Crypto Coin Overview
IOTA (IOT)
N/A (Tangle)
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Daily Volume 2 134,27 Hour trend -0.05 Daily Trend 1.07 Week Trend 1.23
IOTA Summary information
Ticker Coin Name Price, $ Coin Turnover 24H Market Cap, Available supply Total supply
IOT IOTA 0.3170160868 ~25 111 998,45 881 155 813,00 2,779,530,283 (100%) 2,779,530,283

Project Description

IOTA is an open-source distributed ledger protocol that goes 'beyond blockchain' through its core invention of the blockless ‘Tangle’. The IOTA Tangle is a quantum-proof Directed Acyclic Graph, with no fees on transactions & no fixed limit on how many transactions can be confirmed per second in the network. Instead, throughput grows in conjunction with activity in the network; the more activity, the faster the network. Unlike blockchain architecture, IOTA has no separation between users and validators; rather, validation is an intrinsic property of using the ledger, thus avoiding centralization. IOTA is initially focused on serving as the backbone of the emerging Internet-of-Things (IoT). For a more in depth look at the technical design of IOTA read their https://iota.org/IOTA_Whitepaper.pdf. 

Project Features

Micro transactions

For the first time ever true micro and even nano-transactions are enabled due to the unique IOTA Tangle architecture, providing developers with a brand new set of tools for their applications in both IoT and Web. This nurtures brand new business opportunities for companies that prohibitive fees has kept in the realm of the impossible until now.

Data transfer

Core feature of IOTA is the ability to transfer data through the Tangle. IOTA gives you several options to do so, making it possible to establish secure and authenticated communication channels between devices. All data which is transferred through IOTA is fully authenticated and tamper-proof - making attacks impossible.

Voting

Although IOTA is uniquely suited for the Internet-of-Things, the Tangle enables a variety of different use cases that involve secure data transmission, especially for eGovernance. An important part of this sector is e-Voting. The exploration into this field of use-cases has already begun by several companies and academics.

Masked messaging

As the first extensible module of the IOTA core, MAM enables nodes to exchange data through the Tangle, fully authenticated and encrypted. This means that your devices can transmit valuable and sensitive data with quantum-proof security through the Tangle, ready to be analyzed later. MAM makes it possible to share data with multiple parties easily, similar to a radio, multiple parties can simply tune in on your frequency and get the broadcast data.

 Leasing anything with a Chip

While the whole world has adopted the ‘Sharing Economy’ in areas like driving and accommodation, IOTA enables a whole new realm where anything with a chip in it can be leased in real time. Most of our belongings stay idle for the vast majority of time that we possess ownership of it, but through IOTA a lot of these things like Appliances, Tools, Drones, eBikes etc. and resources such as computer storage, computational power, WiFi bandwidth etc. can be turned into leasing-services effortlessly.

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IOTA Latest Updates
January 18, 2019

Trinity Update: Jan 18th

This is the first of resurrected regular updates from the Trinity team. Every two weeks, we will be posting a brief overview of the team’s recent focus, together with any ideas and longer-term plans surrounding the project.Here’s a refresh on where we currently stand. Trinity was released to...

From: IOT

January 17, 2019

Who’s In Who’s Out: a Rate Control Algorithm for the Tangle

Rate control in distributed ledgersIn most networks, there are circumstances where the incoming traffic load is larger than what the network can handle. If nothing is done to restrict the entrance of traffic, bottlenecks can slow down the entire network. Additionally, the buffer space at some...

From: IOT

January 11, 2019

IRI 1.6.0 with local snapshots out now!

We know you have all been waiting for this for quite some time. Finally we have finished implementing local snapshots, a feature that allows you to run your node without storing the full transaction history. This means faster synchronization, lower system resource requirements, and no more...

