IOTA Excels in Decentralized Identity, Faces Price Challenges

IOTA Excels in Decentralized Identity, Faces Price Challenges
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A recent academic study highlights IOTA’s superiority in decentralized identity solutions, outperforming Hyperledger Indy and eIDAS. Despite its technological advancements, IOTA’s price struggles amid market volatility. The report also identifies areas needing improvement for broader adoption.

  • IOTA's decentralized identity solution outperforms Hyperledger Indy and eIDAS in simplicity, resilience, and user control.
  • Despite technological advancements, IOTA's price has fallen 26.9% monthly, trading at $0.15 amid low developer activity.
  • Analysts remain bullish on IOTA's long-term potential, citing strong macro support and a possible rebound to $0.27.
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