Chrisjan Pauw: How Significant Is Blockchain in Internet of Things?

The spotlight was placed back on the Internet of Things (IoT) recently when Bosch, the multinational engineering and electronics company, tweeted on Nov. 12 about their Cross Domain Development Kit (XDK), a programmable sensor device and IoT prototyping platform, in partnership with IOTA.

A number of definitions for IoT exist, of which Ernst and Young (EY) describes it in the simplest terms:
“The Internet of Things (IoT) describes the connection of devices — any devices — to the internet using embedded software and sensors to communicate, collect and exchange data with one another.”

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