The renowned Japanese tech giant Fujitsu is set to work with IOTA to make it the new protocol standard. The title of the initiative is Industry 4.0 and Fujitsu is going to use the IOTA protocol as a data store within the supply chain and production industry. The project manager of industry 4.0 at Fujitsu, Sternberg, said:
“We intend to develop and create innovative tech along with customers. Product quality is essential to success in every industry and especially in the manufacturing industry. The products we assemble will consist of components in hundreds and their production will be based on complex processes. IOTA will provide a single source of trust for audit trails during industrial production and within the supply chain.”
IOTA (MIOTA) Price Today – MIOTA / USD
Speaking on the benefits of working with IOTA, Sternberg said:
“Fujitsu is a capable of rolling our IOTA as the new protocol standard. We are experts in manufacturing IT products and providing IT services.”
Recently, IOTA released the Trinity wallet in a beta version. It was released months after alpha testing. It is one of the most recent developments on the platform.
IOTA (MIOTA) Price Analysis
The price of IOTA has moved above the $0.5 level ones again. There is a lot of positive momentum in the price action. IOTA isn’t the only cryptocurrency enjoying positivity. Other cryptocurrencies are also doing well in the market for now. While the reason behind the rise in price isn’t clear, it’s a welcome development for the industry.
Bitcoin, the leading cryptocurrency, is trading in green. So, all the altcoins linked to Bitcoin have the opportunity to trade in green while it lasts. IOTA (MIOTA) has experienced solid gains within the past few hours of today’s trading. The break above $0.5 was impressive. It indicates a 1.5% rise against the USD and 1.65% against Bitcoin. The next few trading sessions will determine if the price action of IOTA will change or not.