Tag: tangle

IOTA has announced a partnership with Den Norske Bank (DNB) to explore useful solutions for Tangle Technology. IOTA revealed the collaboration via a press release on the IOTA Foundation website on May 31, 2018. Details of the Partnership The Norwegian is the largest financial group in the country with the market capitalization of $32 billion. IOTA and DNB plan to…

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The IOTA foundation announced a collaboration with the United Nations Office for Project Services (UNOPS) on May 24, 2018, to facilitate the latter’s push to implement blockchain technology in its administrative systems. UN’s Blockchain Push The UNOPS looks to increase the operational efficiency for United Nations (UN) offices across the globe, streamlining the workflow processes as well as ensuring immutability…

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In what could prove a finale to the IOTA debate, a UCL representative, Patrick McCorry, has tweeted: “This is a pretty important message from UCL. I hope other universities swiftly follow suit,” above a snapshot of a UCL disclaimer, which distances the institution from IOTA. IOTA Appears a Utopian Dream The statement also criticizes IOTA for its alarming reactions to…

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Since the world was introduced to the blockchain by Satoshi Nakamoto in 2008, there have been a number of innovations built on top of the technology. These include the creation of cryptocurrencies with specialized features such as privacy-centric Monero, the development of enterprise-ready blockchain solutions like Ripple, as well as the use of the blockchain to mitigate social challenges such…

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The city of Taipei has joined hands with IOTA foundation to achieve it smart city goals. The capital of Taiwan is striving to integrate the technology’s “blockless” distributed ledger technology, Tangle, to its multiple programs of the smart city project. A New Era of Blockchain Smart Cities The Taipei smart city project was initiated last year in which the city…

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IOTA is one of the fastest growing cryptocurrencies with an enthusiastic community of fans. However, it is also one of the most severely criticized cryptocoins. Here we investigate what makes IOTA so controversial – and what value can be found in its approach to scale cryptocurrency. Disputes and Criticism: IOTA Defending Itself For a crypto writer, IOTA is currently one…

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On December 20, MIT Media and the MIT Digital Currency Initiative (DCI) issued a public statement written by DCI Director Joi Ito, refuting an article published by the institution’s own MIT Technology Review about IOTA’s potential to outperform bitcoin. MIT DCI Criticizes IOTA On December 14, MIT Technology Review’s Mike Orcutt published an article entitled “A Cryptocurrency Without a Blockchain…

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MIT Media Lab researchers Neha Narula, Thaddeus Dryja, Madars Virza and Boston University researcher Ethan Heilman discovered a cryptographic vulnerability in the code of the ninth largest cryptocurrency by market share, IOTA. IOTA’s Code Vulnerability According to a blog post by Neha Narula, Director of the Digital Currency Initiate at MIT Media Labs, the researchers analyzed the repositories of the…

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