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WTH is IOTA?

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Photo by Viktor Forgacs on Unsplash

Some might correctly answer, that it’s the 9th letter of the Greek alphabet. Or a very, very small amount. But IOTA now has another meaning: it is a platform to facilitate transactions. The IOTA platform has a cryptocurrency token called MIOTA.

Because our lives are fully integrated with mechanical devices such as cell phones, computers, TVs, and now cars, refrigerators… pretty much every damn thing, we should understand how this “stuff” works. Well at least we can know what the names mean, that’s a start. Founders say the cryptocurrency could become significant for global trade and pave the way for cutting-edge Smart Cities in the future. It sounds like a cryptocurrency to consider!

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