The potential of IoT in blockchain An IoT platform enables IoT devices to send data to blockchain ledgers for inclusion in shared transactions with tamper-resistant records. By using IoT in blockchain all participants in a network can verify each transaction, preventing disputes and ensuring each participant is held accountable for their individual roles in the overall transaction.
The blockchain is a peer to peer distributed ledger technology for a new generation of transactional applications which maintains a continuously growing list of cryptographically secured data records that are…