IOTA

IOTA

MIOTA
$0.306300
-0.71%
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  • Market Cap
    $851,370,126
  • 24h Vol (Global)
    ฿1,960 ($10,338,363)
  • Circulating Supply
    2,779,530,283
  • Issue Date
    2017-07-23
  • Issue Price
    $0.000400
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Max SupplyCirculating SupplyIssue DateIssue PriceConsensus ProtocolExplorer
2,779,530,2832,779,530,2832017-07-23$0.000400-1
thetangle.org
2
iotasear.ch
Total SupplyCryptographic AlgorithmSource CodeWhite PaperWebsiteType
2,779,530,283DAGhttps://github.com/iotaledgerhttps://www.iota.org/COIN

IOTA is an open-source distributed ledger protocol that goes 'beyond blockchain' through its core invention of the blockless ‘Tangle’. The IOTA Tangle is a quantum-proof Directed Acyclic Graph, with no fees on transactions & no fixed limit on how many transactions can be confirmed per second in the network. Instead, throughput grows in conjunction with activity in the network; the more activity, the faster the network. Unlike blockchain architecture, IOTA has no separation between users and validators; rather, validation is an intrinsic property of using the ledger, thus avoiding centralization. IOTA is initially focused on serving as the backbone of the emerging Internet-of-Things (IoT).

Teams
    David Sonstebo

    David Sonstebo

    CO-CHAIRMAN OF THE BOARD OF DIRECTORS & FOUNDER

    David is a serial entrepreneur with a passion for any kind of technology that can push human progress forward.

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    Dominik Schiener

    Dominik Schiener

    CO-CHAIRMAN OF THE BOARD OF DIRECTORS & FOUNDER

    Dominik is an entrepreneur from Italy, with a passion to drive change in society and business.

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    Sergey Ivancheglo

    Sergey Ivancheglo

    MEMBER BOARD OF DIRECTORS & FOUNDER

    He holds a Bachelor of Science with specialization in electronics and artificial intelligence. He has been working as a software engineer for more than 20 years, and since 2011 he has been primarily focused on Distributed Ledger Technology. Since childhood, he has been interested in the development of computer games, which later transformed into an interest in Massively Multiplayer Online Games and Virtual / Augmented Reality.

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    Ralf Rottmann

    Ralf Rottmann

    MEMBER BOARD OF DIRECTORS

    Ralf is a serial entrepreneur who sold his last company to Alcatel-Lucent and is the co-founder of grandcentrix, Germany's leading SI for end-to-end Internet of Things productions.

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    Serguei Popov

    Serguei Popov

    MEMBER BOARD OF DIRECTORS & FOUNDER

    Professor of Mathematics with focus in Probability Theory. Also a mountain climber, chess enthusiast and heavy metal lover.

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    John Licciardello

    John Licciardello

    MANAGING DIRECTOR, ECOSYSTEM DEVELOPMENT FUND

    John spent many years working in FinTech and holds degrees in Engineering, Economics, and Finance. The convergence of these fields in DLTs makes for an ideal home. He spearheaded the integration of the technology with over 2,000 points of sale across Mexico, and played a leading role in closing a $10 million Series-A financing round.

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    Janine Härtel

    Janine Härtel

    SENIOR PRODUCT MANAGER

    Janine has worked in several strategic automotive projects with a strong focus on new business models in MaaS applications and OTA services. Janine studied communication engineering with a major in mechanical engineering at the Research University RWTH located in Aachen. Janine started her career in a spin off company from The Institute for Industrial Management (FIR) at RWTH Aachen, in the field of production engineering.

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    Rihards Gravis

    Rihards Gravis

    SOFTWARE ENGINEER

    Rihards Gravis is the lead developer of the Trinity desktop wallet and long standing member of the IOTA community. After graduating from The Vidzeme University of Applied Sciences he has been gaining development-related experience over the past 10 years. He started as a front-end developer and recently led the technical team of an award winning digital agency. For the past three years he was the technical co-founder of a web design communication platform.

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    Sabri Goldberg

    Sabri Goldberg

    CREATIVE DIRECTOR

    Sabri is a well-known passionated graphic designer / illustrator in the altcoin scene, who has been interested in cryptocurrency since the early days. During his Communication Design studies at HTGW Konstanz, he deployed his first online store.

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    Paulo Finardi

    Paulo Finardi

    RESEARCH SCIENTIST

    Paulo Finardi is a Computer Science student at the University of Campinas. His focus is on the game theory applied on topological structures of type Directed Acyclic Graph (DAG). The main goal of his research is develop a new tip selection algorithm based on theory of the Nash equilibrium strategies. Prior he was at University of Campinas — where completed a M.Sc. in Applied Mathematics on numerical analysis to find path plans in heterogeneous domains.

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    Chris Dukakis

    Chris Dukakis

    SOFTWARE ENGINEER

    Chris Dukakis is a software engineer with experience in a variety of web technologies. His constant preoccupation with software development started at a young age, almost a decade ago. He is primarily focused on exploring and building decentralized systems, being conscious about security and online privacy.

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    Paul Douglas

    Paul Douglas

    SENIOR SOFTWARE ENGINEER

    Paul Handy is deeply interested in the science of things, he has been involved in a number of interesting projects ranging from industrial equipment and scientific instruments to microfluidic stereolithography to learning systems, control systems, and more. He holds a Bachelor’s of Science degree in Electrical Engineering. Paul is passionate about electronics, physics, mathematics, cryptography, and peer-to-peer networks.

