The token solves the problems of blockchain technology as the transactions are arranged in a form of tangle,meaning that each transaction confirms two previous transactions.
Therefore blocks do not have to be processed further and the transaction fee is no longer required. At the same time, the Tangle technology offers the same security as a blockchain. IOTA could therefore clearly be superior to all other coins.
The advantages of IOTA are due to the tangle’s high scalability, the non-existent transaction costs as well as the possibility of carrying out offline transactions.
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.