IOTARedefining Trust, Value and Ownership
IOTA is a revolutionary new, next generation public distributed ledger company based in Germany that utilizes a novel invention, called a “Tangle” which allows them to integrate DLT solutions to IoT technology much more feasible.
They are the market leader for IoT in the Blockchain space ranking top 10 on Coinmarketcap and a valuation of over 2 Billion USD.
The IOTA Cryptocurrency is specificaly made for Machine-2-Machine (M2M) transactions. The main purpose of IOTA is to serve the machine economy by enabling feeless M2M (Machine-to-Machine) payments.
Because it is an open-source, decentralized Cryptocurrency, engineered specifically for Internet of Things, IOTA's Cryptocurrency (which is also called IOTA) brings the following advantages to M2M IoT technology:
-Allows for real-time transactons, even when offline.
-Allows for micro-transactions as it is feeless
-It is indefinetely scalable and can bear the big volume of data and transactions being transferred between different machines.
DNB ASA, Volkswagen, BOSCH, Ubuntu Canonical, Microsoft Azure BaaS, APG|SGA, International Transportation Innovation Center (ITIC), DIF, ElaadNL, Innogy
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