IOTA Wiki
IOTA is a cryptocurrency created specifically for the Internet of Things (IoT). A little background: in the next seven to eight years, an estimated 75 billion devices will be connected to one another via the Internet.
Each of these devices will interact to make the world a better, more seamless place for us. To enable this interoperability, IoT devices must be able to do micro-transactions to pay one another in a frictionless manner. These micro-transactions are the raison-d’être of IOTA.
The technological breakthrough.
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Source and More information: How to Store IOTA – The Best Wallet to Send and Receive IOTA
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