So far, it’s double digit losses for EOS, IOTA, Tron and Litecoin....
Lewis Freiberg, Head of Ecosystem at IOTA Foundation posted an article called What’s up with the Tangle? The explanation is part counseling, and it’s basically teaching enthusiasts how to view the project’s success and issues as well emotionally. The other part of the post is practically a tech analysis. Freiberg describes the essay’s title as […]
The slide seems to pick up even as bullish reversal pattern print out in weekly charts. EOS, IOTA and Litecoin are experiencing resistance to upsides. In my view, and in light with the general bearish trend, sellers might take control today and push prices towards immediate supports. Let’s have a look at these charts: EOS...
Co-HACK & Co-DISRUPT to create a new permissionless mobility ecosystem!
Berlin, Germany July 9th 2018
The transportation and automotive industries are poised for a major transformation in the coming years. Technological advances in electric vehicles, batteries, artificial and geospatial intelligence, and distributed computer networks portend a major shift in how the entire mobility sector does business. OEMs and other mobility focused companies are already testing and piloting autonomous vehicles on the road, and trying to demystify for their stakeholders how autonomous digital agents, smart infrastructure, smart businesses and new ownership models will change their industry. Distributed Ledger Technology (DLT), such as the IOTA protocol, is one such technology ready to play a major role in this mobility transformation. While DLT has had much hype in the media, a clear understanding of how it could potentially disrupt real world industries remains opaque for many people. For two and a half days in Munich, Germany, well-known companies such as BMW, Bosch, Volkswagen, Audi & Deutsche Bahn, Amdeus, Telekom and many more will seek to move beyond the hype and demonstrate how DLT can disrupt the mobility industry by demonstrating its potential first hand. The DLT Mobility Hackathon, organized by DLT solution provider Datarella and deep tech investor Vito Ventures, will bring together the biggest players in the mobility ecosystem to showcase what the future of mobility could look like.
The non profit IOTA Foundation (IOTA) is convinced that collaboration is key for success and therefore is thrilled to be part of the world’s first hackathon where industry leaders and a great number of independent hackers, programmers and smart minds will join forces to hack the future of mobility. IOTA will contribute prizes, coaches and merchandize to support the hackathon and the idea of an open source, permissionless mobility ecosystem.
Alisa Maas (Head of Mobility and Automotive IOTA Foundation) “IOTA aims to become the underlying transaction protocol for a permissionless mobility ecosystem and we truly believe that standardization and open innovation will be key for seamless customer experience. We envision mobility and transportation in the future to be: on-demand, clean, affordable, safe and seamless. Therefore we boost the idea of thought leadership collaboration and we´re absolutely excited being part of this adventure.”
Additionally, the IOTA Ecosystem Development Fund is prepared to support a stand out, open source, IOTA based mobility solution with a $50k IOTA token grant to take the idea generated at the conference towards a real-world prototype.
John Liccardello (Managing Director, Ecosystem Development Fund) “For Distributed Ledger Technology such as IOTA to achieve its potential, it will take an ecosystem of participants working together towards shared solutions. The IOTA Ecosystem Development Fund is very excited to support the open-source collaboration at the Blockchained Mobility Hackathon to hack the future of mobility together.”
Tobi (Local Task Force Manager, IOTA Community ) “IOTA was designed to improve our daily lives and to create new opportunities for everyone. Hackathons, like this DLT Mobility Hackathon in Munich, will help us to create and develop, will bring new developers into the Community and therefore act as accelerators of the IOTA Technology. As a Munich based community member, I am very happy to be part of the Hackathon and to support Hackathon participants as much as I can.”
Dominik Pietsch (BMW Group Mobility Services) „With a collaboration model in a trustless environment based on DLT we see what could be the basis for mobility as a service platforms where customers make use of a multitude of mobility services without being dependent on one single provider. The Mobility Hackathon is an experimental way to tackle some of the challenges where a cooperation is needed on the data side although services still compete.“
Peter Busch (DLT Solutions Mobility, Bosch ) “Bosch is very keen to collaborate with the proponents of modern Distributed Ledger Technologies in a setting like this hackathon, where open minds meet open technologies to think about the future.”
