Global technology network IOTA on Wednesday launched a $100-million foundation in Abu Dhabi to accelerate the growth of its distributed ledger technology (DLT) in the Middle East, aiming to help convert real-world assets into digital ones, said IOTA co-founder and Chairman Dominik Schiener. DLT is similar to blockchain, a crypto technology whose potential applications has reached the hundreds since its inception more than 10 years ago. IOTA digital tokens will fund the investment.
IOTA Launches $100 Million Entity in Abu Dhabi to Create Digital Network usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.
Global technology network IOTA on Wednesday launched a $100-million foundation in Abu Dhabi to accelerate the growth of its distributed ledger technology (DLT) in the Middle East, aiming to help convert real-world assets into digital ones, said IOTA co-founder and Chairman Dominik Schiener. DLT is similar to blockchain, a crypto technology whose potential applications has reached the hundreds since its inception more than 10 years ago. IOTA digital tokens will fund the investment.
IOTA launches $100mln entity in Abu Dhabi to create digital network zawya.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zawya.com Daily Mail and Mail on Sunday newspapers.