Date of Review: 18/11/17
Name: IOTA (MIOTA)
Number of coins: 2,779,530,283,277,761
Current capitalization: $ 2,217,862,260
Start date: 21/10/15
Current price: 0.8 $ / 0.0001 BTC
Current block height: no
Creator: David Sonstebo, Sergey Ivancheglo, Dominik Schiener, Dr.Sc. Serguei Popov.
History: After the creation of the product, beta tests were held for several months. Simultaneously, direct auctions of crypto currency (pre-sale) were conducted within 11 months. In 2017, Iota created a 10 million fund to support its own projects in the ecosystem. Then we entered into a bitfinex stock exchange. At the moment, the crypto-currency is in the top 10 by its capitalization. Some sources say that the tangle technology that underlies IOTA is being developed since 2011 as an alternative to conventional blockchain.
Tech conglomerate Cisco Systems has proposed a blockchain system to track Internet of Things (IoT) devices.
In an application released by the U.S. Patent and Trademark Office on Thursday, the technology giant outlined a blockchain platform that can identify different connected devices, monitor their activity and evaluate how trustworthy the device is when connected to a network.