Regina Klukas (Head of Venture Building, Deutsche Bahn ) “It’s quite challenging to explore new technologies and new collaboration models to revolutionize mobility for our customers. The capabilities of Distributed Ledger Technology provide a completely new arena of use cases, business models and will also change the way the ecosystem player will work with each other.”
Malte Schönfeld (Venture Development Manager, Audi Denkwerkstatt Berlin) “The Hackathon is a good chance for Audi to get connected to the community which is working on Distributed Ledger Technologies and building up a strong ecosystem. Working on powerful use cases and business models in such a short time is a challenge and a chance at the same time. We are looking forward to find the right answers for the future of our customers.”
Klaus Schaaf (Volkswagen Digitalization — Product & Services) “The new mobility ecosystem will emerge as a combination of new technologies and new business models. Distributed ledger technology helps to build the necessary bridge between those two. We at Volkswagen are looking forward to the hackathon and we expect a lot of original ideas using this emerging technology, so that we can re-think mobility in creative and surprising ways.”
Herbert Mangesius (Principal VC, Vito Ventures) “This Hackathon as been created in a complete pull of the mobility ecosystem, where Vito Ventures and Datarella acted as a catalyzer. We bring together for the first time leading players across the mobility ecosystem and make them collaborate while at the same time compete in a very positive sense! The willingness to break existing models and push frontiers of platform businesses and tech towards a shared mobility ecosystem amazes us. This event is second to none and we are excited to host the world leading hackathon as part of our deep tech conference daho.am.”
Michael Reuter (CEO, Datarella GmbH) Michael Reuter (CEO, Datarella GmbH) „DLT is the foundational technology stack that allows for a unique and seamless mobility experience. We (Vito Ventures and Datarella) are proud to host the first blockchain mobility hackathon and to jointly work on innovative and sustainable mobility solutions with the relevant players within the ecosystem.“
About DLT Mobility Hackathon in Munic
Compete and collaborate: The DLT Mobility Hackathon brings together the biggest players in Europe’s mobility ecosystem with the brightest independent developer teams for 2.5 days of DLT mobility hacking! You’ll use bleeding edge distributed ledger tech to imagine and build prototype solutions for a sustainable mobility ecosystem. Network and innovate in an open sandbox with industry peers! All participants will get free tickets to the DAHO.AM Tech Conference in Munich on July, 24th 2018. The hackathon winners will receive prizes in value of 8.000 USD including a potential pre-Seed funding up to 50.000 USD from the newly set up IOTA ecosystem development fund.
Press release: https://www.presseportal.de/pm/113176/3992892
About IOTA Foundation
IOTA is a not-for-profit foundation incorporated and registered in Germany. The IOTA Foundation’s mission is to support the development and standardization of new distributed ledger technologies (DLT), including the IOTA Tangle. The IOTA Tangle is an innovative type of DLT specifically designed for the Internet of Things (IoT) environment. It is an open-source protocol facilitating novel Machine-to-Machine (M2M) interactions, including secure data transfer, fee-less real-time micropayments, and the collection and dissemination of sensor-based and other types of ‘oracle’ and other data. www.iota.org
IOTA@MobilityHackathon in Munich 20.-22. July 2018 was originally published in IOTA on Medium, where people are continuing the conversation by highlighting and responding to this story.
+CityxChange is set to put the IOTA (MIOTA) Tangle technology to the test again in a multi-point, smart city project that has just received the green light and funding from the European Union. Greenlit and Funded Following the successful partnership with Taipei to create the first ever blockchain based smart city project, IOTA with +CityxChange will take on...
