IOTA AND THE INTERNET OF THINGS
“IOTA is a revolutionary new transactional environment and data integrity layer for the “Internet of Things”. It’s based on a new invented architecture concept called the Tangle, which gets rid of the inefficient ways of handling the current Blockchain designs and introduces a new way of reaching consensus in a decentralized peer to peer system. For the first time ever, through IOTA people can transfer money without any fees / costs. This means that even infinitesimally small nanopayments can be made through IOTA.”
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http://www.crypthor.net/iota-and-the-internet-of-things/
