Accelerating the Industrial Internet of Things
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IOTA

Redefining Trust, Value and Ownership
Germany
2017
Private
< $10m
51 - 200

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.

It is the first open-source distributed ledger that is being built to power the future of the Internet of Things with feeless microtransactions and data integrity for machines.

They are the market leader for IoT in the Blockchain space ranking top 10 on Coinmarketcap and a valuation of over 2 Billion USD.

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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.

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DNB ASA, Volkswagen, BOSCH, Ubuntu Canonical, Microsoft Azure BaaS, APG|SGA, International Transportation Innovation Center (ITIC), DIF, ElaadNL, Innogy

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Hardware
Software
Providing the infrastructure to store and manage data.
Services
Number of Case Studies1
The Mathematical Functions of IOTA
The Mathematical Functions of IOTA
The rise and success of Bitcoin during the last six years proved that blockchain technology has real-world value. However, this technology also has a number of drawbacks that prevent it from being used as a generic platform for cryptocurrencies across the globe. One notable drawback is the concept of a transaction fee for transactions of any value. The importance of micropayments will increase in the rapidly developing IoT industry, and paying a fee that is larger than the amount of value being transferred is not logical. Furthermore, it is not easy to get rid of fees in the blockchain infrastructure since they serve as an incentive for the creators of blocks.
Number of News Items124
5 Household Brands Actually Innovating with Blockchain
Crowdfund Insider - 15 Jul, 2019
Referenced Companies: Microsoft, IOTA, Arm, ThroughPut
Keywords: Blockchain, Sensors, Smart Devices
X-ray specs: Signal whizz JMA Wireless claims to have solved indoor 5G, everyone
The Register - 12 Jul, 2019
Referenced Companies: Intel, Spectrum XLI, IOTA, Intel Inside
Iota Communications, Inc. (OTC: IOTC): Addressing multi-billion opportunities in IoT wireless networks & “Smart Building” SaaS applications
Google News Canada - 08 Jul, 2019
Referenced Companies: Spectrum XLI, IOTA
Number of Similar Suppliers8
SigFox
SigFox
SIGFOX is the provider of dedicated cellular connectivity for the Internet of Things and Machine-to-Machine communications. The company’s network complements existing high-bandwidth systems by providing economical, energy-efficient two-way transmission of small quantities of data, thus lowering barriers to wide implementation of IoT and M2M solutions, and greatly extending the battery and service life of connected devices. SIGFOX‘s global network is deployed through the SIGFOX Network Operator? partnership program, with more than four hundred thousand square miles already covered. The company is headquartered in Labège, France, and has offices in Mountain View, Calif., and Madrid, Spain.
Microscan
Microscan
Microscan is a global leader in technology for precision data acquisition and control solutions serving a wide range of automation and OEM applications.Founded in 1982, Microscan has a strong history of technology innovation which includes the invention of the first laser diode barcode scanner and the 2D symbology, Data Matrix. Today, Microscan remains a technology leader in automatic identification and machine vision with extensive solutions for ID tracking, traceability and inspection.Microscan focuses on technologies of automatic identification (auto ID), machine vision, and illumination with application solutions ranging from basic barcode reading up to complex machine vision inspection, gauging, and measurement. Our solutions help manufacturers around the world drive down cost and waste, automate critical manufacturing processes, and increase yields.
Freudenberg IT (FIT)
Freudenberg IT (FIT)
Global, full-service IT provider for small and medium-sized industrial enterprises. Their portfolio of services covers all facets of the modern SAP landscape. From a variety of outsourcing offerings to system optimization, even system operating services, they have it all. And that includes top-notch process and SAP consulting. As a Value Added Reseller of SAP, they can also offer our customers SAP software licenses and associated software maintenance.
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