Archive
IOTA is an open-source, DAG-based DLT designed for secure and efficient data transfer and fee-free payments between devices on the Internet of Things. The IOTA project was founded in 2015 by David Senstebø, Sergey Ivancheglo, Dominik Shiner and PhD in Mathematics Sergey Popov
The IOTA Foundation has publicly announced its strong support for the recent revisions proposed by the Financial Action Task Force (FATF) concerning its “Anti-Money Laundering (AML) and Combating the Financing of Terrorism (CFT) standards.” This updated framework aims to strike a crucial balance between robust risk management and the imperative of financial inclusion, a principle […]
The decentralized finance (DeFi) landscape relies heavily on real-time and accurate financial data. Without reliable price feeds, smart contracts and decentralized applications (dApps) cannot function optimally. This is where Pyth Network comes into play. It is a decentralized network designed to deliver institutional-grade price data to blockchains, ensuring that developers can build secure and efficient […]
In a recent interview with Reuters , Dominik Schiener, co-founder and chairman of the IOTA Foundation revealed that some of the largest Asian venture capital firms and crypto hedge funds have raised $ 100 million to invest in the newly launched Blockchain Assembly, which is part of the IOTA- Ecosystem was built. Assembly plans to focus on decentralized […]