Since time immemorial, science and technology have continuously evolved. The result of this is that humankind has come up with better solutions to their problems. The last few years have been no different with the advancements in Artificial Intelligence, IoT, blockchain, and data analytics technology, which have changed the way we perceive the world. Now out of all these, let us shed some light onto the two technologies whose convergence is most promising: blockchain and IoT.
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In terms of IoT, we see a lot of successful implementations. From smart homes to agriculture to healthcare and education, there are many sectors being impacted by IoT technology. With security and privacy being some of the major concerns regarding IoT, the technology has reached a new level of stagnation in recent years. Since then, no significant developments have been reported.