Brazil Tests 5G Tech for IoT-Fueled Blockchain Integration – TokenMantra
Blockchain technology is being integrated with the Internet-of-Things (IoT) across sectors of the economy. From the tracking of the supply chain to financial applications, several analysts agree that the blockchain’s capabilities should increasingly be integrated with the inter-connectivity between devices in a new digital economy in which machines will make payments to other machines.
One of the first presentations of a proof-of-concept in this field was made in June between the IOTA Foundation and global automaker Volkswagen during the Cebit 18 Expo. The application, which is dubbed “Update Over the Air,” will allow cars to receive software updates through IOTA’s DLT Tangle protocol safely and quickly.