Feeless transactions can play a role in enabling DeFi, allowing the sector to further develop and grow in importance.
Dominik Schiener is a co-founder of the Iota Foundation — a nonprofit foundation based in Berlin. He oversees partnerships and the overall realization of the project’s vision. Iota is a distributed ledger technology for the Internet of Things and is one of the largest cryptocurrencies. Additionally, he won the largest blockchain hackathon in Shanghai. For the past two years, he has been focused on enabling the machine economy through Iota.