Binance exchange has affirmed new trading pairs added to its exchange platform. They include Ripple and Binance Coin, TrueUSD and Tether, Stellar and Tether and lastly IOTA and USDT. The Binance users would be able to exchange the former coin with that of the later. It is reported that the value of Binance Coin surged by 8.27% post the declaration of new trading pairs.
The United Nations Office for Project Services (UNOPS) has entered into a Memorandum of Understanding (MoU) with the IOTA blockchain network. The association is aimed at embracing IOTA’s blockchain service for increasing the efficiency level in managing and tracking UN documents, supply chains and transactional payments in real-time. Seminars, workshops, and other development programs are to be held.
ElaadNL, smart charging project by the use of solar and wind energy, has associated with IOTA for processing distributed ledger technology supported electric vehicles charging station in the Netherlands. The features of the charging station include kWh-based charging, IOTA charging app and kWh measurement storage near the odometer of the car.
The Taipei City had partnered with IOTA to empower the use of blockchain technology. ‘TangleID cards’ will be the maiden project. The ID cards of citizens will be built on the Tangle Technology.
The IOTA Foundation had declared that the Chief Digital Officer (CDO) of Volkswagen, Johann Jungwirth will join the Supervisory Board. Jungwirth emphasized that the IOTA platform will entitle connected devices to transfer money to each other in the nature of micropayments through the use of IoT.