IOTA is another exchange settlement for the web of Things. IOTA is here to battle the wasteful aspects of the current blockchain model by presenting another way performing exchange through a distributed framework, or what is known as a tangle.
IOTA was discharged in June 2016, and today has a market top of over $10 billion. The group deal was discharged in Dec 2015, and it rose over $500k in Btc.
From that point forward IOTA has raised bunches of conversation on bitcoin discussions. Some even contrast IOTA with bitcoins.