The IOTA Foundation is known for being the main backer behind the development of the blockless distributed ledger “IOTA Tangle”. This ledger is used as an enabled for technology which shares important data economy through IoT (Internet of Things) technology.
Nonetheless, the reason we are talking about the IOTA Foundation today is because it started a new partnership with the International Transportation Innovation Center (ITIC). The IOTA Foundation and the ITIC decide to team up because they want to create a worldwide community of developers who will build smart mobility apps through the open source protocol IOTA offers. This will help IOTA grow its market platform and gain a sustained mobility system that will feature the highest level of security.
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