If you already have XRP, pay attention to IOTA; they both meet the ISO 20022 standard and have significant connections within the QFS.
The relationship between XRP and IOTA under the ISO 20022 standard in the QFS system is rarely mentioned; it is overlooked despite the fact that they together provide foundational elements for the evolving Internet of Value (IoV).
Their combination lies in the ability to address various layers while being interconnected within the IoV:
1. Value Transfer (XRP): XRP ensures fast and secure cross-border money transfers for both individuals and organizations.
2. Machine-to-Machine Interoperability (IOTA): IOTA provides the infrastructure for machines to communicate and transact seamlessly, promoting automation within economic systems.
For example, imagine a future where an autonomous electric vehicle negotiates payment for charging at a station. IOTA could handle the microtransaction between the vehicle and the charging station, ensuring a smooth and automated payment process. Once the transaction is complete, XRP could be used for cross-border payments or between financial institutions, allowing the vehicle owner to use their preferred currency without delays or friction.
3. Elon’s advancements in robotics are the first sign for you to get involved with IOTA.
Robots + AI + IoT
Together, these technological developments will propel IOTA to a market capitalization of over 100 billion dollars in the blink of an eye.
IOTA and XRP can interact on the ISO 20022 compliant platform by leveraging IOTA's capability for free data transmission alongside XRP's efficient value payment ability, allowing for seamless data integration and payments.