Focusing on the very early stages of startup development, Nova’s IOTA cofoundery provides support for tech entrepreneurs with startup ideas, or early stage startups, that could utilise The Tangle - IOTA’s distributed ledger technology.

IOTA’s ledger technology is being developed to power the future Internet of Things, enabling fast, feeless micro-transactions in a permissionless economy. The technology is currently being deployed within a range of industries, such as Digital Healthcare, Mobility, Global Trade and Supply chains, Energy, Smart Cities and Telecommunications, Media & Technologies. For more information on IOTA, visit www.iota.org.