The Blockchain-less Token IOTA is Ready to Take on the World

The Blockchain-less Token IOTA is Ready to Take on the World

IOTA, the decentralised Internet of Things tokens, is now going into beta version. IOTA is a micro-transaction crypto-token that will facilitate the architecture involved with IoT. The IOTA protocol runs off of Tangle, which has similar functionality to a blockchain yet acts more like an emulated version, giving it more versatility. IOTA tokens will be available for testing by a limited number of users outside the company starting early February, said its co-founder David Sønstebø. David Sønstebø had earlier talked to CoinTelegraph in October 2015 after the release of IOTA. We catch up....


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IOTA: Internet of Things Without the Blockchain?

There are many interesting projects taking place in the world of digital currency right now. IOTA is a project that will serve as a decentralized token for the Internet of Things ecosystem, built on top of “Tangle,” rather than a blockchain. The project looks very interesting, as the Internet of Things is becoming more popular all over the world. But how will this mix of connected devices and micropayments work exactly? The IOTA project is designed to create a secure and decentralized financial ecosystem for the Internet of Things. As more and more devices will be able to communicate with....