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There is no doubt that Ripple's XRP has attracted the attention of many. From the banks to Hodlers, the currency is a gold mine. However, the struggle for domination does not come only from its main competitor: Stellar Lumens (XLM). IOTA (MIOTA) is very much in the game of usurping Ripple (XRP) from its point. The poser is "which one of the coins will defend the cause of Distributed Ledger technology?"
IOTA (MIOTA) Cement his DLT roles
The second quarter of 2018 was very positive as many coins were in the green. The IOTA (MIOTA) came out of the market without incident. Now, it is moving towards the domain of the cryptographic sphere. The currency is really at the height of its DLT provisions and is already consolidating its results. Despite the rigid challenge coming from Ripple's DLT (XRP), IOTA (MIOTA) is moving forward to get more legal adoptions.
The team behind the coin with open arms welcomed Dr. Rolf Werner, the former head of Fujitsu's activities in Central Europe. Its entry into the IOTA (MIOTA) generates many commercial connections for the currency.
IOTA (MIOTA) goes beyond Machine-to-Machine communication
Despite its concentration on IoT, IOTA (MIOTA) is taking advantage of its DLT to create more cases of use. This time, the focus is on other industries that are prone to blockchain. For example, the currency team is reaching partnerships with key players in education, health and supply chain management. So it will not be just communication with the car, but more of the use of blockchain in the real world.
Ripple DLT (XRP) takes new forms
The biggest fan of Ripple (XRP), the SBI group has made another leap in improving the fortunes of the currency. In light of its research to facilitate cross-border payments, the group has launched the MoneyTap mobile application.
The compatible iOS and Android app that is available for three banks in Japan uses Ripple Distributed Ledger technology (XRP). This is a great way to drive more adoptions of the currency structure.
In addition, Ripple's fiat competitor (XRP), SWIFT believed that the coin's DLT was impressive. Despite the fact that the payment protocol (SWIFT) has declined further information on the prospects of Ripple's RPP, it is clear that the xRapid product of the currency is mocking other competitors in the cross-border remittance.
Bottom line
With the volatile nature of the cryptic sphere, the tides can turn against one of these coins. From the foregoing, Ripple's XRP has done waves. However, IOTA (MIOTA) is a force to be reckoned with.
Despite the fact that Ripple's cross-border remittance (XRP) is accelerating with adoptions, the IOTA (MIOTA) is working hard for money by presenting more cases of use. With fingers crossed, the cryptic community waits for a slip from any of their architectures – a slip that will crown one of them the leader in DLT.
