By combining Blockchain and IoT, Blockchain of Things will look to transform the way global business transactions and operations are conducted.
The patent enables a system to use, manage, and control smart devices for the “Internet of Things” by describing key configuration parameters for those devices in a common format like a comma separated values text file format or some other format that is equally simple.
IOTA will soon be opening up an API for the marketplace so that anyone can contribute with their sensors, and build new data-driven applications.
People and things are linked to each other and to computers, providing feedback, and having the ability to transfer data.
In areas where the network already operates, Spark has partnered with users eager to experience the energy-efficient, cost-effective benefits of connecting their devices and receiving the valuable data they provide.