How Blockchain is Revolutionizing the Internet of Things (IoT)

Introduction:
The Internet of Things (IoT) and blockchain technology are two of the most revolutionary breakthroughs that have the potential to revolutionize the digital world of today. Blockchain technology protects the security, integrity, and transparency of data, whereas the Internet of Things (IoT) makes it possible to link devices, objects, and systems to the internet for the purpose of exchanging data. These two technologies, when coupled, produce a tremendous synergy that has the potential to overcome some of the most significant difficulties that the Internet of Things (IoT) is now facing, particularly in terms of trust, scalability, and security. This article examines the ways in which blockchain technology is being incorporated into the Internet of Things environment, as well as its potential advantages, applications in the real world, and the obstacles that it must overcome.

What is IoT and Blockchain?

A network of physical things or devices that are implanted with sensors, software, and other technologies in order to collect and exchange data over the internet is referred to as the Internet of Things (IoT). Internet of Things (IoT) technologies are expanding at a frenetic rate, connecting billions of objects all over the world. When it comes to providing…