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About IOTA
IOTA is the native utility token of the IOTA network, a distributed ledger designed to serve as the backbone for the Internet of Things (IoT). Unlike traditional blockchains, IOTA utilizes a unique Directed Acyclic Graph (DAG) structure known as the Tangle, which enables feeless microtransactions, high scalability, and secure data transfer. The asset is used within the ecosystem to facilitate value transfers between machines and humans, and to secure the network's decentralized infrastructure. It supports a wide range of use cases including digital identity, supply chain tracking, and decentralized finance (DeFi).
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