Internet of things is arguably one of the most exciting and talked about emerging technology in 2018 with predictions of the IoT to be more than the headcount of human beings as the century progresses. The notion of millions of connected devices is fascinating and unbelievable, but there is a serious problem; the centralized data storage system and architecture. This is where blockchain might be the only solution to properly managing the internet of things for devices to come in the future. Since blockchain will solve the problem by creating a decentralized system, it will be the tool to bring scalability, security, and privacy to the internet of things for devices. The blockchain technology is already disrupting industries like the energy, finance, e-commerce, and now, it is disrupting this exciting field to create a decentralized peer to peer distributed ledger platform for the Internet of Things. Some companies at the forefront of the marriage of blockchain and IoT are:
Disclaimer: The purpose of this list is not to pick the ” best ” cryptocurrency. The fundamental purpose of this list is to encourage community engagement and intellectual debate among the supporters of different cryptocurrency projects. By bringing supporters of different projects together, we hope to unravel the actual value and sentiment of each project via civilized debates. p.s. Nothing in this article should be treated as financial advice.
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