Must-watch: 500 Billion Reasons why IOTA

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The Tangle,, the Future – Interview with Robert A. Küfner, CEO of

The Tangle,, the Future – Interview with Robert A. Küfner, CEO of

Today, I have the pleasure to present the interview I had with the creator and CEO of Robert A. Küfner. is a Berlin-based company, that committed itself to innovation, business development and the creation of business models, using distributed systems -particularly the Tangle ledger of IOTA.

We have seen several livestreams, meetups, and articles about their work, that is giving us valuable information of what we can expect in the field of distributed ledger technologies and where we are heading.

Their latest meetup in Zug, with the Keynote-speaker Oliver Bussmann, President of the Cryptovalley in Zug, gave us a great overview of the status quo of cryptocurrencies and their impact.

Also interesting is their latest announcement: -a project that will enable the tokenization of assets on the Tangle, which is comparable to the ERC20 layer on Ethereum.

Thank you, Robert, for the opportunity!


1. Can you tell us a little bit about yourself, like how did you slide into the realm of cryptocurrency?

I first got involved in crypto back in 2010. I came across an article about Bitcoin and it shook my world. I knew then as I know now that the idea behind it was revolutionary. Back then though, it wasn’t a movement, it was a bunch of computer geeks having fun.

The more I learned about it though, the more I wanted to be a part of it, and in 2013 I founded the first publicly listed company to be focused solely on Distributed Ledger Technology, Smart Equity AG, with my good friend and business partner, Michael Geike.

DLT became my life. I become more and more involved in the space and eventually wound up speaking to Dr.Gavin Wood in London. Dr.Wood introduced me to the idea of smart contracts and I was instantly hooked and invested in the Ethereum crowd-sale, which would then go on to provide a basis for a lot of what we’re doing now.

I’ve always understood myself as an evangelist for a decentralized world and after following the developments in the space for so long I was eager to have a solid impact on it. After being introduced to IOTA early on by Florian Reike, I felt I had the right background, knowledge, and network in the cryptospace, as well access to incredible technology in the Tangle, and possibly most importantly, the right timing.

It’s been almost ten years since the launch of Bitcoin, but the Distributed Ledger Technology movement is only really taking a firm hold now – it feels like we’re talking about the development of the Internet in the early 90s.


2. When you created, what was the business model, the focus and the problems you wanted to solve? has always been about connecting the real-world with the huge potential of Distributed Ledger Technology – that’s our slogan, our motto – it’s what the team lives by.

Our business model has evolved over time as we’ve realized just how huge the market for what we can deliver is. Initially, we wanted to focus all our attention on the peaq project. While we’re still doing that, we’ll also be taking on clients looking for DLT based software solutions with the help of Advanced Blockchain AG – and there are plenty of opportunities out there.

We’ll be helping all kinds of businesses to make the leap into the DLT world, and take full advantage of the countless benefits that come with doing so. The more companies make the jump into DLT, the closer the world will move towards a token economy.


3. Your new project, which is comparable to the ERC-20 standard in Ethereum enables the tokenization of almost every value asset in the real world. Can you give us a small introduction to what your vision of is and what it can enable that is not yet created?

The ICO world went crazy after people realized how easy it was to create their own tokens, but a lot of people were eventually let down by the underlying technology – blockchain. A lot of projects never really took off because of inherent drawbacks with blockchain, like scalability, transaction fees, and high running costs. is picking up where the ERC 20 left off. peaq is a token creation framework built on the Tangle network, making it possible to tokenize virtually anything you perceive to have value and trade or send it around the world in seconds. With the Tangle technology at our fingertips, we’re opening up a whole new dimension to the token economy, limited only by the imagination of those who choose to build on peaq.

peaq will make it possible for startups to go public on the day they’re created, giving them access to the capital they need to develop fast. Banks and financial institutions will finally be able to benefit from DLT thanks to the scalable, zero-fee framework that the DAG provides. It’s also not currently economically viable to trade stocks and shares on the blockchain because of ‘Gas’ prices and scalability limits – peaq will change this too. This is by no means an exhaustive list, but it sheds light on the sort of potential we’re looking it. Many of the use cases for the platform are yet to be thought of.


