The Industry 4.0 market size will reach $267.01 billion by 2026. Industry 4.0 depends on the secure, fast, and cost-effective data transfer between IoT devices. IoTA is designed to ensure secure communication between two devices within the IoT(internet of things) framework. Let's have a detailed look at the role of IoTA in industrial IoT.
Understanding IoTA- how it's different from blockchain
The terms MIOTA and IoTA together make up the term IoTA. While MIOTA is a cryptocurrency, IoTA is a non-profit foundation. Since its inception in 2015, IoTA has formed joint ventures with firms like
Fujitsu
Samsung
Telekom
Volkswagen
IoTA is technically different from blockchain in terms of the underlying technology. IoTA works on a technology ca ...