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Blockchain Technology And IoT: What It Is And How It's Driving Development Of New Smart Systems

Solution providers need to be up to speed on emerging technologies as they relate to the Internet of Things. Here's a guide to blockchain technology and why it matters to solution providers.

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Potential IoT Applications

Blockchain and Internet of Things technologies coupled together could enable a variety of applications.

For instance, blockchain and IoT can help provide reliability and reduce complexity in supply chains. If certain packages of perishables are distributed from the warehouse to retail stores, they can be tracked through the Internet of Things for temperature – and blockchain technology will help various groups, including the transportation companies, manufacturers and retail chains, to coordinate their efforts and save time and money and reduce errors.

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