The blockchain-enabled intelligent IoT economy
The convergence of AI, blockchain, and IoT
The 21st century would be the “century of complexity” (Stephen Hawking)
I. Setting the stage
The IoT and consumer hardware industry have seen multiple failures and a few exits over the last 12–18 months (while the B2B side has been doing a bit better overall) and some critics have been recently made to the industry to slow down.
In spite though of the current pushback, the sector is still increasing and attracting capital and talents. Clearly, there are multiple reasons on why this is the case, but I firmly believe that one of those is the convergence of IoT and Artificial Intelligence with the Blockchain as the infrastructural backbone, which is unlocking the next step not only on the tech-side but also on the business one.
The industry has indeed evolved from merely creating products, to create networks of products (namely, Internet of Things), to eventually create Intelligent networks of products (I-IOT). The…
