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IOTA Stiftung

Acronym: IOTA Foundation

General Information

Identification Code: 500027331119-04
Website: [object Object]
Entity Form: non-profit foundation (German: gemeinnützige Stiftung)
Registration Category: Non-governmental organisations, platforms and networks and similar
Registration Date: 4/9/2018
Last Update: 8/23/2023
EP Accredited Number: 0

Mission & Interests

Goals: The IOTA Foundation is a charitable organization whose mission is to support the development and standardization of distributed ledger technologies (DLT), including the IOTA Tangle. The Tangle is an innovative type of DLT specifically designed for the Internet of Things (IoT) environment. The Foundation develops and maintains this open-source protocol to facilitate novel Machine-to-Machine (M2M) interactions, including secure data transfer, fee-less real-time micropayments, and the collection, dissemination, and public (open access) and private (restricted access) trade of sensor-based and other types of ‘oracle’ and other data. These technologies promise to bring about revolutionary and socially beneficial changes to local, regional and global economic transactions of both a financial and non-financial nature. In pursuit of its non-profit purposes, the Foundation supports research and development in all fields related to the innovation-amplifying techn (...)
Interests Represented: Promotes their own interests or the collective interests of their members
Interests:
  • Banking and financial services
  • Climate action
  • Customs
  • Digital economy and society
  • Economy, finance and the euro
  • Energy
  • Environment
  • Humanitarian aid and civil protection
  • International co-operation and development
  • Public health
  • Research and innovation
  • Taxation
  • Trade
Levels of Interest:
  • global

Activities

Main EU Legislative Proposals: Financial regulation, data protection (GDPR), tax regulation, monetary policy and monetary law, health regulation, e-governance, digital citizen services
Communication Activities: The Foundation designs, builds, and evaluates experimental deployments of distributed ledger technologies that directly contribute to public welfare, such as improved e-Government services, climate change mitigation technologies, micro-payment systems to integrate historically excluded persons into the global economy, and more. The Foundation also engages in regulatory advocacy efforts at the German, EU, and international levels. The aim of this work is to help ensure that financial regulations, monetary regulations, tax laws, consumer protection laws and data privacy laws are applied to cryptocurrencies, distributed ledgers, and machine learning technologies in ways that protect the public interest while also advancing and promoting innovation.
Inter-institutional or Unofficial Groupings: N/A

Head Office

Address: Pappelallee 78/79
Post Code: 10437
City: Berlin
Country: GERMANY
Phone: [object Object]

EU Office

Address: Pappelallee 78/79
Post Code: 10437
City: Berlin
Country: GERMANY
Phone: [object Object]

Financial Data

New Organisation: false
Closed Year: [object Object]
Current Year: [object Object]
Complementary Information: The IOTA Foundation was initially endowed in November of 2017 with 1 million euros in cash contributions (contributed by the co-founders) and 5% of the existing supply of the cryptocurrency known as IOTA tokens (contributed by anonymous community members). As of the time of registration in this transparency registry, the Foundation’s IOTA token holdings had a market value of approximately 114 million euros. The current market value of the cryptocurrency IOTA can be viewed on https://coinmarketcap.com/currencies/iota/

Membership Information

Members10 Percent: 0
Members25 Percent: 0
Members50 Percent: 1
Members75 Percent: 0
Members: 1
Members F T E: 0.5

Structure

Structure Type: Structure
Is Member Of: The IOTA Foundation is a non-profit foundation (German "gemeinnützige Stiftung). It is not a membership-driven organization. As such, it has principally employees, freelancers, and cooperation partners. The IOTA Foundation also welcomes representatives from academia, industry, government, think tanks, and civil society on its Supervisory Board ("Stiftungsrat") and its External Advisory Board ("Kuratorium") in accordance with its non-profit statutes.
Organisation Members: INATBA, https://inatba.org/members/ European Blockchain Association, https://europeanblockchainassociation.org/ OMG, https://www.omg.org/ Bundesverband Deutscher Stiftungen, https://www.stiftungen.org Christian Doppler Forschungsgesellschaft, https://www.cdg.ac.at/ Bundesblock, https://serverprofis.bundesblock.de/