From: IOT

January 10, 2019

Untangled Episode #3: New Industrial Business Models

Untangled enters 2019 with a look on New Industrial Business Models and how distributed ledger technologies are part of shaping these in the fourth industrial revolution, Industry 4.0.We are speaking to Simon Jegelka, Managing Director in the German flood protection start-up, topocare, and to...

From: IOT

January 09, 2019

IOTA Newsletter #6 — Year in Review, Innovation Contest Winners, IoT Standardisation & New Hash…

Recent NewsThe Perfect Brainstorm: Contest Winners 10 winners were selected from more than 200 submissions. Check them all out here. Read more…[email protected] and the IOTA Foundation Announce Partnership to Standardize Internet of Things Payments and Data Transmission New partnership with [email protected] to...

From: IOT

IOTA Foundation Partners with Crypto Storage AG to Offer the First Institutional-Grade IOTA Token…

Crypto Storage AG provides the first professional IOTA crypto token storage infrastructure solution worldwide. IOTA has set itself apart from blockchain developments with the creation of the Tangle. The Tangle is a permissionless, no-fee distributed ledger, designed as the basis of a global...

From: IOT

January 08, 2019

IBCS Group Uses IOTA Tangle Technology for Track and Trace Supply Chain Solution

IOTA Powers System for Enhanced Asset Management and Visibility Across the Supply Chain(BERLIN, GERMANY — January 8, 2019) The IOTA Foundation, a non-profit foundation focused on distributed ledger technology (DLT) and permissionless ecosystem development, announced today that its open...

From: IOT

January 04, 2019

The structure of the Tangle — Number of approvers

In this blog, we talk about the number of direct approvers a tip can receive. In the Tangle, each transaction approves exactly two tips. While this implies that the average number of direct approvers is equal to two, the actual number of approvers can vary significantly between transactions....

From: IOT

January 03, 2019

Qubic status update January 3rd 2019

Happy New Year everyone! And welcome to the revamped Qubic team!December saw a restructuring of our development processes with the introduction of Omega team. After a little bit of initial upheaval everyone quickly decided on a personal focus point and started with renewed energy.With the...

From: IOT

January 02, 2019

The Perfect Brainstorm: Contest Winners

With over 210 ideas submitted by our community, the Perfect Brainstorm was a great success, beyond everyone’s expectations. The ideas presented by the community varied greatly, from tamperproof 3D printing, to improving air traffic efficiency through micropayments, to new ways of living in...

From: IOT

January 01, 2019

Year in review, year in preview

Year inreview2018 kicked off in the midst of a crypto craze reminiscent of the dotCom one almost 2 decades ago; the grand promise and vast potential of distributed ledger technology had finally started to reach the mainstream and everyone wanted in. During such bull-fear-of-missing-out periods,...

From: IOT

December 27, 2018

Untangled Episode #2: Exploring eHealth

After a warm welcome of Untangled two weeks ago, we are ready to release the next episode of the podcast to keep you enlightened during the Holidays. And, make sure you enter the new year fit and healthy.In the second episode of Untangled we are examining the current challenges residing in the...

From: IOT

December 20, 2018

The challenges facing today’s supply chains

A large part of today’s trade is still based on paper documents and antiquated processes that slow down international trade and have a significant impact on the economy. Trucks and containers standing idle (and thus increasing CO2 emissions and pollution), cash flow tied up in goods at ports...

From: IOT

IOTA and CYBERCRYPT Announce New Lightweight Trinary Cryptographic Hash Function

Introducing the Troika Hash Function Developed by Expert Cryptographers; €200,000 Cryptanalytic Competition Invites Cryptanalysts Worldwide to Evaluate ItBERLIN, GERMANY — December 20, 2018 IOTA Foundation, a non-profit foundation focused on distributed ledger technology (DLT) and...

From: IOT

December 17, 2018

Mixing Time in The Tangle

When my 8 year old twin nieces asked me what I do at my new job, I told them a story: “Imagine you meet a person who is traveling through the whole world. If he told you he started traveling an hour ago, you’d guess he started in the same city you are in. If, however, he started a day ago,...

