IOTA might introduce e-currency

President of the Crypto Valley Association says that IOTA is in talks with central banks about introducing e-currency
02 December 2017   4316

Oliver Bussmann, a President of the Crypto Valley Association, Global Ambassador for UK-based Innovate Finance and Strategic Advisor of IOTA Foundation, has participated in Q&A Session while make an introduction to and the IOTA Evangelist Network on December 2.

The serioussness of the IOTA model is the scalability, the simple set-up and the cost in doing business and they are in serious discussion with central banks to introduce some e-currency or cryptocurrency for central banks and it shows for me that they are being handled and percieved as one of the leading technology providers.

Oliver Bussmann
President, Crypto Valley Association

During the Question and Answer session Oliver Bussmann claimed that IOTA is currently discussing the introduction of e-currency with central banks.

The members of IOTA community believe that if that actually happens, the price of IOTA might seriously skyrocket. users comments towards IOTA users comments towards possible IOTA introduction of e-currency

At the moment of press, these are main market parameters of IOTA:

  • Average price: $1.38
  • Marketcap: $3 829 664 619
  • 24h volume: $132 089 000

PoWaaS For IOTA Wallets to be Released

A free solution called is designed for wallets and applications
27 August 2018   1498

The development team introduced a new PoWaaS client (PoW-as-a-service) for fast transactions IOTA network tranactions.

A free solution called is designed for wallets and applications, and also works in conjunction with a hardware accelerator for mining devices with weak computing power Pidiver.

Fast and efficient PoWaaS (PoW-as-a-service) for your IOTA wallet, MAM-stream or any IOTA usecase requiring fast transaction turnout. Don't overheat your CPU/GPU by doing IOTA PoW locally, instead use our solution to access consistently fast hashing power. Perfect for low-power IoT devices, mobile and desktop solutions.

Get more info at GitHub.