IOTA company info

What does IOTA do?
IOTA (CRYPTO:IOTA) is a distributed ledger technology (DLT) platform that enables secure, fast, and feeless transactions of value and data between devices and applications. It is based on a unique Directed Acyclic Graph (DAG) architecture, which allows IOTA to scale to billions of transactions per second without the need for fees or miners. IOTA's operations are focused on developing and maintaining the IOTA protocol and ecosystem, and on promoting the adoption of IOTA by businesses and organizations around the world. The IOTA team is working on a number of projects, including developing new IOTA-based applications and tools, integrating IOTA with other DLT platforms and ecosystems, and building a community of IOTA users and developers. IOTA's objectives are to enable the Machine-to-Machine (M2M) economy and the Internet of Things (IoT) by providing a scalable, secure, and feeless DLT platform for transactions of value and data between devices and applications. The IOTA team believes that IOTA can play a major role in transforming the way we interact with the world around us.
Company Snapshot

How many people does IOTA employ?

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Employees
51-200

What is the market cap for IOTA?

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Market Cap
$749.39M

Where is the head office for IOTA?

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Head Office
Berlin, Germany

What year was IOTA founded?

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Year Founded
2015
What does IOTA specialise in?
/DAG /IoT /Medium of Exchange /Sharing Economy

What are the products and/or services of IOTA?

Overview of IOTA offerings
Community: IOTA has a large and active community of users and developers.
Decentralization: IOTA is a decentralized network, meaning that it is not controlled by any single entity.
Feeless transactions: IOTA transactions are feeless, meaning that users do not need to pay any fees to send or receive tokens.
Open source: IOTA is an open source project, meaning that anyone can contribute to its development.
Scalability: IOTA is designed to be scalable to billions of transactions per second, making it ideal for use in the M2M economy and the IoT.
Security: IOTA uses advanced cryptography to protect the security of its users' transactions.