iota economyAs the internet-of-things keeps expanding, the need for interoberability and sharing of resources becomes a necessity. IOTA enables companies to explore new business-2-business models by making every technological resource a potential service to be traded on an open market in real time, with no fees. In the new autonomous Machine Economy IOTA will be the backbone. The Tangle Ledger is able to settle transactions with zero fees so devices can trade exact amounts of resources on-demand, as well as store data from senors and dataloggers securely and verified on the ledger. The main innovation behind IOTA is the Tangle, a revolutionary new blockless distributed ledger which is scalable, lightweight and for the first time ever makes it possible to transfer value without any fees.

Learn more about IOTA

Name IOTA
Symbol / Tag MIOTA
Genesis Block Created Monday, August 10, 2014
Hashing Algorithm N/A
Validation System Tangle
Block Time N/A
Total Coins to be Issued 2,779,530,283
Source Code Github
Website https://iota.org
Forum https://forum.iota.org
Downloads Linux, Mac, Windows

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To get started with IOTA you first need to download a wallet for your particular device and operating system. An IOTA wallet stores your private keys and enables you to send and receive IOTA. Please visit our guide where we explain the best practices you can implement to help keep your holdings secure. You can choose between desktop, mobile, web or hardware wallets designed for a variety of operating systems below:

iota wallet
Using the IOTA wallet you can generate public addresses, send and receive IOTA tokens with full QR code support as well as access your transaction history.

The easiest way to buy IOTA is through a cryptocurrency exchange. There exist a variety of exchanges where you can trade IOTA for Bitcoin or other cryptocurrencies. Below you’ll find exchanges currently trading IOTA:

bitfinex logo
Bitfinex is the world’s largest and most advanced bitcoin trading platform. We also boast a suite of order types to help traders take advantage of every situation.

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