Finance

Finance

Use Cases

AlphaNexT: Self-auditing autonomous trading system – Medium

Crypto Storage AG: IOTA Token Storage Infrastructure Solution – IF

Iberian: IOTA powered asset management computer – Homepage

Shelli.io: Accounting as a Service – Medium

IOTA Foundation Partners With Curv Custody – IF

Finance

The problem is familiar to anyone with a bank account and who is familiar with the concept of a cash book, which contains the records of every debit and credit. Each of us have spent our entire lives working with various financial institutions to protect these highly sensitive records and their accuracy without having the opportunity to verify the data. With the rise of cybercrime, this delegated and unverifiable trust has become a major obstacle to building a free economy.

The IF, using its distributed ledger technologies, is now able to distribute and synchronize data and cash books in secure, distributed, decentralized and permission-free environments. By eliminating the need for trusted third parties as controllers of the truth, enormous efficiency gains, innovation opportunities and new value chains are created.

Last Updated on 20. February 2021