In this article, we will discuss what is blockchain IoT in detail. There are some challenges with the traditional IoT system and blockchain can help overcome them. How? Let’s see.
Blockchain IoT
The Internet of Things IoT networks allows for the creation of networks of sophisticated smart devices such as phones, smart cars, and smart home appliances.
The potential benefits of such networks with connected devices are too many to list here, but examples include everything from allowing homes to learn their occupant‘s behavior patterns so that they can increasingly automate chores such as reordering food, etc., to allowing smart cars to be ready and waiting outside your door to drive to you to work in the morning.
Read more about blockchain IoT usecases in our blog here.
Granted, these examples might be a little way off, but already a huge range of smart devices are availableto consumers. There are roughly 46 billion smart devices of one type or another online …