IOT wave

As times goes on IOT will continue to increase its pervasiveness into our homes, businesses, our shopping malls, and other environments where we spend our time. Every year we’re seeing more and more electronic devices that are connected with one another and they’re sharing data with each other. There are many potential benefits from this information exchange. Aside from just being outright convenient, by big data collection and then processing via AI, we can make use of this data in ways that can increase energy efficiency, improve health outlook, improve efficiency in waste reduction in big cities.

The IOT wave is just beginning and technologies such as Dxchain are paving the way to wide spread big data adoption on blockchain via decentralized storage and computing power. Internet of things device management is a delicate process of verifying, processing, configuring, ongoing monitoring and maintenance. In order to manage a device well, there needs to be ongoing support by its respective company. Imagine an industry such as medical record keeping and that respective company goes out of business, what happens to ongoing support and what happens to the individuals that were relying on them for the support. Everyday customers are constantly faced with unexpected device malfunction as well as just general obsolescence and landfills are being filled with IOT scrap metal. In this day and age, a lot of consumer IOT devices that are interconnected are sold as individual devices, such as an individual wearable such as the Fitbit. Instead, there should be some sort of cross device communication protocol such as Bluetooth but with lower health risks. While we have the data storage and distribution backbone solved out with solutions such as Dxchain. For example if you bought a fitbit and you bought a sleep tracker, those two devices don’t have a hardware means of communicating with one another and the data from both devices can be processed in related meaningful ways to create new health insights into your body.

One thing Apple has done well is make their devices communicate with one another seamlessly without any issues with drivers or hardware short comings. This approach will need to be taken with IOT if it is to succeed properly. While decentralization is the key and solution for many of today’s issues, there still needs to be some uniformity in order for seamless deployment. Think about the Apple Ipod, it wasn’t anything revolutionary, there were several iterations of mp3 players before the Ipod, however it was its ability to seamlessly integrate with the software and ultimately the user experience was simple and straight forward, this is the type of environment needed

not only with IOT but blockchain in general. We’re still very much in the infancy stage of blockchain, in the 1999 dot com boom at least the TCPIP protocol layer had already been decided upon, right now protocol layers haven’t even been decided upon. While we should be excited for the future, we still may have some time to ago, perhaps another 5-10 years before we see mass adoption of these technologies.

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