IOTA — Issue #16

Welcome to IOTA — Issue #16. If you haven’t done so already, join my free discord community where we talk about crypto, nft’s, the metaverse and blockchain tech

What Is IOTA?

IOTA is a distributed ledger ecosystem that was designed to record transactions between machines and devices, also known as the Internet of Things. It is estimated that the global market size for Internet of Things devices is 308.97 billion USD.

What Is The Use Case For Iota?

This is a special project because of the increasing importance of IoT devices in the world economy. IoT devices like smart watches, smart phones, and smart security systems are becoming more popular. With this increasing popularity, the world will need new ways to secure these devices, hence, why IOTA is so important. Additionally, the rise of smart cities will give technologies like IOTA additional utility.

Thank you for reading and happy investing :)

Benjamin Saint