Is Blockchain A Solution For IoT?

With the decentralized nature of blockchain, 46 percent of companies say they are pondering the use of the ledger technology to make IoT deployments more efficient and secure. Their top reasons for pursuing blockchain are reducing the risk for tampering and collusion (15.05 percent), building user trust (13.98 percent), accelerating data transactions (12.9 percent) and reducing overhead costs by removing middlemen and intermediaries (4.3 percent).