2018-8-27 17:00 |
IOTA is a crypto coin, established in 2015 and designed for the Internet of Things (IOT). There are many examples of IOT on the market, with the most common being the Amazon Echo. IOT differs from Bitcoin and Ethereum by using Tangle instead of Blockchain and doesn’t face any scalability issues due to its high transaction speeds which increase as the number of IOTA users increases.
The Future
The industry surrounding the IOT is expected to grow hugely in years to come due to technology advancements and a growing desire for internet connected devices.
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