IOTA partners

Sergey Ivancheglo, Serguei Popov, David Sønstebø, and Dominik Schiener, who joined later, together co-founded IOTA. The project was announced in October 2015 through a post announcing a token sale in an online bitcoin forum. 2 The roots of IOTA go back to the Jinn project .

IOTA does not use the traditional blockchain design used by most cryptocurrencies . Instead, it has developed a new platform called Tangle, which uses a mathematical concept known as Directed Acyclic Graphs (DAG).

The two best IOTA wallets on the market currently are the Ledger Hardware Wallet and the Trinity Software Wallet . A hardware wallet is a physical device you will use to store your crypto.

While most projects have since collapsed, IOTA continues to go from strength-to-strength and has announced a series of partnerships with giants like Dell and Jaguar Land Rover . One partnership that both companies have in common is Bosch.