IOTA is not a blockchain. IOTA is a scalable open source communication protocol with tokens (cryptocurrency) used for value transfers. It is developed and provided by the non-profit IOTA Foundation (foundation under German law) with headquarters in Berlin.
The goal of the IOTA Foundation is to create a Trust Layer for the Internet of Everything (IoE), which enables devices to exchange data and values immutable and free of charge. IOTA is working with the industry and the Object Management Group to standardize its communication protocol. With a high level of interoperability IOTA will be the “Ledger Of Everything”. Its infrastructure can also be used by external applications without permission.
General summary: Token economics, technology behind IOTA, future of IOTA, IOTA Products, application areas, partnerships
The goal of the IOTA Foundation is to provide a standardized communication protocol and thus a trust layer for the Internet of Everything (IoE), which allows the devices in the IoE to exchange immutable data and values with each other.
Description of the history of the IOTA Foundation, including the four founders, the approvement of the foundation under civil law and the seperation from two of its founders.
Short introduction to the team behind IOTA and the role of the IOTA Research Council.
Overview over today’s challenges in forming a better and more sustainable society and IOTA’s approach to overcome these challenges.
For widespread adoption becoming a standard is a key factor. Together with the Object Management Group IOTA is on track to become a standard protocol for M2M communication.
Storing, sharing and trading data is a key part of doing business in the connected world. By using IOTA Tangle, organizations and connected machines can have confidence in the security and privacy of the data they share.
Last Updated on 16. February 2021