A distributed ledger technology[1] and cryptocurrency designed for the Internet of Things[2] (IoT), providing secure and feeless transactions between connected devices.
Defined Terms
1. ↑ distributed ledger technology.
The broader term for technologies like blockchain and HolochainTM that enable decentralized and distributed ledgers.
2. ↑ Internet of Things [loT] ( Internet of Things )
The network of interconnected physical devices and objects embedded with sensors, software, and connectivity that enables them to collect and exchange data.