IOTA Stiftung
Budget
€50 — €0
EP Access
0
accredited persons
Staff
3
1.5 FTE
EU Grants
None
Mission & Goals
The IOTA Foundation is a charitable organization whose mission is to support the development and standardization of distributed ledger technologies (DLT), including the IOTA Tangle. The Tangle is an innovative type of DLT specifically designed for the Internet of Things (IoT) environment. The Foundation develops and maintains this open-source protocol to facilitate novel Machine-to-Machine (M2M) interactions, including secure data transfer, fee-less real-time micropayments, and the collection, dissemination, and public (open access) and private (restricted access) trade of sensor-based and other types of ‘oracle’ and other data. These technologies promise to bring about revolutionary and socially beneficial changes to local, regional and global economic transactions of both a financial and non-financial nature. In pursuit of its non-profit purposes, the Foundation supports research and development in all fields related to the innovation-amplifying techn (...)
EU Legislative Interests
Financial regulation, data protection (GDPR), tax regulation, monetary policy and monetary law, health regulation, e-governance, digital citizen services
Communication Activities
The Foundation designs, builds, and evaluates experimental deployments of distributed ledger technologies that directly contribute to public welfare, such as improved e-Government services, climate change mitigation technologies, micro-payment systems to integrate historically excluded persons into the global economy, and more. The Foundation also engages in regulatory advocacy efforts at the German, EU, and international levels. The aim of this work is to help ensure that financial regulations, monetary regulations, tax laws, consumer protection laws and data privacy laws are applied to cryptocurrencies, distributed ledgers, and machine learning technologies in ways that protect the public interest while also advancing and promoting innovation.
Interests Represented
Promotes their own interests or the collective interests of their members
Member Of
INATBA, https://inatba.org/members/ European Blockchain Association, https://europeanblockchainassociation.org/ Bundesblock, https://serverprofis.bundesblock.de/
Organisation Members
The IOTA Foundation is a non-profit foundation (German "gemeinnützige Stiftung). It is not a membership-driven organization. As such, it has principally employees, freelancers, and cooperation partners. The IOTA Foundation also welcomes representatives from academia, industry, government, think tanks, and civil society on its Supervisory Board ("Stiftungsrat") and its External Advisory Board ("Kuratorium") in accordance with its non-profit statutes.
Commissioner Meetings
No recorded meetings with EU commissioners.