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Published on Jun 15, 2022

Internet of Things


Internet of Things or IoT refers to the interconnected network of sensors, devices, and software that collectively work by exchanging data with one another to get a unified outcome.

Over the years, IoT has expanded its horizon to various use cases including consumer electronics, manufacturing, transportation, healthcare, and other industries. For instance, taking into account a self-driving car with its cameras and LIDAR and radar sensors backed by a superior road infrastructure can offer unprecedented road safety.

Some crypto projects specifically focus on IoTs. One of the most prominent ones includes IOTA which strives to create a blockchain network for fast transactions with zero fees. This would enable IoT devices to not only exchange data but core information within the blockchain.

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