How IoT can benefit from Blockchain Technology

Fintelics
3 min readJun 24, 2021

A Delightful Duo: How IoT can benefit from Blockchain Technology

IoT (Internet of Things) is gaining traction. According to the consulting company McKinsey & Company, the number of businesses employing IoT increased from 13% to 25% between 2014 and 2019. The number of linked IoT devices is estimated to reach 45 billion by 2023, laying the groundwork for future smart cities…

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Fintelics

Software consulting company that focuses on emerging technology such as AI, Blockchain, Cloud Computing, and Data Engineering, MERN Stack, and Fintech