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Blockchain in IoT - Everything Explained - The Run Time
Blockchain technology with its bunch of features has presented a number of merits before the IoT industry. Outside the FinTech domain, blockchain has a number of other implementations as well where the IoT stands one in the list. Here we’ll mainly focus on the revolutions that blockchain has made in the IoT industry. Before we dig deep into the applications of blockchain in IoT, let’s first understand what IoT is? Table of Contents What is IoT?Blockchain TechnologySecurityVerificationReduce CostTrackingEasy to Manage & UseMonitorThe final note What is IoT? According to Wikipedia: “The Internet of Things (IoT) is the extension of Internet…