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    Vassil Dimitrov

    Vassil Dimitrov

    SENIOR RESEARCH SCIENTIST

    Professor Vassil Dimitrov holds a PhD degree in Applied Mathematics from the Mathematical Institute of the Bulgarian Academy of Sciences in 1995. At the moment he is a Full Professor at the Department of Computer Engineering, University of Calgary, Canada. His research interests include implementation of encryption algorithms, discrete mathematics, image processing, digital watermarking and related topics.

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    Sam Chen

    Sam Chen

    SENIOR SOFTWARE ENGINEER

    Sam Chen is a software engineer based in Taiwan, with experience in embedded systems, the Android framework, and software integration. He holds a Bachelor of Science with specialization in computer science and studied electronic engineering in industrial high school. Sam has helped IC design companies to develop smart-TVs, set-top boxes and media players and has been dedicated to software architecture and performance analysis for 10 years.

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    Aaron Alsop

    Aaron Alsop

    PRODUCT OWNER

    Aaron Alsop lives in Vancouver, BC Canada and has been in the technology sector for over seventeen years. He has worked as a web developer, system administrator, project manager, and senior leader in Fortune 50 organizations. Previous to the IOTA Foundation, Aaron was the co-founder and CTO of Finaeo Inc. — a company focused on building technology for Financial Advisors.

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    Wilfried Pimenta de Miranda

    Wilfried Pimenta de Miranda

    DIRECTOR OF BUSINESS DEVELOPMENT

    Will is a senior strategist, business model innovator & business development manager. He brings international experience from startups and incumbents across various industries. Wilfried graduated from INSEAD with a Global Executive MBA in 2013 spent in France, Singapore and Abu Dhabi. Back in 2001, he finalized an international double Msc engineering degree from Ecole Centrale de Lyon, France and NTNU, Norway.

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    Julie Maupin

    Julie Maupin

    DIRECTOR OF SOCIAL IMPACT & PUBLIC REGULATORY AFFAIRS

    Julie is a world-leading expert on the regulatory implications and public sector use cases of DLTs, cryptocurrencies, smart contracts, artificial intelligence and IoT technologies. Expert in international economic law (investment, trade, financial and monetary law), experimental governance, cross-border regulatory cooperation, and global economic governance regimes.

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    Alisa Maas

    Alisa Maas

    HEAD OF MOBILITY & AUTOMOTIVE

    Since early 2010, Alisa has been active in the fields of mobility, IoT and fleet management, gaining extensive topic expertise on digital business models and product development. In her role as Senior Product and Marketing Manager at Daimler FleetBoard GmbH, she successfully led several projects and product launches focused on Internet-of-Things and telematics-based services.

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    Jens Munch Lund-Nielsen

    Jens Munch Lund-Nielsen

    HEAD OF GLOBAL TRADE & SUPPLY CHAINS

    He has graduated in civil engineering and a master in Philosophy and holds an MBA from INSEAD. For the last 8 years he has taken up different roles within A.P. Moller - Maersk including launching a new e-trade platform for Africa, forged a partnership with a large bank to develop financial trade services with focus on emerging markets, co-founder of a public-private partnership with focus on trade facilitation including five governments, the ICC and the World Economic Forum.

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    Holger Köther

    Holger Köther

    DIRECTOR OF PARTNERSHIPS

    Holger has driven projects & IT services at multinational corporates over the last 15 years. At the IF he manages the interfaces between the foundation, partners and integrators. Holger has extensive know-how in project-, program- and people management and has managed Atos-owned software products and global IT services to improve monitoring, application performance and business service management.

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    Edward Greve

    Edward Greve

    DIRECTOR OF ENGINEERING

    Edward Greve has been a software developer for a number of years, most recently at WillowTree Apps in North Carolina, where he worked on cutting edge digital products for nationally and internationally recognizable brands, such as CBC and National Geographic. His area of expertise is in full-stack web development, and he understands how to work with business partners to develop advanced cloud-based systems that support applications with a world-class user experience.

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    Alon Gal

    Alon Gal

    DIRECTOR OF RESEARCH

    Alon Gal is a physicist, developer, and entrepreneur. He obtained his MSc in physics via the AtoSIM Erasmus Mundus program, in the University of Amsterdam, La Sapienza University in Rome, and the ENS in Lyon, focusing on solving molecular-scale physics problems using numerical methods.

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    Lewis Freiberg

    Lewis Freiberg

    DIRECTOR OF ECOSYSTEM

    Lewis has worked in the commercial software industry for the last 8 years. He has been in the DLT space since 2013 and believes in the transformative nature of the technology.

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    Daniela Faustino

    Daniela Faustino

    DIRECTOR OF HUMAN RESOURCES

    Daniela is a passionate international business executive with a focus on building teams and organisational capacity. A proven track record as senior leadership team member in crafting a strategic vision, driving growth and implementing cost optimized programs across multiple geographies. She is driven to deliver business success & developing human potential.

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    Alon Elmaliah

    Alon Elmaliah

    STAFF RESEARCH ENGINEER

    Alon is an Experienced Hardware Engineer and Programmer with a demonstrated history of working in the semiconductors industry. Skilled in Python, Matlab, Computer Science, C++, and Test Automation. Strong engineering professional with a Engineer's degree focused in Computer Engineering from Tel Aviv University.

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Introduction

IOTA is an open-source distributed ledger protocol that goes 'beyond blockchain' through its core invention of the blockless ‘Tangle’. The IOTA Tangle is a quantum-proof Directed Acyclic Graph, with no fees on transactions & no fixed limit on how many transactions can be confirmed per second in the network. Instead, throughput grows in conjunction with activity in the network; the more activity, the faster the network. Unlike blockchain architecture, IOTA has no separation between users and validators; rather, validation is an intrinsic property of using the ledger, thus avoiding centralization. IOTA is initially focused on serving as the backbone of the emerging Internet-of-Things (IoT).

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