IoT

IoT

The Internet of things (IoT) describes physical objects (or groups of such objects) with sensors, processing ability, software and other technologies that connect and exchange data with other devices and systems over the Internet or other communications networks. Blockchain decentralized networks are used in internet of things networks to make them more secure, robust, and efficient. Blockchain technology also helps to reduce the overall costs of running IoT systems as compared to the centralized databases.