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Internet of Things (IoT) are increasingly being used in many devices. The key benefit brought to IoT by blockchain technology is the removal of IoT’s greatest vulnerability: its centralisation. There is a growing demand for provenance and for devices to ‘talk to each other’ e.g., vehicles, IoT devices and blockchains offer some novel solutions to both these challenges.
By James Tylee / Jonny FryInternet of Things (IoT) are increasingly being used in many devices. The key benefit brought to IoT by blockchain technology is the removal of IoT’s greatest vulnerability: its centralisation. There is a growing demand for provenance and for devices to ‘talk to each other’ e.g., vehicles, IoT devices and blockchains offer some novel solutions to both these challenges.