IOTA is a strong altcoin in the stable of cryptocurrency. It aims to be used as part of the push towards an Internet of Things (IoT), which aims to see smart devices communicating with one another through data collection in order to make systems run better. Harnessing this technology and its multi-faceted uses would increase the IOTA price. IOTA want a push on scalability and to make transactions easier, especially ensuring that transactions are free, which could give cryptocurrency the advantage over other methods of payment which require fees. IOTA is certainly making waves in the industry, especially with its recent partnership with Japanese IT giant Fujitsu. This trust signal from the well-known brand will also likely boost the price of IOTA and show its applications in the world of cryptocurrency goliaths such as Ripple (XRP), Bitcoin (BTC) and Ethereum (ETH). The IOTA price chart shows that the move will likely improve the price of IOTA and a higher IOTA price means greater market share within the cryptocurrency sector.
Storing funds on an external offline wallet instead of online or on an exchange is inherently safer and provides a greater range of options for those attempting to begin investing in cryptocurrency. Due to the strides already being made by IOTA, seeing it partner with one of the strongest names in digital wallets shows that their commitment to being a force of cryptocurrency is strong, too.
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source: https://theindependentrepublic.com/2018/11/22/iota-price-boost-through-ledger-wallet-compatibility/
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