Joint IOTA proposal, selected by Gaia-X

• IOTA was selected by the GAIA X consortium, which aims to introduce a European data infrastructure of the next generation for the continent and beyond.
• The development follows the successful registration of the IOTA Foundation in Germany, one of the toughest jurisdictions in the world.

IOTA has celebrated a number of important developments in the past few days that will increase its popularity. The latest development is the joint proposal of the project, which of gaia-x . The GAIA X consortium has set itself the goal of introducing an open digital ecosystem with a focus on cloud computing, data infrastructure, digital sovereignty and domain services. Although the information about the partnership is still rare, it is clear that the new company GAIA-X IOTA will make it accessible to a wider market, whereby the consortium focuses on European companies and companies to offer the next generation technology in Europe and beyond

We are pleased that a joint project proposal was selected by #Gaiax Consortium, the European vision of a federated and safe cloud infrastructure.

Further information will be published as soon as all documents are finished. https://t.co/1wpt3fddme #jota https://t.co/hn5dw10yhl pic.twitter.com/t5nzpfsah

- IOTA (@IOTA) 30. June 2021

Blockchain technology will be the key to developing a secure and decentralized data infrastructure. By joining the consortium, Iota will work with large companies and institutions, including Software AG, a German software company with over 10,000 corporate customers in over 70 countries.

connected : Design the future of the IoT: an exclusive interview with IOTA co-founder Dominik Schiener

The recent announcement follows another important development in which the team announced that it is now registered in Germany. The European country is one of the hardest jurisdiction in the world and registration is considered confirmation of the project plans and "health". In addition, the project (Audit) of the Federal Government is now subjected to the project.

the #jota Foundation Registered worldwide - Germany.

Why? Our partners can rely on working with a company that is complete #Red Noopener noreferrer "Target =" _ blank "href =" https://twitter.com/hashtag/accountable?src=hash&ref_src=twsrc%5etfw ">#Responsible and regularly #checked from the German government.

Visit: https://t.co/ldhxvf58tc pic.twitter.com/nau4pBty2s

- IOTA (@IOTA) 29. June 2021

Registration also brings Iota to the map and welcomes important Germans and the other European partners who are more confident because they know that the project meets the regulatory requirements.

IOTA price update

IOTAS NATENVER TOKEN MIOTA has been recorded by the wider market trend in the last 24 hours. At the time of publication, the token wiped out more than 6 percent to fall back into the support of USD 0.81. Despite the decline, the digital asset is adhering to its weekly profits.

With an all-time high of just under $ 6 about 4 years ago, investors still expect that prices will complete a complete turnaround in the coming months in order to recover the drop in price of more than 80 percent.