Topic: The Power of Blockchain Paired with the Internet of Things (Read 84 times)

Actually, I remember that in the middle of last year they commented on IoT.
Are we finally getting closer to this interaction?
It is an industry totally unexplored and with this allows numerous possibilities.
This image is exciting and makes us believe that nothing is lost yet.
Probably there are countless projects already underway and we are unaware of its beginning and current state.

Very well, with the combine technology of IOT and Blockhain our world became more transparent and offer better security that protects our privacy and data.

Blockchain and IOT adoption is the innovative way to make our life a little better.

Exactly.

DAG type blockchains are the closest potential to make this a reality. I admit though it is still raw and cumbersome but we will get there. Anyway, I have also been following Byzantine Fault Tolerant chain developments. They also have the potential.

The Internet of Things (IoT) is a system used for the distribution of information without the need for human interaction. There, information on computing devices, objects, humans, animals and all sorts of things using a unique identifier can be shared over a network.

At its most basic level, a thing in the Internet of Things can be a patient wired to a heart monitor, a cat implanted with a tracking chip, or a car using sensors to alert drivers when the tire pressure is low. It is an evolved technology achieved through the merging of wireless technologies, microservices, and the Internet.

Let’s look at the traditional methods of health monitoring compared to the IoT-integrated methods in order to achieve a greater understanding. Smartwatches now have the ability to track aspects such as heart rate, physical activity and inactivity, calories burned, and much more. The watch, in this case, would be a human’s unique identifier. The processes and collecting and processing the generated data, which would take a substantial amount of time in the past, are now streamlined through IoT.


The major concerns associated with IoT are security and privacy. Blockchain addresses these issues through its use of a distributed ledger. Blockchain has the ability to track innumerable numbers of smart devices and log the data they collect on either a public or private ledger.

The ledger is shared across all the users of the network, and therefore cannot be altered by a single individual without a general consensus. It runs on cryptographic algorithms which are extremely difficult to decipher, making it practically impossible to hack. Basically, blockchain helps to close the gaps in security associated with IoT.

Where IoT automates the collection of data, blockchain automates its security and authenticity. As shown by OpenLedger, blockchain paired with IoT can bring substantial benefits to various industries: