A short, introductory presentation I've made for the hackers attending the 'Hack the Valley' hackathon. IOTA was one of the 3 DLTs made available to all the teams to develop their ideas on. More info about IOTA here: http://www.iotatoken.com More info about Hack the Valley here: https://hackthevalley.thomsonreuters.com

1. IOTA
Ledger of Things
Hack The Valley
Introduction

2. Sharing Economy 2.0
Anything with a chip in it can be leased Devices trade resources among each
other

3. Cloud, Fog and Mist
EDGECORE
● Real Time Processing
● Avoid network congestion
and signal collisions
● Incentive for
interoperability
● Data Integrity
● Cisco & IBM love the fog
Requirements

4. How do we
achieve this?

5. Blockchain
● Scalability
● Storage
● Bandwidth
● Fees (~ $0.03 per
hash*)
● No Data Privacy
● Expensive Data

6. The solution
Rethink from scratch
A revolutionary new
distributed ledger designed
for Machine-to-Machine
interactions.

7. IOTA at its Core
7
10110
00110
01011
Data Security
All data cryptographically
secured in a Tangle. This
data can be made visible to
certain parties.
Automation
IoT the entire supply-chain. All
data and interactions are fed
securely into the Blockchain
through the IOTA protocol.
< / >
Lightweight, non-Turing
complete Smart
Contracts will support
automation at IoT scale
M2M
payments
Machine to Machine
micropayments. This way
machines can pay each
other for certain services
and resources.
$

8. Blockchain without the
Blocks and the Chain.
What???
Tangle

9. Tangle
Read our Whitepaper: https://iotatoken.com/IOTA_Whitepaper.pdf

10. ● No Fees
● Scalable
● Quantum Secure
● Data Integrity
● Lightweight
● Partition Toleran

11. Protocol and Network
Statistics
◉ Genesis trx on 11.07.16
◉ 1.5 years of
development and
testing
◉ Community of 2000+
◉ More than 2.6m
transactions
◉ $60m+ of value transferred
◉ 100+ trx/s now
1000 trx/s in Feb 2017

12. Special
◉ Live Network Access
◉ Powerful functionality
◉ Micropayments with IOTA token
◉ Data Messaging/ Integrity on
Tangle
◉ IoT Hardware
iota.api.getNewAddress(seed [, options], callback)
sendTransfer(seed, depth, ... )
getTransfers(seed [, options], callback)
getAccountData(seed [, options], callback)
◉ Super Simple APIs