30 Views· 30 January 2023
IoT Services and Solutions for Blockchain initiative
Distributed IoT meets Distributed Ledger technology
The convergence of IoT and blockchain offers various potential benefits and will enable smart devices to operate autonomously without centralized management.
Blockchain and IoT security
IoT network processes data transactions across multiple devices owned and operated by different organizations, making it difficult to identify the source of any data leaks in the event of a cybercriminal attack.IoT can provide the data that is needed to power blockchain applications. For example, a blockchain-based supply chain management system could use data from IoT sensors to track the movement of goods throughout the supply chain. Similarly, a blockchain-based energy trading platform could use data from smart meters to facilitate the trading of energy between prosumers
Blockchain-based IoT Applications
Smart Healthcare
Smart Grid and Utilities
Smart City
Smart Finance
Smart Transportation
Smart Homes
Smart Trade
Smart Lighting
Smart RO
Smart Electric Metering
Smart RFID Door Unlock
Smart Facial Recognition
Smart Anti-Theft Device
Smart Alexa Skill set
Smart Office
Smart Attendance
Smart Access Control
Smart HVAC
Smart Air Quality
Smart Health Device
Smart E-Learning
Smart Retail
Smart Delivery
Smart Parking
Smart GPS Tracking
Smart Polyhouse Farming
IoT and blockchain across industries
IoT and blockchain - from manufacturing and security to ERP and autonomous decision-making
IoT and blockchain - from smart buildings to the energy industry
Use Cases for Blockchain-IoT
convergence involve both product and ecosystem
1- Supply Chain
2- IoT Network Management
3- End User Authentication
4- On Demand/asset-sharing networks
5- Smart Contract & Compliance
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