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07-Oct-2019

Blockchain: Why Should IoT Sensor Producers Care About It?

Blockchain: Why Should IoT Sensor Producers Care About It?

In Industrial IoT applications, blockchain network structures provide distinct advantages compared to a centralized database. With sensor data being transferred to the cloud for processing over complex IoT architectures in the future, and with billions of sensors in tomorrow’s IoT world, data security is essential and the problem of trust remains an issue. But how exactly does a blockchain work, what means distributed ledger and who are TTPs – trusted third parties? And why should IoT sensor producers care about them? Because they would be part of the ideal solution to the problem of trust: trustworthy camera sensors.

Our Vision Campus article explains the terminologies and concepts behind the worldwide phenomenon of blockchain technology, addresses the issue and importance of trust, and provides a possible solution for a truly decentralized trusted-third-party free network.

Read more about this and many more exciting topics in our Vision Campus !