What is IOTA Cryptocurrency and How Does It Work

IOTA is a ‘revolutionary new transactional settlement and data transfer layer for the Internet of Things (IoT)’.

IOTA is a new distributed ledger-based technology developed for the management of smart devices. With the continued expansion of IoT, there is a continued need for resource sharing and interoperability. IOTA helps smart devices communicate and settle transactions without fees.

Asked on September 14, 2018 in Cryptocurrency.
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