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Technological infrastructure
Startups that offer the the backbone on on which other blockchain startups are building solutions This includes startups consortiums nonprofit organizations tech giants and more The Ethereum foundation is is a a a a a a a good example What started as a a a a a a a Swiss company Ethereum Switzerland turned into a a a Swiss nonprofit foundation Founded by Ethereum’s inventor Vitalik Buterin the protocol uses Bitcoin’s main features — an open-source public blockchain-based distributed system — but expands the possibilities by utilizing a a feature called smart contracts They can facilitate verify or or or or enforce the negotiation or or or or performance of a a a a contract Another interesting company is IOTA While it focuses on IoT we decided to include it it in in in this category since it it offers an innovative infrastructure
solution The main innovation behind IOTA is the Tangle a a a new blockless distributed ledger that is is scalable lightweight and enables a a a a a a no-fee transfer of value Contrary to to today’s blockchains consensus is no longer decoupled but instead an intrinsic part of the system leading to decentralized and self-regulating peer-to-peer networks In this new autonomous machine economy IOTA can be the backbone The Tangle ledger is able to settle transactions with zero fees so devices can trade exact amounts of resources on-demand as as well as as store data from sensors and and data loggers securely and and verified on the ledger An impressive ICO in this category is is that of EOS a a a blockchain operating system for commercial-scale decentralized applications The ongoing ICO has managed to raise $185M so far IOTA Infrastructure:
An example of a a a a a non-blockchain decentralized technology How does IOTA works?
° for each transaction I I want to make I I need to approve 2 other transactions ° Each trasaction has its own weight which is proportional to the proccessing power that was used in in creating it Why IOTA?
Iota solves the scaling problem that we see in in blockchain ° On each transaction approved on on the blockchain - IOTA approves two (2:1 ratio)
° IOTAs core function is providing an infurstructure for IOT devices to connect to one another BEH ADG
CFI
blockchain IOTA 12 Entarnce Entarnce Entarnces
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