Two years ago Gartner claimed there will be over 25 billion smart devices in use by the year 2020; 2013 saw Cisco says the global internet of things market will be worth approximately £14.4 trillion by 2022.
With this gargantuan industry looming on the horizon, the tech community is awash with fears over how we're going to keep these IoT networks secure.
Never fear - it turns out that blockchain may have valuable uses well beyond Bitcoin and cryptocurrency. The following infographic offers an explanation of what blockchain is, how it works, and why any CISO worth his or her salt should be brushing up on their blockchain knowledge as the IoT revolution takes hold...
— Jeremy Coward, Community Manager, IoT World News
Want to learn more about how blockchain is penetrating the IoT market? There's an entire track dedicated to blockchain at Internet of Things World 2017 in Santa Clara this May.
The global IT, BPM and consulting company Wipro has announced that it has joined the Industrial Internet Consortium, the "global, member-supported organization that promotes the accelerated growth of the industrial internet of things (IIoT)".
The internet of things market is growing exponentially, in value as well as size, and the value of the smart building market is growing in tandem. How can companies on the buy and sell sides take advantage?