As the worlds of IoT and blockchain merge, new and transformative case studies are revealed almost daily — and sometimes at global scale. Some of these are what-if revelations, while others are already ticking along. But of course, technology has always been part practical, part audacious.
Together, IoT and blockchain technologies are already raising the bar for our expectations of efficiency. From better crop growth predictions and on-the-fly soil moisture analytics to streamlined milk supply chains and oil tanker instrument tracking, IoT and blockchain are showing great potential for better systems, across any number of industries, both individually and as they overlap.
IoT and blockchain for supply chains: “Essentially, the connected sensors collect irrefutable evidence as to how the milk has been handled at each stage in its journey. Because the sensors automatically collect and transmit data to the blockchain, there’s no chance of recording incorrect data. Instead, the information is accurate, timely, and non-partisan.” — IBM
“Whether it is the corrupt official who takes kickbacks for authorizing development in the rainforest or a clerk who asks for a bribe to register a small plot, corruption can endanger livelihoods, promote inequality and distort markets.” — Transparency.org
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