According to a press release published on November 2, the German IOTA fund will integrate IOTA tokens with the Ledger cryptocurrency hardware wallet.
After integration with IOTA Trinity and Romeo wallets, the hardware wallet Ledger Nano S will provide its users with the ability to store tokens on a separate chip, isolated from a computer or smartphone. According to the information, the Ledger company has developed a chip similar to the chip in credit cards or passports.
In July, IOTA and Volkswagen demonstrated a PoC that uses the Tangle system to power autonomous cars. Tangle technology allows Volkswagen to send software updates needed over-the-air as part of the manufacturer's new Connected Car program.
IOTA Tangle is another type of DLT specifically designed for the Internet of Things (IoT). It is an open source protocol that facilitates communication between devices, including secure data transfer and fast micropayments.
According to Coinmarketcap, at the time of publication, the price of the IOTA token is $0.47, and its market capitalization is approximately $1.3 billion.
According to cointelegraph.com
You May Also Like
Startup Xapo enters the jurisdiction of Gibraltar
Startup Xapo, which is said to hold $10 billion in Bitcoin for clients, is ramping up its operations in Gibraltar as the British territory rolls out the red carpet for the cryptocurrency business.
New Cashpay wallet feature allows users to change BCH
In June, many media outlets reported the creation of a new cryptocurrency wallet called Cashpay. The mobile application, available for iOS and Android, was developed by the Cryptonize.it team. Cashpay provides some features not available in other wallets, such as the ability to donate in BCH. Now the wallet is launching a feature called “Spend and Replace,” which will allow users to exchange Bitcoin Cash.
