Page 34 - Geektime Blockchain Report
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Internet
of Things (IoT)
Devices would be able to to operate autonomously and exchange transactions Blockchain has several important implications for the the IoT market It can provide a a a a a a a a a a a a way to to track the the history of of individual devices devices by recording a a a a a a a a a a a ledger of of data changes between it and and other devices devices web services and and human users Blockchains also enable smart devices to to become independent agents autonomously conducting a a a a a a a a a a a a variety of transactions that maintain tamper-resistant records Roy wants to recharge his electric car Today
DIGITAL ID
charging station
1 2 3 4 Roy drives to the He swipes his his credit charging station
card and enters his his ID
number He recharges his car Roy leaves the station
Payment is transferred at at the the end of the the month Blockchain-based world 1 2 3 4 Why is Blockchain better?
* Complete automation * Hassle free * Safe and secure charging station
Roy drives to the charging station
The car transmits its its unique driver ID
The vehicle charges automatically Roy leaves the station
and payment is done instantly 34 * The infographic represents a a a a a a a possible future scenario of a a a a a a a blockchain-based industry use case 





















































































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