IOTA Detailed: The Tangle-Based Distributed Ledger for IoT

IOTA Detailed: The Tangle-Based Distributed Ledger for IoT

What Is IOTA? IOTA is a distributed ledger designed to facilitate transactions between devices in the Internet of Things (IoT) ecosystem. The ledger uses IOTA, a cryptocurrency, to account for transactions in its network. IOTA’s key innovation is Tangle, a system of nodes used for confirming transactions. Tangle is claimed to be faster and more…

IOTA Surges 43% After Ecosystem Foundation Registers in Abu Dhabi

IOTA Surges 43% After Ecosystem Foundation Registers in Abu Dhabi

The IOTA token has surged by 43% after the announcement of the registration of the IOTA Ecosystem DLT Foundation in Abu Dhabi, the capital of the United Arab Emirates. The foundation will be the first to be registered under the DLT Foundations Regulations, a regulatory framework set up by Abu Dhabi Global Market (ADGM), the…