We have been reviewing IOTA for what it does, and how it is progressing forward. And I have to agree that there are some impressive findings. Everything with IOTA seems to be very simple when compared to protocols of blockchains, but somehow IOTA is managing to take these simple things and design solutions for complex problems. For example, their take on Digital Identity using MAM’s mechanics like Forward-Secrecy and Chain-Splitting. I designed a introductory presentation covering MAM and its prominent use-cases.
IOTA has a lot in their pipeline at the moment. MAM – Masked Authenticated Messaging, is one of their most anticipated module with some interesting real-world applications. Still in beta, it already has seen implementations in embedded ecosystems and many of the prominent industry players are playing with it. It is probable that their Data Marketplace can become a real thing in near future. This presentation is my initial take on covering the MAM at abstract level, without the technical perspective.
Yes, IOTA still need to figure out the complexities with their Tangle first, but maybe data marketplace can be a gateway to mass adoption of the Tangle, synergizing their efforts towards global acceptance of both.
Image Source: Paul Handy on Medium