David Sønstebø is a serial entrepreneur with a passion for any kind of technology that can push human progress forward. He is heavily involved in Internet-of-Things, distributed ledger/blockchain/tangle technologies, Smart Cities, Digital identity, eGovernance and innovative hardware design. He is also the founder of IOTA.
While we still have IOTA under the “Fringe” category, David’s entrance to the Hall of Fame displays our excitement over his project. (they have a damn good website)
Statements such as “As Internet-of-Things keep expanding the need for interoperability and sharing of resources become a necessity. IOTA enables companies to explore new business-2-business models by making every technological resource a potential service to be traded on an open market in real time, with no fees,” or “In this new autonomous Machine Economy IOTA will be the backbone. The Tangle ledger is able to settle transactions with zero fees so devices can trade exact amounts of resources on-demand, as well as store data from sensors and dataloggers securely and verified on the ledger,” taken from IOTA website showcase fascinating inner working of the David’s mighty mind.