IoT – Internet of Things: Distributed Ledger Technology is an enabler of trust for the Internet of Things; at a product level, and across the ecosystem of users and stakeholders. Blockchain can be used in tracking large volumes of connected devices, along with the processing of transactions and coordination between them.
An ecosystem built upon blockchain is more resilient for IoT devices to run on and can eliminate single point of failure. Improved Security and user authentication are key benefits for these systems. Explore IoT suppliers.