IOTA: The bigger picture IOTA has gained lots of interest over the last weeks. Consequently, many people stick to daytrading and are hoping for “another 20% within the next 48hrs”. Yet there is more to IOTA than some short-term gains and in the following I shall address some links which might have not been obvious so far. The Foundation The Big Companies Financial Industry Other areas 1. The Foundation First of all, there is the IOTA Foundation itself: registered as an entity under German (!) law, it is the first…

We’re happy to be able to announce that after getting Joachim Taiber as advisor to the IOTA Foundation, that we’ve now officially partnered with the International Transportation Innovation Center (ITIC), to collaborate with them to work on autonomous vehicle testbeds. In this blog post, we’ll delve a bit deeper into what we’re doing here, that further fosters the IOTA ecosystem, but also goes beyond distributed ledgers alone. Powering the future of Mobility Testbeds enable the incubation of cutting-edge technology, so…

Oliver Mulherin is an software developer with experience in the Internet-of-Things(IoT) space. His work has primarily focused on developing industrial solutions using both software and hardware, additionally has experience with artificial intelligence and the simulation of complex systems. Oliver holds a bachelor’s degree in Computing and Software Systems from the University of Melbourne. While at university Oliver worked on AI projects ranging from general game playing to language detection using LSTMs. His work in the…

It would be impossible to list every one of the milestones, significant events or other achievements that took place in the IOTA cosmos this year. However, here is a nonexhaustive cheatsheet of some noteworthy things that transpired in 2017. 2017 has been an incredibly eventful year for the IOTA project. Milestones have been reached, records breached, and numerous new people have joined the team. There has been an explosive growth in our community and independent projects utilizing IOTA. A metric that captures…

Background During an attack on the IOTA network in October, some funds were found to be at risk of theft, due to users re-using their private keys. The IOTA team took the decision to protect IOTA token holders by taking those funds which were at risk into temporary custody through a snapshot. Once the attack was stopped, the team worked on setting up a process for reclaiming the funds, and sending them back to the rightful owners. This process of receiving and validating the claims has been understandably complicated and…

The IOTA tangle is an incredibly innovative data structure which eliminates the need for expensive and/or centralizing PoW/PoS-based synchronization. However, there’s one pertaining problem with it: The IOTA Tangle is currently stored on every single node, in full, which requires the database to be pruned (i.e snapshotted) regularly, which is an inelegant solution to the problem as we want data stored in the Tangle to, ideally, last forever (or at least a reasonably long time), in much the same way as in a blockchain. When…

In our previous post, we explained the importance to find a Nash Equilibrium for the game of attaching transactions to the Tangle. In the paper (Equilibria in the tangle) we proved its existence and showed that, on this point, all the selfish nodes would choose a similar strategy. However, we still need to see how this Nash Equilibrium looks like. While the theory proves the existence of an “almost symmetric” Nash Equilibrium, this result does not say anything about the strategy nature and which effect it would have on the…

Jens Munch Lund-Nielsen has built a life and career on bringing together different professional fields and sectors, thereby creating new types of partnerships. By carefully and deliberately mixing diverse experts and interests, he has built new ventures and created impactful partnerships — especially within the field of supply chains and global trade. 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…

Max Minchenkov is an experienced serial entrepreneur who resides in Moscow and is co-founder and owner in a number of companies engaged mainly in the oil & gas, manufacturing and telecom industry. After obtaining a Bachelor Degree in International Relations and Executive Program from INSEAD, he has started his career in Investment Banking with the World Bank, he shorty moved into the ‘real’ industry as a Vice-President of an oil-field service company — IDS Group, and later dived into his own projects as an…

We are really happy to announce that the IOTA Foundation has been selected by the Tokyo Metropolitan Government to participate in their accelerator program, aimed at helping IOTA get established in Japan and connect with local companies to work together on innovative new solutions for the Japanese and the global market.Official Website: http://www.seisakukikaku.metro.tokyo.jp/bdc_tokyo/english/bizcamptky/blockchain/index.htmlOfficial Press Release:…

Stuttgart, Germany – Robert Bosch Venture Capital GmbH (RBVC), the corporate venture capital company of the Bosch Group, has purchased a significant amount of IOTA tokens, one of the largest cryptocurrencies in the world. In doing so it hopes to intensify the collaboration with the IOTA Foundation, an open-source non-profit foundation from Germany. RBVC also intends to elevate the technology to maturity by bringing it closer to Bosch’s global ecosystem and key partners. “Distributed ledger technology will play an important…

With the FOMO-FUD cycle taking its toll on IOTA and us being continuously misrepresented in the media, we wanted to come forth with a public statement clearing up the confusion and miscommunication surrounding the data marketplace that has happened over the past few weeks. We apologize for any inconvenience caused by this issue to our associated collaborators and the community at large.Due to the fact that IOTA is both a regulated non-profit foundation based in Germany, as well as a token economy currently valued (at the…