Introduction to IOTA Strategies.


The Tangle from IOTA https://www.iota.org/ claims to be superior way to build permissionless Distributed Ledger Technology (DLT).  While there have been some who dispute these claims, https://aakilfernandes.github.io/whats-wrong-with-iota nonetheless it is worthwhile to explore what a protocol that can do what IOTA claims might gain us.  

Two major IOTA claims are 
  • No cost microtransactions  
  • Huge scalability
Clearly these are desirable properties. The Internet of Things (IOT) will consist of literally billions of small embedded sensor systems. Each of these is essentially a store that sells a data stream that needs to store that data in a DLT and charge microfees for its usage. So we note that IOT is the perfect candidate for such a protocol. 

Companies, for example Libelium produces sensor network kits 
https://www.the-iot-marketplace.com/solutions for a wide variety of applications.
 



These kits can be configured  in many ways you gather data and the sell that data to other consumers. http://www.libelium.com/resources/top_50_iot_sensor_applications_ranking/

In this blog I shall explore the implications of the revolution that will come about as the IOT is deployed. In particular I intend to devote my energy to developing strategies that individual companies can follow in order to take advantage the opportunites that the IOT revolution will provide.


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