The Blockchain-Enabled Intelligent IoT Economy
In spite though of the current push back, the sector is still increasing and attracting capital and talents. Clearly, there are multiple reasons as to why this is the case, but I firmly believe that one of those reasons is the convergence of IoT and Artificial Intelligence with Blockchain as the infrastructural backbone, which is unlocking the next step not only on the tech side but also on the business side.
The industry has indeed evolved from merely creating products, to create networks of products (namely, Internet of Things), to eventually creating Intelligent networks of products ( I-IoT). The transition between the first and the second class was straightforward: it was enough to create more and different products and link them together. This generated many new possibilities, but it was clear from day one that it came with a series of issues hard to tackle, such as security/privacy, validation/authentication, and connectivity bottlenecks.