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Top 3 Biggest IoT Companies That May Blow Up in 2023

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By Augustine Mbam - January 17, 2023 - 5 Mins Read

IOTA 

IOTA is one of the top IoT companies focused on creating a better payment method in the financial sector. IOTA uses a technology called Tangle to build a decentralized ecosystem of wirelessly connected devices. 

IOTA Tangle technology is a newly designed distributive ledger that allows transactions and payments in the crypto industry without paying any fee. This means the technology is focused on creating a fee-free transaction ecosystem within the crypto industry. 

Bosch and Fujitsu are one of the major companies IOTA is trying to partner with to build a secure and free payment ecosystem. They hope to achieve more of this plan using a new network of connected devices.