Next Snapshot: July 9, 2018 @ 08:00 UTC
Network Restart: July 9, 2018 @ 15:00 UTC
As you probably already know, we are performing global snapshots of the IOTA network on a more or less regular basis. The main motivation for global snapshots is to prune the database and allow smaller nodes to keep participating in the Mainnet. Otherwise, they may run out of space and fall off the network — something we definitely don’t want.
The amount of traffic on the IOTA network is ever-increasing (even more so after the Tip Selection algorithm improvements). The increased traffic is something we’re very proud of as it’s a testament to the network being used more and more, but it comes at the price of a faster database growth. This is something we currently work on addressing with local snapshots. For now, we recommend moving to at least 80 GB nodes until local snapshots are available to make sure your node doesn’t run out of space.
You can about snapshots in general in our FAQ. If you’d like to know more about the process, see our previous blog post.
Great opportunity to set up your own node
A snapshot is always a good time to get involved and start running your own nodes! The following community-run guides will help you get set up, and you won’t need any special instructions to use the latest snapshot as your starting point. Please note that we now recommend setting up nodes with at least 80 GB of disk space.
- IOTA Full Node Installation Wiki
If you are already running a node
You have 2 basic options:
- Do nothing. You are free to continue running your existing version of IRI. There are no significant changes to IRI this time, we released a major update few weeks back and there’s more good stuff baking, so stay tuned for more. Still, we strongly encourage every node operator to keep IRI up to date to ensure you have the latest performance enhancements and bug fixes. Note that while the Coordinator is offline, you won’t see any confirmations on the Mainnet for several hours (July 9, 8:00 UTC to July 9, 15:00 UTC).
- Clean the database. If you are running a smaller node that is short on disk space (the database has grown to ~43 GB since the last snapshot), you may want to remove your existing database entirely and start fresh. In this case delete your mainnetdb folder and replace iri.jar with the Mainnet v1.5.1jarfile which will be found on the releases page shortly after the snapshot. This will allow your node keep participating in the network.
Help us validate the snapshot
If you run a node and would like to participate in the validation process, it’s not too difficult. Just make sure you have Node.js installed and follow the instructions here: https://github.com/iotaledger/snapshot-validator.
IF and Community members will be available on Discord in the #snapshots channel to provide support during the snapshot if you would like to participate.
The July 9, 2018 IOTA Snapshot was originally published in IOTA on Medium, where people are continuing the conversation by highlighting and responding to this story.
IOTA becomes involved in a highly promising project these days. The +CityxChange consortium includes the IOTA foundation and 24 more enterprises and organizations, and it just won a bid to lead a bid new smart city lighthouse project under an EU research and innovation program. €30 million worth of backing has been committed for the […]
The +CityxChange consortium, which includes the IOTA Foundation, has won a bid to lead a new smart city lighthouse project under an EU research and innovation program. A total of €30 million euros worth of backing has been committed, the majority from the EU, for seven EU cities to experiment with smart positive energy innovations. A total of 25 enterprises and organizations, including distributed ledger technology innovator IOTA, form the +CityxChange consortium. The group, which
Weekend’s price action was a short in the arm for Bitcoin, IOTA and a host of other coins under our focus. EOS is also stable despite claims of block producer crash by EOS New York. On the other hand, Tron implements their incentivization plan which is overly good for network development. EOS Technical Analysis From...
The European Commission formally invited the +CityxChange team to be part of the Smart Cities and Communities Project. The project in question belongs to the EU Research and Innovation Programme Horizon 2020. The +CityxChange project uses IOTA to facilitate connectivity between devices as a means of promoting “climate-friendly and sustainable urban environments.” Such a large-scale […]
IOTA released a critical update involving their new Trinity mobile wallet. Trinity Mobile has more than 20,000 users testing the beta release for the platform. The development team says that it’s encouraging that they found fewer bugs and they can finally focus on new features. Features included in the next release Snapshot transition This will […]
On 6 July 2018, the +CityxChange proposal was formally invited by the European Commission to become a new smart city lighthouse project, under the “Smart Cities and Communities” call of the EU research and innovation programme Horizon 2020. The proposal was given excellent comments and scores by the experts, and rated among the very best among the eleven competing proposals.
