IOTA: A Blockchain-less *GASP* Token for The Internet of Things

By October 29, 2015Bitcoin Business

In today’s digital age, there are many people on the quest towards the Internet of things (IoT). Now, a new micro-transaction crypto-token called IOTA looks to facilitate the architecture involved with IoT. However, while IOTA is a "decentralized cryptocurrency" it operates a little differently than those powered by blockchains.

The IOTA protocol runs off of Tangle , which has similar functionality to a blockchain yet acts more like an emulated version giving it more versatility. […]

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