Disentangle Hype From Reality: Blockchain's Potential For IoT Solutions

Blockchain technology and the internet of things (IoT) both are currently catching the imagination of many interested stakeholders. Both the IoT and blockchain are based on decentralized, distributed approaches; in combination, they potentially offer huge benefits from operational efficiencies to revenue generation. While these benefits will not emerge overnight, CIOs and CTOs need to acquaint themselves now with the possibilities as well as the challenges of blockchain technology in the IoT context. This webinar will help technology and business leaders assess how blockchain technology fits in their IoT plans.

Agenda:

• Conceptually, blockchain technology is a good match for IoT scenarios. IoT applications are by definition distributed and call for devices to interact directly with each other rather than via existing centralized models.
• Blockchain has the potential for improved IoT features, cost-efficiency, and compliance. Blockchain is not an end in itself, but forms the basis for applications, including potentially smart contracts that support specific IoT processes.
• It’s still the early days for blockchain in IoT scenarios. While the potential is great, the technology is still in its infancy. That’s why experimentation and pilot projects are so important.

Vendors metioned: Algorythmix, Chimera, Ethereum, Filament, GE, Guardtime, IBM, IOTA, Kouvola Innovation, Nuco, and Swirlds.