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CryptoTvplusIOTA wants to enable interoperability with all these different players. So there is no Jaguar coin, no BMW coin, but one Universal Token for this machine economy.
-Dominik Schiener, IOTA Foundation Co-Founder and Co-Chairman.
Speaking further, Schiener said IOTA is designed to easily solve most of the inefficiencies facing other blockchains particularly because he believes IOTA operates on top the Distributed Ledger Tech (DLT) called Tangle which is expected to connect IoT with Web 3.0.
Blockchain adoption has left its speculative days for good and is being explored by many more companies that could have been imagined. he benefits of the blockchain technology are too numerous and attractive to be turned down. It offers customers a reward system that can, in turn, build and attract customer loyalty to a specific brand.
Did you know that the cost of bad roads to American business between now and 2022 is estimated to be $240 billion? #IOTA partnership with #Jaguar tries to mitigate that. pic.twitter.com/PbFCoqujqw
— Rafael Presa (@RafaelPresa) May 2, 2019
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