IOTA is a non profit organization that is building a distributed ledger technology called the Tangle. The Tangle is intended to be a new age distributed ledger technology (DLT) that will take less time to run than a traditional IoT blockchain. First and foremost, this will prolong precious end point sensor battery life. Additionally, Tangle is optimized for those IoT devices that do not possess massive computing power. The solution is also designed to transmit and process messages. The article below provides a good primer on the Tangle, and offers additional insights into what IOTA and their partner, the Eclipse Foundation are planning for the platform.
Blockchain and other distributed ledger technologies (DLTs) may be interesting ways to track and assure the validity of information as it’s passed between entities or systems, and it has been weighed as a possible data exchange medium for devices and systems within the Internet of Things. But current blockchains and DLTs may have too much overhead for supporting millions of small-footprint devices.
That’s the reasoning for the launch of a new approach, called the “Tangle,” intended to weave devices, sensors and systems into a distributed, yet accountable network. To build and evangelize this new DLT for the IoT, the Eclipse Foundation and IOTA Foundation recently jointly launched the Tangle EE Working Group, based on the IOTA distributed ledger protocol.
