IOTA (MIOTA) is a new type of cryptocurrency built on a revolutionary Tangle technology. Unlike blockchain technology, Tangle doesn’t use blocks, which makes the network scalable without a limit and with feeless transactions.
IOTA is mostly used as a form of Machine-to-Machine payment for the Internet of Things. The coin was created by the IOTA Foundation, however, it’s decentralised. In the future, IOTA will also have similar functions as Ethereum, but on Tangle technology.
Thanks to a partnership with Bosch and Microsoft, IOTA has been described as one of the most profitable cryptocurrencies of 2017 and is predicted to reach a three-digit price within a year.[Read More…]
WHAT CAN YOU DO WITH IOTA?
- Machine-to-machine payments
- Smart contracts’ programming
- Peer-to-peer transactions