Nano Coin: The internet of things is without a doubt the next big thing in technology. It will revolutionize how people interact with machines, and unlock new avenues for value creation. This explains why there is lots of interest in cryptos that are focused on taking over this market, such as IOTA (MIOTA). But IOTA (MIOTA) is not the only one that has a future in IoT, Nano coin too could be making forays into this area, and cause its own ripples in the market, as demonstrated by a Nano initiated charger prototype.
Today, the Nano center has released a prototype for a charger that is activated by Nano (Nano). For the charger to start, the user scans the QR code, makes a Nano micropayment and, boom, it starts. You can check out the video by following this link on YouTube.
Though this charger is just a prototype, and might not have much in terms of real-life utility, it opens up an endless stream of opportunities for Nano Coin (Nano) in the IoT ecosystem. For instance, the same concept can be used for making payments at smart car charging stations, as well as in unlocking value from all kinds of devices such as televisions, and other home appliances. If Nano coin gains a foothold in this market, then it could be staring at adoption by key industries including the auto industry, which is slowly warming up to the reality that the future is in autonomous smart vehicles.
For Nano coin investors, this is welcome news as it adds to the use case of Nano (Nano), further adding to its intrinsic value. Nano Coin has already established itself as the best crypto in other industries, especially the gaming industry, a multi-billion dollar industry that has a real need for micro-transactions. It also has a use-case as an everyday transaction currency.
With its feeless nature, and the fact that it is instant and can handle micro-transactions, Nano Coin is without doubt a prime candidate for merchant adoption. It offers practicality that is not available in other cryptocurrencies. It won’t take long before Nano Coin gains adoption by different corporations all across the world, as a payment method.
From a price perspective, Nano Coin (Nano) is one of the most undervalued cryptos in the market today. It has lost a huge chunk of its value in the crypto bear, and is now trading at around $2, a far cry from its all-time highs. But things are looking up, as investors begin to realize the strength of Nano as a payments currency. Today, it is up by over 25%, way higher than most of the other major cryptos that are up by an average of 2%. If the whole market rebounds, Nano could very easily be worth over $100 a coin. It has the fundamentals, and its coin supply allows for such a valuation.