BlockchainIoTmanagement

Distributed Ledger Device Management Platform Prepares for Rise of IoT

As the Internet of Things is on the rise, with devices beginning to be interconnected and ‘Smart Cities’ under development, blockchain technology is likely to become intertwined with it for safety and security purposes, as well as to enable a host of related abilities. IoT is expected to be a $15 trillion market by 2030, yet innovation is so rapid that privacy and data have already been seen to be compromised in digital items.

Wearable device management company and ‘Gartner Cool Vendor’ Augmate has announced the launch of Augmate Connect, a distributed ledger-based IoT device management platform. Augmate Connect is introducing a scalable solution: a blockchain device layer using smart contracts aimed at creating a secure ecosystem for device connectivity.

 

READ MORE OF THE ARTICLE AT CHAIN-FINANCE.COM

Based near Windsor, England, Matthew Warner is an enthusiast for innovative, cutting edge technologies. He is a B.Eng. graduate in engineering with honors from the University of Warwick and also holds an PGCE in education degree. Matthew is a member of Mensa.
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