IOTA

IOTA provides the technology for anyone and anything to securly navigate a digitized world

Description:

IOTA, a revolutionary project in the realm of distributed ledgers, has made significant strides in redefining the underlying technology. With its innovative protocol, IOTA has achieved a remarkable feat by enabling secure transactions of both value and data without the burden of fees. At its core, IOTA leverages a unique approach called the Tangle, which diverges from the traditional blockchain architecture. Unlike conventional blockchain systems that rely on blocks and miners, IOTA’s Tangle operates as a decentralized directed acyclic graph (DAG). This novel structure provides several distinct advantages over blockchain-based solutions.

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Founder information:

David Sønstebø, Dominik Schiener, Serguei Popov

Founders

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