- The IOTA Foundation added blockchain technology to the Internet of Things with their platform.
- The launch of Bee software will make IOTA accessible to users with fewer resources than others.
New Years’ resolutions – everyone makes them. While the average individual makes promises of shedding weight and giving up vices, cryptocurrency companies and the rest of the financial industry see it as an opportunity to make big promises to get investors involved with their platforms. The IOTA Foundation, which gained notoriety for integrating blockchain into the Internet of Things, has just released their 2020 roadmap with many developments in their technology to usher in the next decade.
One of the first matters at hand is an update to the current IOTA technology stack, which will help them better serve real-world applications. Autopeering technology, for example, allows nodes to run and connect with neighbors, though users previously had to manually search for these matches.
New Roadmap & End of Year dev Update – Presenting the progress of our key projects, #IOTA protocol upgrades & our new #Roadmap that highlights the milestones across Technological maturity, User adoption, #Coordicide & #Qubic. We're ready for a bright 2020! https://t.co/spY5ayE7GB pic.twitter.com/qXKmYTpHmt
— IOTA (@iotatoken) December 18, 2019
IOTA is also taking on issues with decentralization, as the platform offers a new implementation of node software, written in Rust, which will open access for “users with very limited resources.” This step is set to last from this month until February 2020, and the official integration of the Bee software will be available sometime before April next year.
To solve privacy issues on the website, OTA aims to implement the Masked Authenticated Messaging (MAM) solution. MAM will offer access to encrypted data streams for any device size, as the platform aims to launch it on six different programming languages.
Amongst these updates is an upgrade to IOTA’s Trinity wallet, as well as the release of a light version of the wallet called Spark. Spark is meant to be used by wallets with low balance, and this release will be a web-based solution.
Other changes taking place in 2020 for IOTA will include improvements in node software to meet increased demands, support for reusable addresses, and tip selection algorithms for the Tangle. To view the roadmap in its entirety, visit https://roadmap.iota.org/.