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IOTA
Ledger of Things
Internet of Things
“50 billion connected
devices in 2020”
-Cisco
Cloud EVERYTHING
Problems of IoT
Single Source of Failure
Censorship
Smart Devices, Dumb Network
Zombies!!!!
Blockchain
“Why the Blockchain
Is the Biggest Thing
Since the Internet”
-NASDAQ
Blockchain
● Datasets shared amongst all
parties
● Every party can verify the
datasets of other participants in
the network
● Tampered datasets are
excluded
● An immutable single source of
truth is established
Distributed Ledger
Single Source of Truth
Shared Truth
Illustration from Bitwage.com
+ = ?
Blockchain’s Limitations
● Scalability
● Storage
● Bandwidth
● Fees
● No Data Privacy
● Expensive Data Storage
I o T Requirements
● Low Resource Consumption
● Widespread interoperability
● Billions of nano-transactions
● Data Integrity
The solution
Rethink from scratch
A revolutionary new
distributed ledger designed
for Machine-to-Machine
interactions.
Blockchain without the Blocks
and the Chain. What???
Tangle
Blockchain
● Limited to Block Size and
Time
● Not scalable
● Transaction Censorship
(fee thresholds)
● Centralization
● Consensus Decoupled
● 80% of miners from China
● ...
“Include my
transaction, here is
my fee”
Tangle
Tangle
● Bundles all transactions in a Directed Acyclic
Graph (DAG)
● Completely self-regulating, consensus no
longer decoupled
● Very Scalable. Low overhead Proof-of-Work to
prevent spam
CAP Theoreom
● Consistency
● Availability
● Partition-Tolerant
● No Fees
● Scalable
● Quantum Proof
● Modular
● Lightweight
● Offline
$0.01
- $0.01 + $0.01
Data Integrity
● Data is tamper-proof
● Enables automatic
processes
● Remove humans from
the equation
1001
0101
0011
1001
0101
0011
1001
0101
0011
1001
0101
0011
1001
0101
0011
1001
0101
0011
1001
0101
0011
1001
0101
0011
100101010011
1010001111010
1100100101111
0011010000011
11001111100110
0000001011101
0100111101010
Scale
Usability
Blockchain
IOTA
Tangle
Scalability
Go Offline
Offline Tangle Cluster
Main Tangle
If this then that
Smart Contracts
Turing Completeness
Security
Very Cheap
Scalable
Low Entry Barrier
(based on SQL)
OUR VISION
Economy of Things
Sharing Economy 2.0
Anything with a chip in it can be leased Devices trade resources among each other
CURRENT STAGE
Protocol and Network Statistics
- Official launch July 11th
- 1 year of development
and testing
- Community of 1000+
- More than 2m transactions
- $60m+ of value transferred
- More transactions per
second than any blockchain
IOTA Foundation
We are an open-source, non-profit Software
Foundation. Goal of the Foundation is it to
establish IOTA as a standard in the IoT stack.
USE CASES
Bandwidth on demand
Supply Chain Visibility
Banks
Insurance Providers
Customs
Importers/Exporters
Shipping Liners
Logistic Companies
10110
00110
01011
< / >
Smart-Grid
Other Use Cases
● Sensor Data selling & Data Marketplace
● On-demand API access
● Data Integrity (insurance, banking, etc.)
Join our Community
Website: https://iotatoken.com
Slack: https://slack.iotatoken.com
Github: https://github.com/iotatoken
IOTA DEVELOPER GRANTS
>$50,000
(soon to be announced)
QUESTIONS?
Email Us:
contact@iotatoken.com
Twitter:
@iotatoken

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IOTA - Ledger of Things