A new report from research firm Kaleido Insights proposes that two of hottest new technologies — The Internet of Things (IoT) and blockchain — would make a really hot couple.
In IoT, wirelessly connected sensors are embedded in almost everything — refrigerators, auto parts, dog collars, perhaps even cereal boxes.
On the one hand, this means everything can be tracked, inventory-managed and made selectively accessible through a continual stream of signals. This flow of constantly talking objects and devices will help propel businesses away from a product-orientation (sell this car) to a service-orientation (sell the car, but maintain a connection with the car and the car owner).
On the other hand, it means that there is a continual stream of signals for as many as 10 billion connected devices and objects in the next four years, according to some estimates. Needless to say, that’s a huge amount of tracking to identify those Things, verify who owns them, authenticate their interaction with other Things and so on.
Sourced through Scoop.it from: martechtoday.com