A comprehensive look at IOTA’s evolution from IoT applications to becoming a key player in Web3 and real-world asset tokenization.
Points
- IOTA plans to bring billions of real-world assets on-chain through tokenization.
- IOTA uses directed acyclic graph （DAG） technology for faster, fee-less transactions.
- The transition to Web3 includes launching an Ethereum Virtual Machine （EVM）-compatible layer 2 chain.
- IOTA 2.0 will feature a decentralized, permissionless consensus mechanism.
- The focus on real-world asset tokenization aims to enhance liquidity in the DeFi ecosystem.
IOTA, originally known for its applications in the Internet of Things （IoT）, is now making significant strides in the Web3 space and real-world asset （RWA） tokenization. The project plans to bring billions of real-world assets on-chain, leveraging its unique directed acyclic graph （DAG） technology, which enables faster, fee-less transactions.
https://twitter.com/DomSchiener/status/1815274115613274536
In a recent discussion, Dominik Schiener, co-founder of IOTA, shared his excitement about the project’s progress and future plans. He highlighted IOTA’s journey from its early days in IoT to its current focus on building a robust Web3 ecosystem. A key component of this transition is the launch of IOTA’s Ethereum Virtual Machine （EVM）-compatible layer 2 chain. This development will facilitate the creation of decentralized applications （dApps） and further integrate IOTA into the growing Web3 landscape.
Schiener emphasized IOTA’s commitment to real-world adoption, stating, “Our vision was always to make sure that blockchain gets adoption in the real world, that it really fulfills its purpose as a technology that impacts our lives and is used in everyday life.”
To support this vision, IOTA 2.0 will feature a decentralized, permissionless consensus mechanism, allowing anyone to become a network validator. This approach is expected to enhance the network’s security and decentralization, making it more resilient and scalable.
One of the most ambitious aspects of IOTA’s roadmap is its focus on real-world asset tokenization. By collaborating with platforms like Tokeny and working with regulatory bodies, IOTA aims to bring assets such as treasury bills, ETFs, and trade finance assets onto the blockchain. This move is expected to significantly enhance liquidity within the decentralized finance （DeFi） ecosystem and provide new opportunities for investors.
解説
- IOTA’s evolution from IoT applications to Web3 and asset tokenization reflects its adaptability and forward-thinking approach.
- The use of DAG technology for faster, fee-less transactions positions IOTA as a competitive player in the blockchain space.
- The launch of an EVM-compatible layer 2 chain will enable dApp development and deeper integration into the Web3 ecosystem.
- IOTA 2.0’s decentralized consensus mechanism aims to improve security and scalability, making the network more robust.
- The focus on real-world asset tokenization highlights IOTA’s commitment to bridging traditional finance with blockchain technology, enhancing liquidity and creating new investment opportunities.