https://upload.wikimedia.org/wikipedia/commons/0/05/IOTA.jpg
The internet of thing keeps expanding and the need for interoperability and shearing of resources become a necessity. IOTA permits companies to explore new business- to - business models by making technological resources potential services to be traded with no fees on an open market , in real time. 

 IOTA  is backbone and the tangle ledger is the front  end that settles transaction with zero fees with device scan securely verifiably  trade exact amount of resource on - demand , and store data from sensors and  data longgers on the ledger.

Tangle is revolutionary new blokless distributed ledger which is scalable, light weight and transfers value without any fees 
, with tangle consensus is no-longer decoupled but is an intrinsic part pf system leads to adcentralized and self-regulating 
peer to peer network.