IOTA is a new type of cryptocurrency that focuses on resolving transactions between machines and machines (M2Ms). Build a blueprint for the future machine economy by enabling payment of no transaction fees between machines and machines. IOTA provides efficient, secure, lightweight, real-time micro-transactions without transaction costs. It is an open source, decentralized digital cryptocurrency designed specifically for the Internet of Things, a real-time micro-transaction that scales easily and easily. IOTA goes beyond blockchain technology. It is the first crypto currency based on non-blockchain technology to be used throughout the ecosystem. IOTA may be considered another kind of cottage currency, but the fact is that IOTA is far from a kind of cottage currency. It surpasses the blockchain technology and is an extension of the blockchain technology. IOTA is based on Tangle rather than blockchain technology.