4. During the presentation of, a group of people in the IOTA slack were concerned that would lead to a new ICO-storm, based on the Tangle. Can you give us your point of view about possible ICO’s and how we can ensure, that these kinds of crowdfundings are, not again, used in a bad way?


I think they make fair points, and to an extent I share their concerns – but one must keep in mind that it’s very difficult to weed out the bad projects from the good ones without imposing your views and opinions on them and therefore limiting the imagination of others – and ICOs are a great tool for financing start-ups.

As much as I’m against ICO scams and people using great technology for bad things – I feel as though this may be a necessary phase. In the same way, the internet was flooded with all sorts of good-for-nothing websites at the start, and the same way Bitcoin was used for all sorts of awful things during the first few years.

It will show that firstly, the framework works, and secondly, people are interested in it and know how to use it. The next step will be for the projects that are built for good and built to last to gain momentum and trust.

If a Tangle based ICO-storm does happen, it will be down to the people to weed out the good projects from the bad, and I’m confident that the good projects will be successful in the long-run and in a great position to make use of this cutting-edge technology to make the world a better, more efficient place.

Similar to the way Ethereum made blockchain technology widely-available and easily accessible, our goal is to bring the wonders of the Tangle Network to the people. We’re creating the tool, we’re not telling people how to use it.


5. What do you think will be the impact of blockchains in the next 5-10 years and especially IOTA which is already disrupting the “enterprise” blockchains of today?


I think it’s very important to distinguish between Distributed Ledger Technology and blockchain. Blockchain is a subcategory of DLT, as is the Tangle Network.

Many people like to refer to the crypto movement by calling it things like the ‘blockchain revolution’. Blockchain was a big step forward, there’s no doubt about it, but the technology has peaked young – blockchain is outdated. The Tangle network is the first example of a new breed of Distributed Ledger Technology that will pick up where blockchain left off and improve on it exponentially.

It’s obviously very difficult to predict precisely what will happen over the next few years in such a young, fast-moving industry – but I see DLT revolutionizing the way we do business. I see distributed ledgers bringing industries together and creating new applications, new markets, new economies. More and more real-world assets and ideas will be tokenized, and the token economy will begin to take hold of a more efficient, more inclusive world.

I’m a very firm believer in the IOTA project. I think it’s a great concept coming at a great time, and could have a really big impact on the machine-to-machine economies of the future, and beyond.


Thank you for your time and my best wishes for your efforts! We’re looking forward to your next projects and livestreams!


Happy Holidays and a Happy New Year!

Happy Holidays and a Happy New Year!

Dear readership,

2016 was an exciting year for IOTA, an exciting year for me and the birth of

I want to thank all of you for all the constructive criticism and helpful comments for this blog.

I’m really happy and cannot really put into words, that has had over 10.000 views since Octobre 28th. Which is far more than I have imagined and shows the interest IOTA has attracted.

Thanks for that!

I hope that your year was as interesting as mine and that you have a few days to celebrate Christmas or just a few days with your families and friends!

Hopefully, 2017 will be a year full of good surprises for all of us!

Happy Holidays!


Summary 2016

Summary 2016

Hello, Folks!

After a few weeks of silence, I’m back with lots and lots of important info about the IOTA ecosystem.
Although 2016 wasn’t exactly the best year ever, for IOTA it was a good one.


The following article includes a rough timeline of happenings till today, a selection of the most important new members and last but not least, the articles where IOTA was mentioned in 2016!
Considering magazines, like FORBES, Huffington Post and Coindesk: It is inevitable that IOTA will be -the- next technology to look at. A fact most of the community members knew from the beginning.


Timeline 2016

With the successful ICO (Initial Coin Offering) exactly one year ago, lots of stuff has happened.  All in all 1337 BTC were invested (including bonus and Jinn assets) which is enormous.


