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About IOTA

IOTA is focused on being useful for the emerging machine-to-machine (m2m) economy of the Internet-of-Things (IoT), data integrity, micro-/nano- payments, and other applications where a scalable decentralized system is warranted.

IOTA Technical Details

  • Blockchain Own Blockchain
  • Consensus Not mineable
  • Hash Algorithm Kerl
  • Org. Structure Semi-centralized
  • Development Status Beta version
  • Open Source Yes
  • Hard Wallet Support Yes

IOTA Organization & Team

IOTA Foundation

Nonprofit Europe

The IOTA Foundation was established in Germany as a formal, non-profit organization (‘gemeinnützige Stiftung’) in 2017 by Dominik Schiener and David Sønstebø..

David Sønstebø
David Sønstebø

Co-Chairman of the Board of Directors & Co-Founder

Dominik Schiener
Dominik Schiener

Co-Chairman of the Board of Directors & Co-Founder

Serguei Popov
Serguei Popov

Member Board of Directors & Founder

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