Endpoints of the Internet of Things (“IoT”) will grow at a 32.9% compound annual growth rate from 2015 through 2020, reaching an installed base of 20.4 billion units. In 2020, 6.5 billion “things” will ship, with 64% of them consumer applications. Total spending on endpoints and services will reach $3.4 trillion in 2020. (source)
THE ECONOMY OF THINGS
As the Internet-of-Things keep expanding, the need for interoperability and sharing of resources become a necessity. IOTA enables companies to explore new business-2-business models by making every technological resource a potential service to be traded on an open market in real time, with no fees.
LEDGER OF THINGS
In this new autonomous Machine Economy IOTA will be the backbone. The Tangle ledger is able to settle transactions with zero fees so devices can trade exact amounts of resources on-demand, as well as store data from sensors and dataloggers securely and verified on the ledger.
Don't forget to add some IOTA to your AltFolio while still cheap!!
Source: iota.org