25 Oct '14, 1am

IBM to Unveil Bitcoin Blockchain Internet of Things Proof-of-Concept at CES in 2015: It was

IBM to Unveil Bitcoin Blockchain Internet of Things Proof-of-Concept at CES in 2015: It was

Connecting everyday devices to the internet is not how the internet of things should be handled. In fact, there are many economic reasons that the envisioned internet of things does not involve a cloud back end at all. In order for the internet of things to be effective, say in a “smart house,” the longevity of both the software and the devices themselves is important to the viability of the new system; thus, open-source systems are required. He further extrapolated by suggesting that companies attempting to monetize new business models that feature the internet of things seek to “create little monopolies one at a time.” Similar words were uttered by

Full article: https://www.cryptocoinsnews.com/ibm-unveil-bitcoin-blockc...

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