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.