For the next five years, the cities of Trondheim, Limerick, Alba Iulia, Pisek, Sestao, Smolyan and Voru will experiment on how to become smart positive energy cities, that use digital services to improve quality of life for and together with all of their citizens, generate more energy than they consume, and exchange experiences with cities across Europe to learn faster, together.
Under the leadership of the Norwegian University of Science and Technology (NTNU), these seven cities will develop and test new solutions together with an impressive list of 11 large entreprises, 9 SMEs, 3 non-for-profit organisations and 2 universities, covering the entire value chain: IES R&D, Powel AS, University of Limerick, Energy Agency of Plovdiv, Future Analytics Consulting, Research2Market Solutions, ISOCARP, TrønderEnergi Kraft AS, ABB Norway, ATB, AVIS Budget Group, Statkraft Varme AS, ESB Innovation RoI Ltd, ESB Networks, Ove Arup & Partners SAU, FourC AS, R.Kjeldsberg, Smart MPower, Space Engagers, Colaborativa, Officinae Verdi, IOTA Foundation, NHP Eiendom, and GKinetic Energy Ltd.
The independent experts evaluating the proposal commend +CityxChange for demonstrating and substantiating actions that will contribute to the wide scale roll out of Positive Energy Districts across Europe, with a convincing approach to make local governments an active and integral part of the energy solution, engaging citizens in the city transformation, and involving the entire district energy value chain, extending to high level policy makers and cities, universities, large enterprises, distributed network operators, SMEs, and not for profit organisations
“Smart cities is one of the fastest growing cross-sectorial arenas of innovation for IOTA. Building on our work and partnerships across mobility, energy or data marketplace, these smart city ecosystems bring it all together. The +CityxChange consortium gathers many public and private partners around an ambitious open innovation and co-creation initiative. This is 100% aligned to IOTA Foundation’s DNA and we can’t wait to get started.” Wilfried Pimenta, Head of Business Development at the IOTA Foundation.
“The IOTA Foundation is excited about the approval of the first official Horizon 2020 project in which we are actively participating. Being able to explore and demonstrate the utility of IOTA within the smart city context in numerous cities across Europe will be incredibly valuable going forward. The fact that NTNU, Norway’s largest university, is heading this effort is tremendous. We have had a good relationship with NTNU and the municipality of Trondheim for quite some time now, and the Foundation expects this collaboration to strengthen our bond and output. As a Norwegian I am personally ecstatic about this project.” David Sønstebø, Co-founder and Co-chairman of the IOTA Foundation.
The consortium project will receive 20 million Euros in funding by the European Research and Innovation programme Horizon 2020. In addition, some of the project partners add 10 million Euros of in-kind efforts to ensure the local implementation of the demonstration projects in Trondheim and Limerick. Expected project start is 1 January 2019.
For more information, please check the dedicated website http://cityxchange.eu or contact Wilfried Pimenta, Head of Business Development email@example.com
Green light from the EU Commission for IOTA and the European smart city consortium +CityxChange was originally published in IOTA on Medium, where people are continuing the conversation by highlighting and responding to this story.
Most coins under our focus have been on a slide for the better part of the year. It seems like it may continue at IOTA especially if sellers continue to push prices below $1 and 90 cents in the days to come. Like $110 and $90 is important for Litecoin, 90 cents which is a...
Altcoins though swinging-are on a recovery path and none stands out like IOTA. Gains have been consistent and they continue to partner with strategic industries. As that is happening Tron SRs election is on-going and so far there haven’t been market moving news events injecting demand. Let’s have a look at these charts: EOS Technical...