From: IOT

December 14, 2018

Audi Denkwerkstatt & IOTA: Shaping the future of mobility

Berlin, December 14th, during the hot Berlin summer this year, a team from the Audi Denkwerkstatt started a four month innovation sprint to explore the opportunities of using IOTA technology to solve real world problems in the area of mobility, IoT and automotive....

From: IOT

December 13, 2018

Introducing Untangled — the IOTA Podcast

We are happy and excited to announce the release of our new podcast, Untangled.The podcast will be released every other week and explore the many different use cases of the Tangle in the real world in a tangible way for real people. Through interviews with community members, developers, experts,...

From: IOT

IOTA Newsletter #5 — Coordinator, IOTA Research Council, Brainstorm Contest & Car App Development

Recent NewsIntroducing the IOTA Research Council The IOTA Foundation announces the formation of a research council to provide invaluable inputs to the research strategy and will consist of distinguished academics within their expertise areas.IOTA Contest: The Perfect Brainstorm Wishing to have...

From: IOT

December 11, 2018

Welcome Julia Schulz to the IOTA Foundation

Julia Schulz joins the IOTA Foundation as Assistant to the Board. She lives in Berlin, Germany. Julia holds a Bachelor of Arts and has worked at the Swedish energy company Vattenfall for the past 9 years.Starting her career as a team assistant for the Editorial Service, she soon progressed to a...

From: IOT

Introducing the Omega Team

The Alpha team will continue to improve our current systems aimed at the internet. This work includes the majority of current projects, including IRI, entangled, Trinity, libs, MAM and the coordicide project.The Omega team will look towards the longer term — as the name suggests, to the...

From: IOT

December 10, 2018

The Third Cohort of IOTA Ecosystem Development Fund Grantees

“Open Source Software (OSS) is by far the most exciting lever + trend for major structural change in technology over the past decade and little has been written about how this works from a data-driven lens: several $X00B+ to $1T+ industries are getting disrupted by OSS (enabled fundamentally...

From: IOT

Welcome Janna Zielinski to the IOTA Foundation

Janna Zielinski joins The IOTA Foundation as Head of Strategic Projects, responsible for internal and external Business Model Innovation, and long-term collaboration models. She will support our collaborators in identifying market opportunities and business models, focusing on the adoption of...

From: IOT

Welcome Mariana De La Roche Wills to the IOTA Foundation

Mariana De La Roche Wills is a Colombian human rights lawyer and entrepreneur. She holds a Law degree from the Rosario University and a specialization in Human Rights and Humanitarian Law from the Externado University. She graduated with a diploma of academic excellence. Since the beginning of...

From: IOT

December 05, 2018

[email protected] and the IOTA Foundation Announce Partnership to Standardize Internet of Things Payments and…

New Partnership Will Drive Faster, More Efficient Communication and Payments Between IoT Devices(BERLIN, GERMANY — December 5, 2018) — IOTA Foundation, a non-profit foundation focused on distributed ledger technology (DLT) and permissionless ecosystem development, today announced a...

From: IOT

December 03, 2018

Qubic status update December 3rd 2018

Wow, there went November already. Time sure flies when you’re having fun.We continued to work on the Qubic Dispatcher. At the moment we’re working on the system boundary entities that allow us to interface with the Tangle (receive/send). We’re also working on the Dispatcher plug-in system...

From: IOT

October 03, 2018

Welcome Cara Harbor to the IOTA Foundation

Cara Harbor joins The IOTA Foundation as the new Head of Communication. In this role, she will be instrumental in developing The IOTA Foundation’s external and internal communication strategy. She will also lead the charge in ensuring IOTA Foundation news and relevant information is...

From: David Sønstebø

Qubic status update October 3rd 2018

September was all about testing the Qubic programming language Abra and creating its initial support library, which is written in Abra of course. While creating the support library, the need arose to be able to verify all kinds of ideas. This resulted in a parallel trajectory where a simple Abra...

