The Internet of Things is a fascinating concept that has occupied our minds for decades, only this time around, it’s a reality. IoT opens up a world of possibilities. The benefits are obvious….
…While that is all great, the problem with IoT is that it’s a centralized system, meaning that all devices are connected online inside the cloud. But such communication is far from optimal in case they are only a few feet apart, which is often the case with household electronics. And there is also the fact that, as the IoT becomes more present, it requires a much larger and more complex infrastructure, which will drive the price up, according to Mitch Bailey, who is the head of IT for Assignment Masters. He also points out that the solution might lie within blockchain, which is what Bitcoin relies on today.
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