Cryptocurrency start - up IOTA has stated that it has no formal partnership with Microsoft , despite an announcement in November that they 'd teamed up to create a publicly accessible data platform for the internet of things ( IoT ) . It said Microsoft 's involvement is as a participant , not a partner . Still though, one can’t help but feel that IOTA could have communicated the precise details of this collaboration more clearly. However , the two companies are reportedly working together on a series of collaborative exercises with IOTA 's Tangle distributed ledger tech .
Cryptocurrency start - up IOTA has stated that it has no formal partnership with Microsoft , despite an announcement in November that they 'd teamed up to create a publicly accessible data platform for the internet of things ( IoT ) . It said Microsoft 's involvement is as a participant , not a partner . However , the two companies are reportedly working together on a series of collaborative exercises with IOTA 's Tangle distributed ledger tech .