Introducing IOTA in Smart Charging

[@wajinshu]

Glad I invested on IOTA :D

[@winston3737]

wajinshu Why hello future millionaire ;)

[@CrazyFrank]

Not really, the market cap is currently 10 billion, the most it will probably ever go to is 1 trillion and that would take at least 20 years, if you really wanted to make big money this isn't the way.

[@unrealspetznaz]

you can see 20 years into the future... you. are. amazing.

[@Anusideral]

Enjoy your shitcoin.

[@yagoa]

Wow your knowledge seems to be deep on the subject Anusideral

[@jeonghyunboo9291]

I would love to add Korean subtitles to the video if it's okay. Will you please change the setting so that I can add them? Thanks.

[@RS8xGaming]

IOTA is Future.

[@schweizer93]

Yes.

[@diogovitorino2613]

Very interesting. IOTA future looks bright!

[@Xalion92]

Awesome video! It's really well done and I like that it points out that paying these kinds of smart micro-transactions (like "smart charging" in the video) with traditional bank accounts is not really appropiate.

[@fromtovine]

I am still a bit skeptic. there is way too big of a gap between now and the environment shown in the video. related the microtransactions, PayPal could send 0.01 of your currency, could apply PayPal on top of a clever management system to achieve the "automation". Also, with this environment, you still need to make sure you have currency in your car wallet to charge and vice versa, not so different with PayPal. And not to mention the infrastructure needed to power the concert from my car. Or what do you think?

[@vitamin_c1]

Very interesting video

[@maryamrahmani2032]

Distributed ledger Technology is transforming the way we live and is making the aspiration for a secure, efficient and ultra-connected world possible. IoTA is fantastic and helps with the adoption of the Smart Charging as well as Greener planet through efficiency.

[@petrhejtmanek7861]

Nice Idea !

[@josealvarez-vn5kt]

IOTA is the future, mass adoption, zero fees, tangle, infinite scalability, instant transactions, security against quantum computers, "Internet of things", unlimited uses, #IOTA

[@ZurdoFTW]

May the Tangle be with you.

[@fockerg6882]

How secure is the tangle? Is it as good as Nano coin?

[@devoskii456]

Who did the amazing animation?

[@Chris-hh3qb]

Thanks man, real nice to hear! :) It was a joint effort (chriskarthaus.nl & eelkedekker.nl)

[@Deltanova93]

Nice!

[@le-manu298]

Is that wireless or you still need a connection via cable to charge?

[@datacrypto]

Excellent video thanks :D

[@juri_juraj]

So cool! Go ELaad!

[@dennisrowan1704]

There are a few smart charging projects going on around the world right now. Most that I know of are aggregating content (load and kWh) and trading it onto the wholesale grid markets. This is the current BAU for managed EV load traded onto the electric grids. I would like to see a head to head comparison using IOTA's tech or another to see if there really is an economic efficiency gain. I have been driving electric for five years. One problem the cost of electricity is so low and going lower that does it really make sense to spend a lot of money accounting for these nano transactions? My EV already gets info on when renewable energy is abundant. This videos scenario of the EV giving energy to the house is a decade old. Willet Kempton established that a decade ago. Does Iota add anything to the party? Doubtful, not in the scenario described in the video. The round trip efficiency loss going from windmill to battery storage in the EV to the house and the re cycling wear and tear on the batteries doesn't make the V2G scenario financially attractive. V2G As an emergency or resiliency measure yes, as BAU for a smart grid no. As an added level of UPS to a critical facility, maybe. The tangle folks need to hook up with grid folks to learn the appropriate applications that do make grid sense. Granted this is a 'Pop' or 'hype' video not intended for critical analysis. As such it is just that. I see that they are looking for co developers in different sectors including smart grid partners so that is good.

[@bf4analyzed362]

Yeah well, problem is why IOTA and not the next best fancy currency? Until there is real solid use, it's all theoretical (I'm also invested in IOTA).

[@praetes]

Well...... like in 99% rest cryptos ;]

[@raghu7174]

BF4 Analyzed IOTA transactions are free and real time. Blockchain based coins have transaction fees and we have to wait till transactions are validated.

[@RonnelleTorres]

I got in IOTA at $3 and was only able to buy 40 IOTA. I am so sad :(

[@joaqim6097]

:(

[@savanluffy5223]

😂😂😂😂

[@william_8844]

Hang on there be patient, the day will come :) remember your post in 2028

[@raghu7174]

I've invested in IOTA. But I don't understand what's wrong with settling energy bills at the end of the month rather than on real time. Even if you have to do it real time, can't it be done through Fiat currency/banks? I don't clearly understand the vision they're trying to sell!

[@Will14670]

But how is the electricity transferred? through cables?

[@edism]

Though water obviously. Power currents of course.

[@Terry-404]

Inductive charging. Tesla coils. :)

[@amigo54321ifyuu]

I'm invested in this too but I see so many people on different forums and videos talking about how there's no transaction fees when really they have not done their homework! Iota transactions use more energy to complete than normal so what you don't pay in fees will just cost you extra on your energy bill. But I do still love this project!