In January 2016 the IOTA Core-team decided to rewind their plans to list IOTA at exchanges (too) soon.

The reason for this decision was fairly simple: The software wasn’t ready nor tested properly.

Even if investors and speculators were pressuring, “Core” decided to take the longer no-nonsense way.  Because IOTA is a back-end technology, not a shiny front-end product.


Late February 2016 the official Forum was announced.


In the following weeks, a lot of announcements were made.



Up to this point, IOTA could have kept up with 10 of the biggest Blockchains -easily.

But CORE kept IOTA under the radar of speculators as good as they could.
Being the first IoT-related Blockchain with no fees, it would just be a matter of time before the project would blow up, and for this moment, it would be better to deliver a functioning package instead of a pump&dump product with flaws and holes. -We all have seen enough blockchains with that attitude!

In March, the foundation has been announced. That was one of the greatest step-stones for an ongoing success.

Also, the “Big Deal” was announced. It contained a collaboration between 2 big parties from Asia and IOTA. As payment for their services and partnering, a crowdfunding was set up where a big amount of IOTA was collected to get these partners on board. The details were not revealed for contract reasons. The deal is still disclosed, but we are all eagerly waiting for this rocket!

The following weeks were filled with good news, discussions, clarifications and a growing number of interested people.


In April, we got a small hint about exchanges and CORE’s strategy. This strategy was merely a spoon-feed for investors, because as David made it pretty clear  IOTA’s focus lies on real-world adoption.
Time has told us that he was right because the list of achievements is long and is growing every week.


In April, some major changes withing the technology of IOTA took place to enhance usability within the IoT.

CORE changed the total amount of IOTA, improved security and optimized its features.

It’s important to emphasize that this transition did not change the amount of IOTAs that anyone has, the proportions are identical.

From now on, testing was #1 on the agenda to make things happen.
Different versions were pushed into the git with lots of bug fixing, to ensure a secure and working protocol.

In June, the new website was publicly released.
The first GUI was made, as well as a release date set for the main net.

The actual date of the main net-release was 11th July.

In the meantime, the foundation was funded by the community.

The fast growing community needed a new medium for day-by-day communication so we moved to slack.

The number of members exploded. Every day we would see new interested members, speculators and developers who wanted to be part of that vision.

Within IRI-Version 1.0.3 peer-discovery was included. Manual node sharing was obsolete with this feature, we thought.

In the meantime, the “Big Deal” was successfully founded. A big step for a global adoption.

As a network-necessity, all people were told to spam the network.

The result were no less than 1 million transactions on 15th September

While testing, CORE discovered that unfortunately peer-discovery is harmful to the tangle-topology.

The community and CORE decided to remove peer-discovery, to optimize IOTA and to make it more suitable for the IoT.

After a long testing period, the main net was online again in Octobre.

Since then, a lot of developers for different reasons have been found.
A new GUI-version is already done, the sandbox environment is finished, a few libraries are also completed.
As testing environment, CFB set up a test net for further improvements of the tangle.
Left to be done are a lite-wallet and mobile wallets. But they are close to completion.

Several snapshots ensure the fast synching of nodes and wallets.

Status quo is: The network is running smoothly, as long as enough neighbors are added mutually.




The founders managed to get lots of expertise into IOTA. The first step into real-world-adoption is done with these partnerships.



“Getting the talk going” is IOTA’s mantra to reach out to more experts, for more adoption. (upcoming) (chinese)



Articles about IOTA

This excellent selection shows how far IOTA has come, even without beeing added at exchanges.
Imagine what happens when it is added.

Forbes, Huffington Post and Coindesk are well known and show IOTA’s real real-life range.



As a result of these astonishing accomplishments, it is safe to say: When the day comes, and IOTA is added at exchanges, we will see green needles on trading charts.

Try to compare IOTA to any other blockchain and draw the conclusion: What market-capitalization would fit? I’m looking forward to see your estimate as a comment below!

I personally expect a listing in early 2017, when all testings are done and the ecosystem is grown to a stable environment, where IOTA can prosper.

Have good day,