{"id":535,"date":"2020-12-04T08:28:26","date_gmt":"2020-12-04T08:28:26","guid":{"rendered":"http:\/\/tablutech.co.mz\/?p=535"},"modified":"2021-09-27T05:57:33","modified_gmt":"2021-09-27T05:57:33","slug":"the-blockchain-enabled-intelligent-iot-economy","status":"publish","type":"post","link":"https:\/\/tablutech.co.mz\/pt\/2020\/12\/04\/the-blockchain-enabled-intelligent-iot-economy\/","title":{"rendered":"The blockchain-enabled intelligent IoT economy"},"content":{"rendered":"
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I. Setting the stage<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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T<\/span>he IoT and consumer hardware industry have seen multiple failures and a few exits over the last 12\u201318 months (while the B2B side has been doing a bit better overall) and some critics have been recently made to the industry\u00a0to\u00a0slow down<\/em><\/a>.<\/p>

In spite though of the current pushback, the se<\/span>ctor 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.<\/p>

The industry has indeed evolved from merely creating\u00a0products<\/strong>, to create\u00a0networks of products<\/strong>\u00a0(namely,\u00a0Internet of Things<\/em>), to eventually create\u00a0Intelligent networks of products<\/strong>\u00a0(I-IOT<\/em>). The transition between the first and the second class was straightforward: I will create more (different) products and try to link them together. This generated many new possibilities, but it was clear from day one that it came with a series of issues hard to tackle, such as security\/privacy issues, validation\/authentication problems, and connectivity bottlenecks.<\/p>

And this is where AI and Blockchain come in. The second transition indeed was made possible through a combination of improvements in computing powers, device miniaturization, ubiquitous wireless connectivity and efficient algorithms (Porter and Heppelmann, 2014). The new class of smart products will be (and already are, to some extent) able to\u00a0monitor<\/strong>,\u00a0control<\/strong>,\u00a0optimize<\/strong>, and\u00a0automatize<\/strong>\u00a0processes and products with an accuracy previously not imaginable.<\/p>

Of course, as often happens, the bonus on integrating those fundamental technologies was that they ended up modifying IoT as much as IoT was impacting them in turn.<\/p>

This convergence is however not accidental, but rather an inevitable necessity almost designed by default:<\/strong>AI needs data, IoT needs intelligence and insights, and both of them need security and transparent marketplaces.<\/p>

The magnitude of this convergence is so high that will affect several sectors swinging from energy and manufacturing to home environment, robotics and drones, supply chain, logistics, and healthcare. Every field which is historically\u00a0data-rich but information-poor<\/em><\/strong>\u00a0will be touched (or should I say brutally hit?) by those technologies.<\/p>

I will explore how in the next few sections.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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II. How Blockchain is changing IoT<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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T<\/span>he blockchain as a technology is basically providing the IoT stack with a\u00a0secure data infrastructure<\/strong>\u00a0to capture and validate data. As simple as that. Or at least it is a simple statement that contains three different nuances:<\/p>