PH Cripto

IOTA, a criptomoeda that does not work with blockchain, but as a DLT network called "Tangle", surprised the market in the last 30 days and went from the 11th position by market capitalization and a price of US $ 0.36 to the 5th position with a value of $ 2.83 (at the time of writing), a high, in the last 30 days of 704%. At present, IOTA capitalization exceeds US $ 8.2 billion.

Recently, IOTA announced a "data market" along with major global companies such as Cisco, Fujitsu, Microsoft, Bosch, Volkswagen and more than 30 other world-class companies. The announcement by IOTA founder David Sostenbo not only impacted the crypto world, but also important news outlets such as the Reuters news agency and the New York Times.

According to Sostenbo, the data market will be the "new" world oil:

"IT IS NOT EASY TO PLACE PARALLELS BETWEEN THE TECTONIC CHANGE CAUSED BY THE IMPACT OF OIL AND ITS DERIVATIVES IN THE PAST CENTURY IN ORDER TO GIVE ORIGIN TO AN ECONOMIC COMBUSTION ENGINE WITH THE DATA THAT WILL BE THE CATALYST OF THE ECONOMIC ENGINE IN THE FUTURE. ALTHOUGH ALL OUR DIGITAL INTEGRATION TELLS US UNEQUIVELY THAT DATA ARE THE FUEL OF THE FUTURE, THERE IS AN IMPORTANT DISTINCTION, OTHER THAN PETROLEUM WHICH IS FINITE AND WHOSE PROPERTIES ARE KNOWN IN TERMS OF WHAT IT CAN PRODUCE (AND POLLUTE), THE DATA ARE, FOR ALL PRACTICAL, UNLIMITED PURPOSES. "