Integration of Blockchain Technology and Internet of Things
Aman Kumar Dhiman, Ajay Kumar · 2023
Blockchain and the Internet of Things (IoT) are two of the most talked about technologies in the world today. Blockchain is a distributed ledger technology that makes it possible for two or more parties to conduct safe, transparent, and immutable transactions. The IoT is an advancing technology that has the ability to completely change how we connect with our surroundings. IoT is a system of interconnected devices that can talk to one another and share information. These two technologies working together might transform a wide range of sectors, including banking and healthcare. A secure, decentralized network for data exchange and device connection may be made using blockchain and IoT together. We have discussed the role of blockchain in IoT and the role of IoT in blockchain. With the help of this, an autonomous system that allows for device interaction without human intervention might be built. By combining these two powerful technologies, we can create an entirely new way of managing data and communication that is more secure, efficient, and cost-effective than traditional methods.