Foundations of Blockchain

Blockchain in the Internet of Things (IoT)

Many companies in the field of IoT, such as Filament, Xage, and even IBM's Watson platform, are looking for alternative techniques to achieve better connectivity and storage. The introduction of blockchain has motivated these firms to converge IoT and blockchain, and many have already successfully integrated them, gaining benefits over existing implementations.

As blockchain promises to provide a foundation for autonomous products, it guarantees to produce the Internet of Trusted Things (IoTT). Some of the reasons to merge blockchain with IoT are to build trust between devices, reduce costs, and increase transaction speed. IoT, by definition, is distributed, which makes it easier to adopt use cases ...