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.) (Sept 2020)11
    Cybersecurity ratingAMore

    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
    Berlin, DE (HQ)
    Straßburger Str. 55
    Berlin, DE
    Stresemannstraße 123
    Show all (2)

    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 Cybersecurity Score

    Cybersecurity ratingPremium dataset

    A

    91/100

    SecurityScorecard logo

    IOTA Online and Social Media Presence

    Embed Graph

    IOTA News and Updates

    IOTA Founder Personally Refunding Hack Losses to ‘Safeguard’ Project’s Remaining Reserves

    Using his personal holdings will help protect the IOTA Foundation's 12-month runway, according to David Sonstebo.

    IOTA Fixes ‘Minor’ Network Bug Following 15-Hour Mainnet Downtime

    The IOTA Foundation said it has resolved a software bug that prevented transactions from confirming on the IOTA network for 15 hours.

    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…
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    IOTA Blogs

    Chrysalis (IOTA 1.5) Phase 1 Now Live on Mainnet

    IOTA 1.5The first phase of IOTA 1.5 (also known as Chrysalis) — the mainnet’s intermediate stage before Coordicide — is complete. You can read more about the strategy for releasing Chrysalis here.The Chrysalis Phase 1 components have been deployed on the IOTA mainnet today. This is a major milestone…

    IOTA Announces Coordicide Grant for Security Analysis, a new collaboration with the SPRITZ…

    IOTA Announces Coordicide Grant for Security Analysis, a new collaboration with SPRITZ Research Group at University of Padua We are thrilled to announce our latest Coordicide grant! The new collaboration, with one of the leading Security and Privacy Research Groups in Europe, aims at providing an in…

    Dev Status Update — August, 2020

    Dev Status Update — August, 2020Published 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.The research department is also releasing a monthly update that you might want to see.IOT…

    Pollen Testnet v0.2.3 Release Notes

    We are releasing a new minor version of our Pollen Testnet: v0.2.3. This update includes: Fixed synchronization issue due to a bug preventing to request missing messages more than once Fixed node’s dashboard explorer crashing or not properly visualizing the payload of a given message Improved Grafan…

    IOTA Newsletter #23 — Pollen Testnet v0.2.2, Stronghold, Chronicle & more

    IOTA Newsletter #23 — Pollen Testnet v0.2.2, Stronghold, Chronicle & morePollen Testnet v0.2.2 Release NotesAs we mentioned in our first blog post on the release of Pollen, the first IOTA 2.0 Testnet, our goal is to publish more consistent updates in order to iterate as fast as possible. Below p…

    IOTA Research Status Update August 2020

    The past month has been very productive for our team, as we move toward a full, formal specification of IOTA 2.0. Our team has been hard at work across the board, both on wrapping up current tasks, as well as beginning to plan for our post-specification research. Below are the updates from several o…
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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 11 employees.

    • Who are IOTA competitors?

      Competitors of IOTA include MobileCoin, Litecoin and Ripple.

    • Where is IOTA headquarters?

      IOTA headquarters is located at Straßburger Str. 55, Berlin.

    • Where are IOTA offices?

      IOTA has an office in Berlin.

    • How many offices does IOTA have?

      IOTA has 2 offices.