IOTA announced the launch of IOTA Lab in collaboration with Akita just this week. MIOTA is currently the 9th largest cryptocurrency in the market according to market capitalization.

The community behind the cryptocurrency have awaited this news for over a month can now rejoice. The tea unveiled the Qubic project for the first time on May 3rd.

And now on June 3rd they have finally announced the official launch of the project in a tweet. The Qubic platform will be the most significant contribution to the IOTA stack, it will enable unlimited new use cases and turn the IOTA Project into a full solution.

Information and details are beginning to be unveiled right now at #Qubic IOTA (MIOTA) has provided clarity on their enigmatic ‘Qubic’ project after months of speculation on the subject. Qubic will be used to facilitate smart contracts, oracles, and outsourced computation.

And though it’s still nascent, it will prove to be an asset for the virtual currency company in the future. The company behind the famous cryptocurrency describes it as “the most significant contribution to the IOTA stack” thus far. Read more from…

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