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What is IOTA?

IOTA has transformed the landscape of distributed ledger technology by enabling secure transactions for both data and value without any associated fees. Its Tangle architecture represents an open, feeless, and highly scalable distributed ledger, allowing for the effortless transfer of data and value. As the first distributed ledger specifically designed for the "Internet of Everything," IOTA facilitates efficient interactions between humans and machines. Unlike conventional systems that rely on blocks or miners, initiating a transaction in IOTA requires the validation of two preceding transactions, showcasing an innovative method that overcomes the cost and scalability issues commonly linked to blockchain technology. Tailored for the Internet of Things, the IOTA network guarantees tamper-proof data integrity, supports feeless microtransactions, and operates with minimal resource needs. In the healthcare sector, where electronic health (eHealth) data is vital, IOTA significantly bolsters the security of this information while creating opportunities for novel healthcare delivery models. By providing robust technology, IOTA ensures that eHealth data is not only secure but also trustworthy, due to the immutable characteristics of the Tangle. This reliability ultimately serves to enhance the experience for both patients and healthcare providers, paving the way for improved health outcomes and greater efficiency in care delivery. Furthermore, the integration of IOTA into healthcare systems could lead to more personalized and responsive patient care, adapting to the needs of individuals in real-time.

What is Algorand?

We focus on developing technology that ensures smooth financial transactions. As the trailblazers of the first-ever open and permissionless pure proof-of-stake blockchain protocol, we provide vital security, scalability, and decentralization without the necessity of forking, which are essential components for today’s economy. Our award-winning team assists traditional financial institutions as well as decentralized finance businesses in moving towards a space of simplified financial operations. This state-of-the-art technology establishes the foundation for groundbreaking applications, while our advanced smart contract functionalities enable decentralized finance solutions and decentralized applications that can handle billions of users and tens of millions of transactions each day, all at low fees. The Algorand Standard Assets provide customizable blockchain asset solutions on Layer-1, guaranteeing secure transfers and instant settlement for transactions involving multiple parties. This structure allows businesses to adopt decentralized financial practices with confidence, ultimately revolutionizing the finance sector. Furthermore, as we progress, our dedication to improving financial accessibility and operational efficiency is steadfast, ensuring that we remain at the forefront of innovation in this rapidly evolving field.

Media

Media

Integrations Supported

Ledger Nano X
AscendEX
Bithumb
Bitquery
Bloq
Boxcoin
Coast
Coinbase
CryptAPI
Fyre
Gate.io
HollaEx
InvestaX
Koinly
Kraken
OKX
Trocador
WazirX
ZenLedger

Integrations Supported

Ledger Nano X
AscendEX
Bithumb
Bitquery
Bloq
Boxcoin
Coast
Coinbase
CryptAPI
Fyre
Gate.io
HollaEx
InvestaX
Koinly
Kraken
OKX
Trocador
WazirX
ZenLedger

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

IOTA Foundation

Date Founded

2015

Company Location

Germany

Company Website

www.iota.org

Company Facts

Organization Name

Algorand

Date Founded

2017

Company Location

United States

Company Website

www.algorand.com

Categories and Features

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