$IOTA
#Mcap $731.67M
IOTA is a cryptocurrency, which arose from the need for secure and decentralized financial solutions aimed at the Internet of Things (IoT), it was described in 2016 but the first concepts emerged in 2014.
Its proposal allows micro or nano payments to be made free of charge, which can be executed on embedded devices, sensors and any IoT systems. The technology adjacent to IOTA is Tangle, which was described in 2016 in the article "The Tangle" by a Russian/Brazilian mathematician named Serguei Popov.
Popov was interested in cryptography and participated in a Nxt cryptocurrency forum, where discussions arose about what would become the IOTA project. The then mathematician was invited to participate and write about the proposal, considering the synergy between his theoretical works. and forwarding solutions to the new DLT.
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