The Internet of Things (IoT) is creating new opportunities and providing a competitive advantage for businesses in both current and new markets. Recent computer industry developments set the stage for demonstrations of how blockchain can help to turn IoT networks into trusted environments. Information Week brought this interesting news to our attention in their article, “Using Blockchain to Support Trustworthy Transactions on the IoT.

Because the generation and analysis of data is so essential to the IoT, consideration must be given to protecting data throughout its life cycle. Managing information at all levels is complex because data will flow across many administrative boundaries with different policies and intents. Every time we adopt a new smart, connected product, and use it to buy and sell stuff over the Internet, we’re moving more closer to edge commerce.

Intelligent devices will continuously work in and out of our every day lives, configuring, refreshing and optimizing each facet. It will be no time before they become pivotal to how we monetize every one of our assets, especially the data.

Melody K. Smith

Sponsored by Access Innovations, the world leader in taxonomies, metadata, and semantic enrichment to make your content findable.