IOTA

    OverviewSuggest Edit

    IOTA is a cryptocurrency focused on providing secure communications and payments between machines on the Internet of Things. Using directed acyclic graph (DAG) technology instead of the traditional blockchain, the Company's transactions are free regardless of the size of the transaction, confirmation times are fast, the number of transactions the system can handle simultaneously is unlimited, and the system can easily scale.

    TypePrivate
    Founded2016
    HQBerlin, DE
    Websiteiota.org

    Latest Updates

    Employees (est.) (Oct 2019)14(-6%)

    Key People/Management at IOTA

    David Sønstebø

    David Sønstebø

    Co-Chairman of the Board of Directors & Founder
    Dominik Schiener

    Dominik Schiener

    Co-Chairman of the Board of Directors & Founder
    Ralf Rottmann

    Ralf Rottmann

    Member Board of Directors
    aka Come-from-Beyond Sergey Ivancheglo

    aka Come-from-Beyond Sergey Ivancheglo

    Member Board of Directors & Founder
    Serguei Popov

    Serguei Popov

    Member Board of Directors & Founder
    Richard Soley

    Richard Soley

    Chairman and Chief Executive Officer of OMG
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    IOTA Office Locations

    IOTA has an office in Berlin
    Show all (1)

    IOTA Financials and Metrics

    Summary Metrics

    Founding Date

    2016

    Cryptocurrency

    IOTA (MIOTA)
    Show all financial metrics

    IOTA Operating Metrics

    Jun, 2017Jul, 2017Aug, 2017Sep, 2017Oct, 2017Nov, 2017Dec, 2017Jan, 2018Feb, 2018Mar, 2018Apr, 2018

    Average Daily Transactions Volume

    $4.42 m$5.10 m$27.19 m$25.38 m$12.81 m$84.77 m$580.03 m$164.73 m$58.24 m$40.29 m$62.47 m

    GitHub Commits

    17 7 55 6 11 26 9 0

    Circulating Supply

    2.78 b2.78 b2.78 b2.78 b2.78 b

    Max Supply

    2.78 b2.78 b2.78 b2.78 b2.78 b
    Show all operating metrics

    IOTA Online and Social Media Presence

    Embed Graph

    IOTA News and Updates

    NNI & Iota Medtech to develop priority sorting system for head injury patients

    The National Neuroscience Institute (NNI), the national specialty centre for the management and care of neurological diseases in Singapore and Iota Medtech, a local medtech company specialising in AI and surgical robotics, signed a Memorandum of Understanding (MoU) to develop a system to sort brain …

    IOTA wants to ditch its most centralized component, but the timeline is still murky

    IOTA, a distributed ledger protocol for the Internet of Things, has released a new white paper detailing an upcoming software upgrade that promises to improve scalability and get rid of the network’s most centralized component – the Coordinator. The plan, more commonly known as the Coordicide, will …

    Moonday Mornings: Jaguar Land Rover plans to reward drivers with IOTA cryptocurrency, and more

    It’s Monday morning, you know the drill. But if you don’t, here’s a wrap-up of the weekend’s top cryptocurrency and blockchain headlines. 1. British carmaker Jaguar Land Rover announced that it’s testing software from IOTA which would allow it to reward its drivers for sharing data about their car j…

    Iota Communications, Inc. Announces Formation of Iota Spectrum Partners, LP

    NEW HOPE, Pa., March 7, 2019 /PRNewswire/ -- Iota Communications, Inc. (OTCQB: IOTC), a wireless network management and industrial automation company that provides Internet of Things solutions that optimize energy efficiency, sustainability and operations for commercial facilities, today...

    IOTA partners with Nova to launch seed fund for distributed ledger startups

    IOTA Foundation partners with startup studio Nova to create a seed fund that targets entrepreneurs working on distributed ledger technologies.

    IOTA says bulk of $11 million stolen tokens found, hacker worked alone

    A top official at technology group IOTA Foundation said most of the roughly $11 million in the company's cryptocurrency stolen from investor wallets has been found, but the funds are being held to be used as evidence by law enforcement authorities against the alleged perpetrator of the heist.
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    IOTA Blogs

    IOTA/+CityxChange, community Update

    Developers community update: IOTA & +CityxChangeOn 6 July 2018, the +CityxChange proposal was formally accepted by the European Commission to become a new smart city lighthouse project, under the EU Horizon 2020 “Smart Cities and Communities” topic. The project was awarded after a thorough revie…

    Dev status update — October, 2019

    Dev status update — October, 2019Published by the IOTA dev team every month, this update will provide you with news and updates about our key projects! Please click here if you want to see the last status update.BeeBee will be using Request for Comments (RFC), an approach devised by the Rust project…

    IOTA Newsletter #15 — Chronicle Permanode Solution, Industry Markerplace & Linux Collaboration

    IOTA Newsletter #15 — Chronicle Permanode Solution, Industry Marketplace & Linux CollaborationIntroducing Chronicle — A Permanode SolutionChronicle is the IOTA Foundation’s official permanode solution. It makes it easy for node owners to store all IOTA transactions in a fast, secure, scalable, a…

    Coordicide update — Autopeering: Part 1

    Coordicide update — Autopeering: Part 1The Autopeering ModuleA few months ago, we opened up the source code of GoShimmer, IOTA’s prototype and research tool to experiment and test the building blocks of Coordicide. We are thrilled to see such a big and productive engagement from the community and we…

    Welcome Virginie Pera to the IOTA Foundation

    Virginie Pera is joining IOTA as HR Administrator of the Human Resources team. In this role, she will be responsible for the administrative staff of the IOTA Foundation.Virginie Pera was born and grew up in Berlin. She started her professional career as an administrator of social insurance with the …

    How to get started with the IOTA Industry Marketplace: A Step-by-Step Guide

    How to get Started With the IOTA Industry Marketplace: A Step-by-Step GuideWe recently launched the Industry Marketplace: a vendor and industry-neutral platform developed by IOTA and world-leading innovators. This blog post is for anyone who wants to contribute to the Industry Marketplace by setting…
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    IOTA Frequently Asked Questions

    • When was IOTA founded?

      IOTA was founded in 2016.

    • Who are IOTA key executives?

      IOTA's key executives are David Sønstebø, Dominik Schiener and Ralf Rottmann.

    • How many employees does IOTA have?

      IOTA has 14 employees.

    • Who are IOTA competitors?

      Competitors of IOTA include MobileCoin, Litecoin and Ripple.

    • Where are IOTA offices?

      IOTA has an office in Berlin.

    • How many offices does IOTA have?

      IOTA has 1 office.