From: Eric Hop

October 01, 2018

One seed to sow your key(s)

IOTA tokens are stored in private, pseudo-anonymous virtual ‘wallets’. Each wallet is identified and protected by a unique access key known as a ‘seed’. Although we call them wallets, they do not actually store the tokens. Think of them as keychains that give you access to the tokens you...

From: Koen Maris

Validity in the Tangle: The good, the bad, and the ugly

This article discusses how we can assess the validity of a transaction in a distributed ledger, and the particular issues we face in the case of the Tangle.To begin with, let’s look at blockchain data structures. In a blockchain, before users attach a new block to the end of a chain they will...

From: Clara Shikhelman

September 21, 2018

Welcome Florian Doebler to the IOTA Foundation

Florian Doebler is an Economist and Entrepreneur with a focus on behavioral science and international development. He joins the IOTA Foundation as Social Impact & Donor Relations Coordinator at our headquarters in Berlin. During his studies in Munich and Vienna his academic interest centered...

From: David Sønstebø

September 14, 2018

Resource Tests in Qubic

Special thanks to Paul Handy, Serguei Popov, Navin RamachandranThe Qubic Team at IOTA (Samuel Reid, Paul Handy, Eric Hop, Donald Kelly, CFB) has been developing the concept of Quorum-Based Computations (QBCs) on the IOTA Tangle. The Qubic Protocol intends to establish a global decentralized...

From: Samuel Reid

September 06, 2018

Node configuration for Trinity wallet support

Following the beta release of Trinity Desktop, we have received multiple reports of nodes being incompatible with Trinity Desktop, despite working well with Trinity Mobile.This blog post explains the differences between the mobile and desktop platforms which lead to this issue. We then outline...

From: Rihards Grāvis

ENGIE Lab CRIGEN and the IOTA Foundation to drive DLT innovation in the smart energy ecosystem

Oslo, Norway, July 2018 — ENGIE Lab CRIGEN and The IOTA Foundation (IOTA) signed a Memorandum of Understanding to cooperate in experimentation with the IOTA Tangle in the Energy and related IoT domains.ENGIE Lab CRIGEN is the corporate research center of the ENGIE Group, a global energy...

From: Wilfried Pimenta

September 05, 2018

Welcome Mark Nixon to the IOTA Foundation

Mark Nixon joins IOTA to head up the Smart City Program. He brings a wealth of experience gained across the TMT sector having held senior commercial and operational roles for 3Com, Verizon, Nokia, O2 and most recently Huawei where he led the Business Consulting Practice in MENA.Mark started his...

From: David Sønstebø

September 03, 2018

Qubic status update September 3rd 2018

August was all about cleaning up details on the Qubic programming language Abra. We finalized many details associated with the syntax of the language and began understanding user experience implementation aspects of the project. The results are promising and cemented our belief that we should be...

From: Eric Hop

Modelling New Business Models with IOTA

People often ask me what Blockchain or Distributed Ledger Technology is. As a technical analyst, it is part of my job to explain it to them. However some technologies are extremely difficult to explain in a simple fashion.DLT or Distributed Ledger Technology is one of those cases. Even for...

From: Jan Pauseback

September 02, 2018

Welcome Michele Nati to the IOTA Foundation

Michele Nati, PhD has 15 years of experience in the fields of data and IoT, working on research and development and recently on innovation in a number of roles, from Academia to SMEs to government organisations. During his career he pioneered and touched all the technologies and aspects that...

From: David Sønstebø

September 01, 2018

Coming Up: Local Snapshots

A development status updateOver the last few months, the IOTA network has seen a significant increase in activity as more and more developers start to implement solutions based on the Tangle. While this is a very promising development, reflecting the increasing adoption of IOTA, it also results...

