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3 real-world IoT smart contract use cases prove blockchain benefits
Like every wave of buzzwords, the reality is usually different from the hype. Sometimes reality is better, and sometimes it's disappointing.Blockchain has been riding this curve -- particularly in the IoT space, where smart contracts use cases can be implemented to facilitate the sharing of services and resources in a distributed network. They're talked about, but just how ubiquitous are they?"Smart contracts are everywhere, and there's a lot of demand for smart contract capability," said Martha Bennett, analyst at Forrester Research. Implementations range from comparatively simple triggers, such as taking actions if temperatures detected by IoT sensors in a given environment change, to automating complicated rules, she added.
ALAN R. EARLS
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