IOTA is a secure cryptocurrency aimed at facilitating communication and payment between computers on the Internet. So, to elaborate further: The goal is to use any device that can connect to the internet, such as a smartphone, tablet, computer, or smart watch. Its goal is to make items like mutual communication more helpful, quick, safe, and capable of numerous actions at once.
Many prestigious colleges and research campuses have seen IOTA's potential and have opted to collaborate with it. IOTA is free, quick, and the system can handle a limitless number of transactions at the same time, regardless of transaction size.