Are you familiar with the term "fog computing?" This is one of the main reasons for which IOTA was created. The term was invented by Cisco and since then there

Are you familiar with the term "fog computing?" This is one of the main reasons for which IOTA was created. The term was invented by Cisco and since then there has been a lot of effort to come up with a solution. How do you achieve fog computing with no means of transaction of value? Devices will need to pay each other for resource sharing, be it computing power, storage, data, or electricity. Your neighbors will not provide resources to you if you cannot pay them. The problem with centralized payment systems is that they are not permissionless. If you hook your IoT device to your VISA card, your device needs to establish a connection with VISA every time it needs to make a payment, and you need your counterparty to accept payments from VISA. In addition, a large percentage of IoT transactions will be microtransactions. A centralized payment system will have to process insane amounts of transactions whose value are << $.01. IOTA flash channels allow for the streaming of data and payments in real time. A unique property of IOTA is that it is partition-tolerant. Offline nodes can form local subtangles and attach them to the main tangle once internet connection is restored. This is impossible with a centralized payment system. Finally, IOTA is just as much a data transmission protocol as it is a payment protocol. Data transmission on the tangle helps data become more tamper-proof, another important issue in the world of IoT.