IT Brief NZ – Introduction to blockchain: Why IoT and blockchain are a great match
Equinix International Business Exchange, Equinix Australia, Internet of Things, Equinix, IoT, Blockchain, Cisco
These hot topics are so closely linked that people get confused about whether blockchain and Bitcoin are actually the same thing.
But blockchain is simply one of the core technologies behind Bitcoin, and Bitcoin is just one application which leverages blockchain. Blockchain is now emerging as a critical solution in the evolution of other technologies – like the Internet of Things.
The same characteristics that make blockchain essential for cryptocurrencies are what make it so valuable for the IoT.
Blockchain gives users confidence that sensitive and valuable data can fly around global networks and remain completely safe and unalterable. Blockchain enables trust.