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FACTS:
To communicate and perform tasks, each device receives an immutable AceID on blockchain, enabling a new world of interactions, executed securely and completely without human intervention.
Integrating blockchain with IoT devices will allow for their automation, supervision and control, and lead to instantaneous communication, which is an essential feature for a variety of industries.
Blockchain automates security and auditability of services, ensures peer-to-peer exchanges and integrity of data flows, and enhances business operations with real-time data over different assets.
In relation to IoT devices and services, blockchain improves the security with a consensus-based mechanism and ensures transparency between parties with an immutable list of data transactions.