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Description

IOTA has revolutionized the concept of distributed ledger technology by facilitating secure transactions of both data and value without incurring any fees. Its Tangle framework is an open, feeless, and highly scalable distributed ledger that enables seamless transfer of data and value. As the pioneering distributed ledger tailored for the "Internet of Everything," IOTA creates a network for efficient exchanges between humans and machines. Unlike traditional systems, there are no blocks or miners involved; instead, when a transaction is initiated on IOTA, it necessitates the validation of two previous transactions. This innovative approach allows IOTA to effectively address the cost and scalability challenges typically associated with blockchain technology. Specifically designed for the Internet of Things, the IOTA network ensures tamper-proof data integrity, facilitates feeless microtransactions, and has minimal resource requirements. In the realm of healthcare, electronic health (eHealth) data plays a crucial role, and IOTA enhances the security of this data while paving the way for new healthcare delivery models. With the robust technology provided by IOTA, eHealth data becomes not only secure but also reliable, thanks to the immutable nature of the Tangle, ultimately benefiting both patients and healthcare providers alike.

Description

The public blockchain generates its value through the contributions of its community members, tackling genuine economic challenges in the real world. With the introduction of BlockRef and Expiration transaction fields, users gain the ability to define when a transaction should be executed or deemed expired if it remains unconfirmed in a block. Additionally, the system supports various transaction fee delegation models, such as Multi-party Payment and Designated Gas Payer, which facilitate a seamless freemium approach for decentralized applications, thus allowing for easier user onboarding. Developers can also leverage multi-function atomic transactions to combine multiple payments and contract function calls into a single transaction while controlling their execution order. By establishing dependencies, the system ensures that transactions with specified prerequisites will only be executed after the required conditions are met, enhancing overall efficiency and reliability in business operations. This technology not only streamlines processes but also fosters innovation within the ecosystem as developers can create more complex and interrelated functionalities.

API Access

Has API No 

API Access

Has API No 

Screenshots View All

Screenshots View All

Integrations

Koinly Yes 
Ledger Nano X Yes 
AWS Marketplace No 
CryptAPI Yes 
Datamish Yes 
Guarda Wallet No 
Hacken No 
NOWNodes No 
Nishue Yes 
Tradesilvania No 
Trocador No 
ZenLedger No 

Integrations

Koinly Yes 
Ledger Nano X Yes 
AWS Marketplace Yes 
CryptAPI No 
Datamish No 
Guarda Wallet Yes 
Hacken Yes 
NOWNodes Yes 
Nishue No 
Tradesilvania Yes 
Trocador Yes 
ZenLedger Yes 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App Yes 
iPad App Yes 
Android App Yes 
Windows No 
Mac No 
Linux No 
Chromebook No 

Customer Support

Business Hours No 
Live Rep (24/7) No 
Online Support No 

Customer Support

Business Hours Yes 
Live Rep (24/7) No 
Online Support Yes 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) No 
In Person No 

Types of Training

Training Docs Yes 
Webinars Yes 
Live Training (Online) No 
In Person No 

Vendor Details

Company Name

IOTA Foundation

Founded

2015

Country

Germany

Website

www.iota.org

Vendor Details

Company Name

VeChain

Founded

2015

Country

China

Website

www.vechain.org

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