One of the biggest industries that IOTA (MIOTA) will disrupt is the mobility industry. It’s one of the industries where machine-to-machine communication will affect industry dynamics in the near future. The partnerships that IOTA has gained in this industry are testament to its impact on mobility in the future.
IOTA is taking things a notch higher in a bid to strengthen ties with the mobility industry. They are now bringing in key personnel from this industry, so as to add to the knowledge base of the industry. One such new signing is Janine Hartel. Janine has been an employee of the Volkswagen group, and will be joining IOTA as a project manager.
Janine has expressed her happiness with this new role and firmly believes in the integration of IoT in automobiles, not just for driverless cars, but other uses as well, including harnessing data for other value added services. Besides, the tech, Janine also brings a wealth of networks to IOTA, networks that will hasten the adoption of IOTA in the automobile industry. Simply put, IOTA is now firmly intertwined with this industry, since it is also working on mobility research with Audi.
For investors this errands a great future for IOTA (MIOTA) not just in mobility, but in other industries as well. That’s because if the integration of IOTA into mobility comes out successful, then it will be an incentive for other industries to follow suit. Decentralized ledger technologies are a relatively new phenomenon, and most industry heads are either unsure of how integrate them, and how they stand to benefit.
In fact research by top companies like PWC and Delloite shows that there is a huge amount of optimism amongst executives about DLT, but adoption is still low. Therefore, if IOTA (MIOTA) opens up the mobility industry to new frontiers that were never thought possible, the buzz it will generate will create a ripple effect that will see other industries move to adopt it. It has always been the case with most new technologies. They start with a few industries before gaining adoption across industries.
So what are the chances of IOTA (MIOTA) becoming a success in transforming the mobility industry? Well, the chances are quite high especially in terms of squeezing value out of what was in the past, ‘just a mobility tool’. Vehicles could in the future become tools for collecting data that can help manufacturers’ tailor-make vehicles fit for specific demographics, hence driving up demand.
Secondary industries like the ride-sharing industry could also benefit from IOTA in terms of cutting costs of human drivers, as well as creating more efficient payment channels for their customers. These are successes that will put IOTA on the map, and draw in multiple industries looking for similar benefits. This will serve to propel IOTA (MIOTA) further up, in terms of its valuation in the market.