From smartwatches to smart global logistics, here’s how IoT can have a bigger real-world impact

The emergence of decentralized technology stacks in IoT will save companies from privacy breach, revolutionize commerce and enhance the security around data gathering, guided by smart contracts. We all have “things” — devices that sense, collect and send data to the internet making these devices accessible to other devices. The internet-of-things (IoT) is the advancement of information and technology, which has truly evolved smart systems driven by data, artificial intelligence and machine learning.