IoT and Blockchain
convergence for
a smarter society

Society in the future will be hyper-connected and digital innovation will be continuously reintegrated into global economic systems. New technology will be enabled by an appropriate combination of blockchain (which has its value as a cryptocurrency) and the IoT.

Blockchains and cryptocurrencies are expected to serve as reliable, secure, and efficient transaction instruments for the growing Internet of Things [IoT] environment.

To succeed, it is also necessary to identify, authenticate and map to the appropriate device to ensure everything is in a connected environment with pre-approved privileges, and to provide identification functions to handle requested tasks securely.