IOTA (MIOTA) – 5G networks are coming: Time to stock up on IOTA

IoT is slowly emerging as a technological advancement that will shape human life in the 2020s and beyond.  Machines are getting smarter, and in a few years, AI will be integrated in most aspects of human life. This explains why there is a huge interest in IOTA (MIOTA), due to its potential to be at the center of this revolution. It is already gaining in adoption in the mobility industry, by companies like Volkswagen and Audi.

But this is really just the beginning. The true revolution will come with the implementation of 5G networks. 5G will enable for the roll out of IOTA (MIOTA) at scale, since it has unlimited bandwidth allowing for uninterrupted connectivity.  Through 5G, it will be possible for machines to communicate with each other at scale, in networks that could work seamlessly across cities. It is through the implementation of 5G that the use-case of IOTA will become clear for all to see.

The best part is that 5G networks will become a reality sooner than most people can imagine.  Several telecom companies in the United States have announced they will be launching 5G networks in 2019. And with IOTA (MIOTA) making in-roads in the U.S, with possible partnerships with companies like Tesla and Uber, the launch of 5G networks could mark a huge entry of IOTA (MIOTA) in this market, and that will be a massive boost to its value.

5G networks will also unlock the value of IOTA (MIOTA) in the development of smart cities. At the moment, several smart cities are testing out IOTA. One city that could open up IOTA (MIOTA) as a revolutionary technology is Pangyo smart city in South Korea. This model city is implementing 5G networks, and will have sensors everywhere guiding self-driving vehicles in a complex and highly interconnected web.

In Pangyo, self-driving cars will be in a position to coordinate with each other and move through traffic. Once completed, this city will open up the idea of using IoT technologies in 21st century urban planning to other cities all across the world. It will accelerate the deployment of 5G, and push up the adoption of IOTA (MIOTA) in urban redevelopment.

The fact that IOTA (MIOTA) is gaining in adoption even before 5G networks are rolled out at scale is a sign of good things to come. Once these networks are rolled out at scale, IOTA will benefit the most since it has a head start in this market. It’s without a doubt one of the best investments in crypto at the moment, as 5G networks begin to take shape in 2019.

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Simon Price

Simon has been active in the cryptosphere for over 7 years and is passionate about new technology. When he's not blogging and trading he can be found catching the surf on his local beach.