From: Hans Moog

August 31, 2018

Welcome Sam Chen to the IOTA Foundation

陳志誠 (Sam Chen) is a software engineer based in Taiwan, with experience in embedded systems, the Android framework, and software integration. He holds a Bachelor of Science with specialization in computer science and studied electronic engineering in industrial high school.Sam has helped...

From: David Sønstebø

August 30, 2018

Welcome Marwen Trabelsi to the IOTA Foundation

Marwen Trabelsi is a software engineer with experience in multi-threading and concurrency in Linux systems. Marwen graduated from the High Institute of Computer Science (Institut supérieur d’Informatique), in Tunis. He was curious about Bitcoin and distributed systems (such as the BitTorrent...

From: David Sønstebø

August 29, 2018

Economics in Cryptoland

Two forms of money are familiar: token- and ledger-based. The former consists of coins and bills. Possession of the tokens amounts to their ownership. The history of their possession is irrelevant to their current status. Ideally the tokens are scarce, verifiable, durable, portable, unforgeable,...

From: Gur Huberman

Welcome Brord van Wierst to the IOTA Foundation

Brord van Wierst is a full stack programmer with a focus on creating complex programming infrastructure and server-side data management. He graduated only 2 years ago with a Bachelors in Computer Science from the Hogeschool Arnhem Nijmegen, in the Netherlands.Since a young age, Brord has shown...

From: David Sønstebø

August 28, 2018

Welcome Janine Härtel to the IOTA Foundation

Janine Härtel joins the Mobility & Automotive adoption team as a senior project manager. Since she was a young girl, Janine has driven every car she could get her hands on, old or new, no matter which brand or model. She also loves to watch Formula 1 and DTM.Over the last years Janine...

From: David Sønstebø

Welcome Hans Moog to the IOTA Foundation

Hans Moog is a tech enthusiast, hacker and entrepreneur, with 24 years of experience in software development. He studied computer science at the Ludwig-Maximilians-University Munich with a focus on cloud computing, IT security and artificial intelligence. He started his first company at the age...

From: David Sønstebø

August 25, 2018

Trinity Desktop Beta Release

The IOTA Foundation is proud to announce the public beta release of the Trinity Desktop wallet app.The Trinity Mobile wallet was released to a warm reception earlier this year, addressing many of the usability issues of the standard GUI wallet. Since that time the team has continually iterated...

From: Navin Ramachandran

August 17, 2018

Welcome Casper Eicke Frederiksen to the IOTA Foundation

Casper Eicke Frederiksen is a journalist and communications consultant who initially started writing about politics, social issues, culture and sports, but throughout the years moved on to welfare technology, robotic / digital impact on the labour market, machine learning and AI.Casper studied...

From: David Sønstebø

Beta version of our new JavaScript library, IOTA.JS out now

We have been hard at work for the past couple of months, making some significant changes to the JavaScript library. The goal was to make the library easier to maintain and make the codebase more developer-friendly. So that not only us, but anyone from our community can easily make changes and...

From: Jakub Cech

August 16, 2018

Welcome Rihards Gravis to the IOTA Foundation

Rihards Gravis is the lead developer of the Trinity desktop wallet and long standing member of the IOTA community. After graduating from The Vidzeme University of Applied Sciences he has been gaining development-related experience over the past 10 years. He started as a front-end developer and...

From: David Sønstebø

August 15, 2018

The First Cohort of Ecosystem Development Fund Grantees

While it took many months (many more than we would have hoped) to establish the legal framework and internal governance model for the IOTA Ecosystem Development Fund (EDF), we are very pleased to put these tasks behind us and finally begin putting these community donated resources towards their...

From: John D. Licciardello

The many faces of the Tangle

A look at different Tangle behaviorThe Tangle is a complex mathematical object. It has a random structure defined by a separate random agent: the random walk. This makes its study challenging, but also very interesting. In order to systematically study the Tangle and its associated problems, we...

From: Darcy Camargo