Companies have found that IoT partners well with a host of other popular enterprise computing technologies of late, and blockchain – the innovative system of distributed trust most famous for underpinning cryptocurrencies – is no exception. Yet while the two phenomena can be complementary in certain circumstances, those expecting an explosion of blockchain-enabled IoT technologies probably shouldn’t hold their breath.
Blockchain technology can be counter-intuitive to understand at a basic level, but it’s probably best thought of as a sort of distributed ledger keeping track of various transactions.
