The Internet of Things (IoT) is a network of physical objects, also known as “things” that are integrated with sensors, software, and other technologies to connect and exchange data with other devices and systems over the internet.
These devices are increasingly being used for consumer purposes, such as connected vehicles, home automation, wearable technology, connected health, and remote monitoring-capable appliances. This integration of physical objects with computer-based systems through IoT can lead to improvements in efficiency, reduced human exertion, and economic benefits.
IoT technology can be integrated with private blockchain networks to create secure, tamper-resistant records of shared transactions. The SourceLess Hybrid Blockchain is a platform that allows businesses to share and access IoT data without the need for centralized control and management. Unlike a new internet, the SourceLess platform provides a faster web with maximum security through distributed ledger technology (DLT).
In summary, IoT technology has the potential to integrate physical objects with computer-based systems, resulting in various benefits such as efficiency improvement and economic gains. The SourceLess Hybrid Blockchain offers a way for businesses to share and access IoT data securely, without the need for centralized control and management, thus ensuring maximum security and speed for all.
