IOTA Ledger of Things.

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Presentation transcript:

IOTA Ledger of Things

Blockchain’s Limitations Scalability Storage Bandwidth Fees No Data Privacy Expensive Data Storage

What is IOTA? IOTA is the first scalable Blockchain that solves the issues of Scalability, Privacy and Fees. This means that IOTA enables billions of transactions to be sent without any transaction fees. Data Transfer You can even send encrypted Data and transact Offline. Money Transfer

How is IOTA different? Because we saw the problems of Blockchain, we invented a revolutionary new DLT architecture: the Tangle It is incredibly scalable, more secure and has stronger settlement finality guarantees. No miner centralization or Block Size debates.

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

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

No Fees Scalable Quantum Secure Data Integrity Lightweight Offline

vs Why IOTA instead of Blockchain? -No fees on transactions -Optimized for data integrity, including on-Tangle encryption -Very Scalable, with sub-minute transaction finality -Quantum-computer resistant -Resistant to centralization -High, fluctuating transaction fees -Expensive data storage, with no privacy -Not scalable, limited to block size and times -Miner centralization - Long transaction finality times vs

Scalability IOTA Tangle Scale Blockchain Usability

Go Offline Main Tangle Offline Tangle Cluster

USE CASES

Data Marketplace for Sensors IOTA makes it possible to sell data from any sensors, enabling new data-driven business models Farmers can be incentivized to setup weather stations or additional sensors Great AgriTech and InsurTech potential First public pilot operational within by May

Supply Chain Tracking / Audit Trail Banks Insurance Providers Customs / Ports Importers/Exporters Shipping Liners Other Blockchains 10110 00110 01011 Tamper-proof

Bandwidth on demand LimeSDR with Canonical LoRa access on Demand Pay per Byte that you send Network is able to scale dynamically

Use Case: Transactional Grid Unique Transactive Grid Approach with our Startup Holony Only IOTA has no Transaction fees, making transactive grids possible Combined with the possibility to sell sensor data (prosumers) Working Pilots by Q3 2017

Thank you! per.lind@farmorcloud.asia