Overly, alt coins are back in the positive territory adding $11 billion in market cap. Supporting this is the obvious gains in IOTA and at EOS regardless of the RAM issues and the power vested on block producers. Talking of powers and it seems like hackers are becoming a threat after their audacious attack on...
Perhaps the debate of the day hovers around the diverging polices between those in the EU and India. EU Research findings strongly endorse cryptos while India’s Supreme Court has reasons to bar crypto dealings and get behind RBI’s decision to label them illegal. This is interesting and could potentially dent the recent revival of BTC...
Besides IOTA whose buyers have been consistent in the last three days, others are literally stagnant. EOS is still trending below $9 despite the clout surrounding RAM while Litecoin is likely to break above $90 today. Could yesterday’s rally have to do with South Korea declaration that it will invest $200 million by 2022 on...
Dr. Klaus Schaaf has been with Volkswagen AG for almost 30 years, mostly in research areas and promoting edge technologies. Most recently Klaus has worked in Volkswagen Group Digitalisation, founded by IOTA supervisory board member Johann Jungwirth, on new products and services. One of the areas has been Software-over-the-Air (OTA) and application of Distributed Ledger Technologies in the automotive world. During this time he came across IOTA and its superb technology and initiated the proof of concept which was shown by Volkswagen at CeBIT2018.
During the early 2000s Klaus built up the Volkswagen Electronics Research Lab (ERL) in California as Research Director. There he scouted for new technologies which eventually found their way into cars. Together with Stanford University the ERL built Stanley, the autonomous car which won the Darpa Great Challenge in 2005.
Later Klaus was Director of “Wireless Wolfsburg”, the first public City-Wifi in Germany where a lot of new applications for automobiles were tested. Wireless Wolfsburg later became part of one of the e-mobility test fields in Germany and of BIG IoT, a European project to enable IoT ecosystems.
Klaus holds a diploma degree and a Ph.D. in Physics from Göttingen University. During his studies he also spent some time at UCLA. Klaus is married and has two sons who are both start-up entrepreneurs and help him staying up-to-date with emerging technologies.
On joining the IOTA Foundation
The automotive world is disrupted by new technologies like Software-over-the-Air, Function on Demand and Autonomous Driving. New Business Models will provide Mobility-as-a-Service. To support these disruptive technologies Distributed Ledger Technology will play a major role. IOTA and the Tangle provide a future oriented technology which is well suited for the requirements of the new Mobility ecosystem.
I am excited to be part of the IOTA Foundation and to help building the pillars on which this ecosystem will rest.
We are very happy to have Klaus join the Foundation in an official capacity. His extraordinary experience stretching back decades, particularly in the field of modern cars and its intersection with Internet of Things make him an ideal advisor to assist us in realizing the vision of the IOTA project. Give him a warm welcome!
Welcome Klaus Schaaf to the IOTA Foundation was originally published in IOTA on Medium, where people are continuing the conversation by highlighting and responding to this story.
It’s no secret that EOS is a promising project but it isn’t short of drama. After several voting issues, RAM speculation dominates headlines and prohibiting DApp implementation because RAM is expensive. As this happens, Litecoin and Stellar Lumens (LTC) are finding support. In my view, IOTA looks promising and as it prints a double bottom...
A new initiative carried out by Bitpanda, the European leading cryptocurrency exchange platform, based out of Vienna, made it possible for cryptocurrency enthusiasts to buy Bitcoin (BTC), Ethereum (ET), Ripple (XRP), IOTA (MIOTA), Bitcoin Cash (BCH), Litecoin (LTC), and Komodo (KMD) from more than 400 post offices and 1,300 post partners in Austria, in Vienna […]
In October 2017, IOTA community experienced a troublesome period when a bug was found in the IOTA code. The vulnerability made it very straightforward for an experienced hacker to hack the IOTA blockchain and get IOTA (MIOTA). However, the bug was fixed with no incidents recorded, and IOTA implemented an identity verification process for users […]
Mark Schmidt is a cryptocurrency enthusiast and entrepreneur. He studied Business Administration at the University of Hamburg and founded several startups — ranging from on demand parceling services, affiliate websites, to developing mobile applications. While still in his teens, he managed professional e-sports teams, such as Trademark Gamers and ASUS. Ever since, Mark has given breath to new projects and startups. Currently, Mark is located in Hamburg, Germany.
