Top 3 IoT Opportunities For Blockchain Technology

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top-3-iot-market-opportunities-for-blockchainThere are tiers of what people think of when the world ‘blockchain’ comes to mind. Firstly, there’s money and transactions being moved and transacted across a ledger of some sort like Bitcoin has revolutionized. Then there’s a smaller subset of people excited about smart contracts executing on platforms such as Ethereum and Lisk.

What might play an even greater role in the mass adoption and proliferation of blockchain technology in the future could be how it plugs into and streamlines how people and devices interact with one another, otherwise know as the Internet of Things (IoT). One such company forging ahead into the world of IoT blockchains is IOTA, with an innovative new technology known as the Tangle ledger.

Focusing on the machine economy, IOTA’s Tangle ledger allows devices to settle transactions with zero fees. This allows

Read more ... source: TheBitcoinNews

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