[@iotafud7016]

This is complete bull, it takes about 1 million transactions to equal 1 cent worth of energy, IOTA is one of the lowest energy costing cryptos out there.

[@wlgrd7052]

Cost close to nothing? It costs _nothing_

[@levikok1810]

i think they mean the energy needed for the devices to validate the tangle

[@celsomartinho]

Stop pretending there are no costs at all doing PoW to validate your own transactions. Just because it's much cheaper and efficient, doesn't mean it has no costs at all, that's just dumb. This kind of misleading advocating doesn't help.

[@wlgrd7052]

Celso Martinho then you need to tell me the actual cost, because apparently I'm misinformed. I agree with electricity, but what digital thing doesn't cost computing power?

[@wlgrd7052]

Levi Kok agreed, should have thought of that :)

[@roviep]

Dag all day err day

[@gunthernakomotter4559]

one of the thousand "better bitcoins" without a market capitalization, acceptance or value.....

[@Pizzzamampf]

(5 years later) aaaand the Iota-magic is gone. No adoption, no product, price/chart/volume dead. So many announcements, blogposts, buzzwords, partnerships, "soon!"s which all was mainly empty hype-hot air. Now you can buy one after another batch of weird NFT's and "stake" valueless tokens of the non-existing "Assembly"- and "Shimmer"-protocols. Awesome, that´s surely what "IoT" and "Industry 4.0" have been waited for. :p

[@seanmcgaff]

Great video, but "costs close to nothing"...wrong wording here i believe you meant to say that it's FREEEEEEE

[@CrazyFrank]

Computing power? Internet connection? not quite free.

[@kosinale]

In tomorrow's world will all drive electric cars... When will that happen????

[@gunthernakomotter4559]

smart charging smart cities paid everything with smart contracts and smartphones, akon is the god of the smart universe and everythings smart except the human...

[@gunthernakomotter4559]

Im sorry to say but IOTA is all based on future hope and optimism without going even in this direction. its also not safe as a blockchain and not even close to real world functionality. please change my mind, im looking for reasonable arguments not to sell my 4000miotas, which lost 60% value since i got them... kinda weird isnt it? were going into future and losing value of this so called future payment....

[@labrandons]

most bitcoins lost a lot of their value after the Silk Road founder got arrested and site shut down. I remember clearly, it was around 300-400 a bitcoin then. I thought the value was essentially only because of Silk Road, and not that valuable anymore. Plus I was young and didn't have 300 to even think about while donating plasma. Now where do we see it.... not saying it's going to BTC values, but it hasn't even had a chance to fully be implemented. I mean, we are just now adding smart chargers to certain parts in major cities. Also, Internet of Things hasn't taken off for non tech crowd. As data from providers like facebook, google, become harder to get, IOT or IOTA data will be valued. If you have 1,000 or so bucks in this, leave it be. You'll make 1,000 elsewhere and some other time. Further, would encourage to diversify some between different IOT tokens/currency to lessen risk of just having one crypto in that sector.

[@gunthernakomotter4559]

@@labrandons you are probably right, I'm not selling but it goes like 1 step ahead and 2 back... I hope it blows of but not sure if the tangle is a thing while the blockchain is on the rise

[@labrandons]

@@gunthernakomotter4559 to help you deal with it mentally, I started using Waze in 2010 on my phone. Uber/Lyft in 2013/2014. There are certain people still today, that this year JUST FOUND OUT about Waze. If you bought one share of Apple stock in 2010, say at $245, held it through the split, got 7 shares and still held it, you'd have about 3,000. I know cryptos are much different, but tech people often forget how much they are ahead of the crowd. I mean, Chromecasting since 2014, streaming since 2010, and look at what Roku stock did last year once moms and dads found out about it.

[@TheCombatPillow]

So let me get this straight, Iota is going to handle an exponential amount of calculations and data transactions but it could not handle the smallest pump in transaction growth due to the market this December? Lol, no thanks

[@DestinyAwaitsChannel]

Source for your claims? Oh wait you don't know anything about anything and you're a salty blockchain investor afraid that his market will be shaken by new technologies.

[@darkoignjatovic6154]

Because everyone used the same nodes. It's fixed with Nelson.

[@silvesteinrmartin]

0x2a42e717e5a1be4dd4c1f6131dd69bcdf8c13f61 -- All donations to this crowdfunding Etherium address to help the needy through the Christmas season. This could put smiles on peoples faces. We are purchasing basic goods that many need from toothpaste and toothbrushes, shower gel, socks, shoes and many other things people in need do not always have, not to mention food and water. Greatly appreciated! Every penny counts greatly.

[@boost3d831]

You do realise that the problem was network congestion right? Too many people running through the same default nodes. Automatic peer detection resolves this (rolling out already) so as more users and nodes come online the speed will increase dramatically

[@dropdabomb404]

hahaahha