Cryptocurrency investors are hopeful that the green lights will dominate many transactions. In the same vein, the focus is shifting to altcoins that tend to boom later in the year. VeChain (VET) is moving out of its shells. As Waltcoinchain (WTC) gears up to take the bulls, IOTA (MIOTA) is hopeful for a hitch-free IoT interaction.
From these formulations, it is evident that these coins are set to weather the volatile storms of the crypto sphere. The year 2019 starts off on a good note and these coins are in a better position to be harbingers of the gospel of cryptographic currencies.
The Tron (TRX) Foundation is hitting on a decentralized web. In the same vein, the crypto community awaits the next-generation blockchain that will usher in industrialization. In the midst of these squabbles, VeChain’s VET awaits more devices that are connected. Talks are rife that more Internet of Things (IoT) devices will find their way to the world later in the year. A decentralized solution from the coin will be of immense benefit to these devices.
In addition, the coin is fighting to hold the spot instead of IOTA (MIOTA). Whichever way the scenario plays out, VeChain (VET) has a lot to offer. Many platforms are already making use of its framework. From its acceptance in China as a drug and vaccine traceability tool to the partnership with Volkswagen, VeChain’s VET is certainly going places in 2019.
In the year 2018, IOTA (MIOTA) was able to collaborate with many platforms. Its Distributed Ledger Technology, the tangle, finds favor in many sectors. Recently, the coin went into a partnership with Audi. The car-manufacturing firm is using IOTA’s (MIOTA) blockchain to enable Audi car owners select car insurance plans based on real-time data.
In a related development, David Sontebo, the coin’s Founder hinted that over 600 organizations have interest in the coin. IOTA (MIOTA) is fully set to tackle issues in the IoT sector and as more IoT devices are to come on board before the end of 2019, the coin will be putting forward the best foot to ensure smooth flow of human-to-machine and Machine-to-Machine interactions.
Waltonchain (WTC) did not make much impression in the previous year. Stagnation in trades and dominance by top coins cast it to the background. Waltonchain (WTC) is no more a sleeping giant but a calculative coin that will take the crypto sphere by storm.
In spite of its tailoring to IoT, the coin stands a fair chance against competitors. The Chinese government is literally behind the coin. The coin runs on both the blockchain and hardware (such as the production of RFID tags). More IoT devices will come into the public domain later in the year and with China’s zeal to become the next technological superpower, Waltonchain (WTC) literally has its lines falling in pleasant places. The coin is also defensive and has been able to stay above the waters after market crashes.
There are many crypto coins for different purposes. From those centering on privacy to coins that are working on the premise of IoT, as well as cross border remittance sector, the use case of cryptocurrencies continue to increase.
VeChain (VET), IOTA (MIOTA), and Waltonchain (WTC) will shape the future of decentralized IoT. The bulls are making their way back and these coins are waiting with open arms to get on the run.
We can identify the price action causes of why price is finding it difficult to move higher by analyzing longer… Read More
Sub-zero interest rates have become the norm in some countries, especially in Europe. Nordic nations such as Sweden and Denmark… Read More
Bitcoin price cycles can be influenced by a number of factors, FOMO and public sentiment is one, and mining profitability… Read More
A recent plunge in the bitcoin price is looking to negate some of its losses as China’s currency weakens to… Read More
Central banks around the world are on a negative rate binge to further a compelling case for bitcoin.. | Source:… Read More