The IOTA Lab LaunchThe IOTA Lab was developed alongside AKITA, which is a blockchain-based startup. If you've never heard of AKITA before, it is a startup that focuses primarily on making DLT more tangible. AKITA also wants to integrate DLT into everyday life. AKITA confirmed the launch, tweeting the news to its followers. IOTA retweeted the message. https://twitter.com/AkitaBlock/status/1003492066918203393
What is the IOTA Lab?So, the IOTA Lab has launched, with the help of AKITA, but what is it? What does it do? What's the purpose? All good questions. Details are a bit restricted, but there are some things that we know for certain. Based on AKITA's tweet, the IOTA Lab will be an "open community blueprint project." We also know that aside from the IOTA Lab, AKITA is working on IOTA's "Tangle."
Are IOTA and AKITA a Good Pair?Mentioned briefly, AKITA is working on "Tangle" with IOTA, which means these two platforms trust each other enough to work on more than one venture with each other at a time. Further, AKITA has already created a number of IOTA based proof of concepts (POCs). Here are a few examples:
- Raspberry Pi
- Weather Station
- SmartWatch Pulse Sensor data
IOTA Price News | June 6, 2018So, the news about the IOTA Lab is out in the world. Has that had a positive effect on the price of MIOTA? The answer is no, but that might just be more because the entire crypto market is struggling at the moment. >>Is CNBC's Fast Money Trying to Manipulate Bitcoin Cash Price? IOTA (MIOTA) is currently selling for $1.68. This puts MIOTA down 4.10% in the past twenty-four hours.