IDG Contributor Network: Blockchain ripe for IoT security and monetization
Both the securing of the Internet of Things, as well as the monetizing of it, are roles for blockchain technology, experts say.
In one developing case, the Isle of Man, a self-governing British dependency located just off the U.K. mainland, is testing the use of a blockchain prototype to try to preemptively see-off IoT hacking, according to Financial News, which wrote about the island’s efforts.
The island is a financial center and is looking to expand its offerings through fintech. It’s already involved in digital currency.
To read this article in full or to leave a comment, please click here