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What is Internet of Thing (IoT)

Industry Use Cases on Blockchain Technology Applications in IoT and the Financial Sector
It refers to a network of inter-connected intelligent objects (computers, sensors, devices that have embedded processors, smart phones, etc.). These objects communicate with each other and transmit data between the connected smart devices.
Published in Chapter:
Blockchain Technology in the Automotive Industry: Use Cases and Statistical Evaluation
Atakan Gerger (Ege University, Turkey)
DOI: 10.4018/978-1-7998-6650-3.ch012
Even though the automotive industry was among the key players of the industrial revolution in the last century, striking transformations experienced in other sectors did not have significant repercussions on this industry until a few years ago. However, general advancements in technology and Industry 4.0 have presented new opportunities for the reconfiguration of the business environment. Developments in cryptocurrencies such as bitcoin, in particular, have attracted the attention to what is known as blockchain technology. Several successful examples of blockchain applications in different industries have tempted the automotive industry to be rapidly involved with efforts in this direction. As a consequence, the application of the blockchain technology to highly diverse areas in the automotive industry was set in motion. The purpose of this chapter is to explore the application of blockchain technology in the automotive industry, to analyse its advantages and disadvantages, and to demonstrate its successful in general.
Full Text Chapter Download: US $37.50 Add to Cart
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Entrepreneurship and Big Data
The inter-networking of physical devices, vehicles, buildings, and other items embedded with electronics, software, sensors, actuators, and network connectivity that enable these objects to collect and exchange data and send, receive, and execute commands. According to the Gartner group IoT is the network of physical objects that contain embedded technology to communicate and sense or interact with their internal states or the external environment.
Full Text Chapter Download: US $37.50 Add to Cart
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