The future of IOTA (MIOTA) as a top cryptocurrency is pretty much secured. It is one of the few cryptocurrencies that is gaining in adoption, even though it’s still in the development phase. So far it is working with companies like Fujitsu, VW, and Audi among other key global corporations. But the best of IOTA is yet to come. Going by the IOTA (MIOTA) research and development roadmap, there are a couple of projects that are in the development phase, which will significantly impact on the value of IOTA in the future. Here are some of the biggest ones.
According to the IOTA R&D roadmap, hub is a project under development that will make IOTA (MIOTA) easier to integrate on exchanges. Once hub is complete, it will only take exchanges a few days to integrate IOTA (MIOTA) into their systems. This is a big deal because part of what will drive the value of IOTA (MIOTA) going into the future is availability on exchanges. In essence by making IOTA (MIOTA) easier to integrate, the number of exchanges looking to list IOTA (MIOTA) will increase, thus pushing up the value of this coin.
- Coo-free IRI
One of the biggest FUD always spread about IOTA (MIOTA) is that it is centralized, because it has a central coordinator. However, this won’t be for long. The IOTA engineering team is hard at work abstracting the current consensus mechanism so that it can be replaced later along with a distributed mechanism. Though this project is still in its early stages, once it is complete, together with a similar project named Coordicide, IOTA will maintain all its great features, but this time without the need for any central coordinator. This will without a doubt drive up the adoption rates of IOTA in the future.
- Trinity wallet
Like the central coordinator, the IOTA wallet is always a source of FUD, aimed at discrediting the IOTA project. However, this won’t continue for long. The IOTA (MIOTA) team is in the final stages of developing the IOTA trinity wallet. It will be fully secure and user friendly. Once this wallet is complete, more people will have the confidence to invest in IOTA and this will shore up the price. This will have a huge impact on the overall value of IOTA coin going into the future.
The IOTA (MIOTA) engineering team is working at developing Qubic, a platform that allows for the development of smart contracts on the IOTA tangle. Once it is completed, this project will be a game-changer for IOTA. That’s because through it, businesses will be in a position to develop complex smart contracts for all kinds of applications, in a feeless, and highly scalable environment. Qubic has the potential to make IOTA (MIOTA) a near monopoly in the smart contracts market, and push its value to the moon.