Tangle (IOTA)
The IOTA Tangle refers to the IOTA Directed Acyclic Graph (DAG) distributed ledger protocol. It was specifically designed for IOTA’s Internet of Things (IoT)-based business model by the IOTA foundation in Germany. The Tangle facilitates fee-less micro-transactions, catering to the growing ecosystem of IoT devices, including smart appliances, smart homes, smart cars, wearables, and more.