Can IoT and Blockchain Work Together?

Blockchain has been encroaching into all areas of life for more than five years now. Financial services are at the forefront of blockchain development, but logistics, utilities, security and government services are quickly gaining ground. An ever-increasing focus on efficiency and security make this the technology to watch. However, the interaction between the all-encompassing IoT and blockchain has been the subject of much debate, and this uncertainty is the reason many companies are reluctant to invest in blockchain technology.
Fintech Mobile Application Artistic Representation

Blockchain has been encroaching into all areas of life for more than five years now. Financial services are at the forefront of blockchain development, but logistics, utilities, security and government services are quickly gaining ground. An ever-increasing focus on efficiency and security make this the technology to watch. However, the interaction between the all-encompassing IoT and blockchain has been the subject of much debate, and this uncertainty is the reason many companies are reluctant to invest in blockchain technology.

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