It’s February 2022, and the world looks a lot different than it did just a few years ago. A global pandemic that continues to ravage the world has fundamentally transformed just about everything, from the way we live, the way we connect, and the way we envision the future. No industry exemplifies these changes more than the blockchain space. A now decade-old technology has experienced tremendous growth and publicity in the past two years. Marketplaces selling digital assets (Non-Fungible Tokens, or NFTs) have exploded in popularity. Projects that promise to take power from the hands of Big Tech and give the internet back to the people (Colloquially known as Web3) have sprung up and made leaps and bounds. Venture capital is pouring into the space at unprecedented rates.
Meanwhile, in another corner of the universe, IoT companies want to fundamentally transform the way we connect with things and the world around us and promise us that the world, in the near future, will be more interconnected, more data-centric, and more informed than ever before. What happens when the blockchain industry, a seemingly unstoppable force, meets the immovable object that is the IoT industry?
They intersect. And it’s fascinating to watch.
To understand why these two technologies have so much overlap, it’s essential to understand what blockchain is as a technology, the properties that make it uniquely suited to tackle certain challenges, and the context that has made it such a promising field.
Continue reading: https://www.iotforall.com/iot-blockchain-revolution-is-here-heres-why-you-should-pay-attention
Meanwhile, in another corner of the universe, IoT companies want to fundamentally transform the way we connect with things and the world around us and promise us that the world, in the near future, will be more interconnected, more data-centric, and more informed than ever before. What happens when the blockchain industry, a seemingly unstoppable force, meets the immovable object that is the IoT industry?
They intersect. And it’s fascinating to watch.
To understand why these two technologies have so much overlap, it’s essential to understand what blockchain is as a technology, the properties that make it uniquely suited to tackle certain challenges, and the context that has made it such a promising field.
Continue reading: https://www.iotforall.com/iot-blockchain-revolution-is-here-heres-why-you-should-pay-attention
