Smart Systems, Internet of Things and Blockchain

  • IoT data and applications are already decentralized and distributed.
  • As of March 15, 2019 , the Shenzhen City blockchain electronic invoicing system has issued more than one million electronic invoices backed with blockchain tech, with the total invoices amounting up to 1.33 billion yuan (around $200 million).
  • Biometric identification and tracking is another big area where IoT and blockchain are expected to converge.
  • The US Government has created its own applications for facilitating travel, trade, and security.

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