On joining IOTA
I have been closely following the cryptocurrency space since 2011, and in all that time, the only project to ever given me goosebumps was IOTA, both for its technological promise and its vision of the future. I am incredibly honored and excited to be joining the IOTA Foundation. It is my sincere hope and goal to help in my capacity as the Community Manager to make IOTA’s vision become a reality.
Mark’s background in management makes him a great asset to the IOTA Foundation as we expand our interaction and engagement with the broader ecosystem, which is an essential element of IOTA’s success. The community manager role is designed to help facilitate ecosystem efforts on both the development and community sides. Mark will ensure that community questions and concerns are being adequately met and serve as a contact point for individuals who are active in their localities. Please give him a warm welcome!
Welcome Mark Schmidt to the IOTA Foundation was originally published in IOTA on Medium, where people are continuing the conversation by highlighting and responding to this story.
IOTA (MIOTA)–At this point in the bear cycle, stories of adoption are being being met by investors with muffled grunts and outright frustration. Two years ago, cryptocurrency was starved for news of established companies developing partnerships with the coins, or at the very least drawing interest. Despite the downward spiral of pricing for currencies across […]
Yesterday, Sunday, June 24th, “TRON Independence Day” was the hottest topic in the cryptocurrencies market which was experiencing another bearish trend that fortunately ended today, Monday. However, yesterday, when Bitcoin (BTC) plummeted towards $5,800, TRON (TRX) held its position and was more successful than IOTA (MIOTA), considered its direct competitor. At the moment of this […]
The highlight of today, amidst the general crypto market decline, is the Tron (TRX) Independence Day that has proven to be unshaken by the current general crypto market decline witness this Sunday Morning. Bitcoin (BTC) has reached new lows of $5,800 with some exchanges such as Binance experiencing BTC levels of $5,777. The token of […]
IOTA (MIOTA) transactions are carried out on a distribute ledger without blocks known as Tangle Technology, which runs with no fees and provides decentralized P2P transactions. IOTA teamed up with SinoPac Holdings to join efforts to innovate on the Tangle Technology. SinoPac Holdings is a Taiwan-based financial holding company which works thoroughly on its own […]
What is the IOTA?
If the Aether is turned towards smart contracts, the IOTA (or MIOTA) is linked to connected objects, to the Internet of Things, which some people call “fourth”. industrial Revolution”.
Created in 2015 by David Sonstebo, Sergey Ivancheglo, Dominik Schiener and Dr. Serguei Popov. IOTA is based on a technology that allows free and instant transactions between machines in the Internet of Things environment.
Unlike Bitcoin and most cryptocurrency, IOTA units already exist (2.779.530.283 in total), and the motto is not based on the mining system (creation of units via computers, note).
IOTA also differs from other cryptocurrencies in that it does not rely on the blockchain technology mentioned above. It is based on Tangle technology, fully decentralized, which allows transactions at no cost, secure, and instant.
The applications are numerous. The IOTA allowing micro-transactions since there are no fees, many companies, including small businesses, merchants could be interested. The Tangle technology on which the IOTA is based can also be used to transfer data, can be applied to set up electronic votes, or even serve as a basis for encrypted e-mail.
IOTA could also be set up in the area of the shared economy. We can imagine Paris Vélib ‘working with this technology, but all kinds of connected objects could be shared.
The IOTA has experienced a recent craze its course passing in less than a week of a few cents to more than 3 dollars per unit. This interest is explained by the announcement of a partnership with major companies such as Microsoft, Samsung, Cisco or Volkswagen.