Review on IOTA by Amos joseph
IOTA
This is a very versatile project with lots of interesting features this project is known for it zero fee transaction real fast scalability and date optimisation, man and machine communication health care date retrieval research center for health care expert a community where patient and doctors can shear information about their health bio. Link between traders and exchange company.
With digital identity on IOTA a patient can control or allow whom he seems fit to have access to his health data your health information can't fall at the wrong hands since you're in control of your data with the digital healthcare information data and research can be easily accessed for expert who want to make research.
Automobile industry are growing rapidly cars like Rovers has an inbuilt wallet that are used to make payment for parking lot charging batteries IOTA provide these new technological advance method car owners can even earn when they share their renewable energy to other car owners.
These project want to make trading more efficient and trustworthy whereby securing trade active between traders and exchange company.
My take on this project is that it's really an amazing project with promising future for every one this will go a great length, when it has fully gain adoption by lot of user these project has lot of interesting features which can't be exhausted it's the generation technology.
Pros
- Fast and zero transaction fee
- Support research and storage of medical data
- Uses car wallet for making transaction and purchase payment of parking lot,
- Link between traders and exchange company for transparency
Cons
- A lot of activity are integrated on the platform which makes it very complex
- Platform yet to be widely known by users
New products
Comments (1)
June 23, 2020
Really enjoyable reading this because blockchain projects are always a great result. This one is a little bit different but good. I always pay attention to its benefits as well as current movements in the market. It's still a growing project. Perhaps, better updates are coming.
