IBM Executive Highlights Block Chain’s Utility for Internet of Things

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Precisely what the so-called “Internet of Things” will look like five or ten years from now is difficult to say, but it’s not out of the question that a block chain may be behind some of the next-generation technologies that companies like IBM are developing in order to build what may also be called the connected economy.

Regardless of the phrase or buzzword, the concept envisions a world in which all devices, places and people are interconnected networks, sharing data and information at lightning speeds among one another. Mobile devices, smart appliances, vehicles, even homes – the Internet of Things may come to be known as the Internet of everything in certain areas of the world decades from now.

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