IoT & Embedded Technology

Blockchain & IoT: Turning Robots into Market Agents
by Roy Murdock and Steve Hoffenberg, with Chris Rommel, September 2016spacer

Inside This VDC View
Blockchain has evolved from its cryptocurrency roots, making its way into the financial services industry, and more recently, into IoT-related projects. This VDC View details the ways in which blockchain technology is being used for IoT applications and provides an analysis of four blockchain-enabled projects: Hyperledger, Ethereum, ADEPT, and Filament. The view also examines the benefits and drawbacks of using blockchain for IoT and concludes with several recommendations for how businesses in the IoT space can stay informed and/or leverage blockchain technologies intheir products and technology stacks.

What questions are addressed?
spacerArrow What are some of the most popular blockchain-based networks, and why have they gained traction?spacer
spacerArrow What blockchain-specific protocols can be used for IoT applications?
spacerArrow What strategies can vendors use to take advantage of this new technology?
spacerArrow What are the advantages/disadvantages of using blockchain for IoT?
spacerArrow What are the barriers to blockchain adoption?

VDC Views provide ongoing insight into key technology market trends related to hardware, software, tools, and services. Among the topics likely to be explored are noteworthy startups, mergers and acquisitions, security system development best practices, IoT monetization strategies, and more.

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Number of pages: 10
Number of exhibits: 1
Companies mentioned in the report:

  • IBM

  • Samsung

  • Verizon