9 Real-life Blockchain and IoT Use Cases
When paired, blockchain and the Internet of Things (IoT) have the ability to revolutionize industries and the way we live. Each day seems to bring a new blockchain IoT use case, whether it be for the health, financial, automotive, or food industries. It is believed that in 2019 20% of all IoT devices will be built on blockchain. The following are just a few of the blockchain and IoT use cases being developed today.
1. Clinitraq Pairs with NetObjex for Smarter Radiation Dosimetry
Organizations involved: Clinitraq, NetObjex
Project status: The product appears to be completed, and the demo can be requested on Clinitraq’s website.
Sources: NetObjex’s case study
Clinitraq is a healthcare company that is currently building a dosimeter utilizing NetObjex IoT-Blockchain Platform. Dosimeters are badges that measure radiation levels its wearer has been exposed to. Current dosimeters can take between 30 to 60 days to provide results, whereas Clintraq’s dosimeter can provide results in real time. This is extremely beneficial to people who work in health or science as it helps to eliminate the risk of being exposed to too much radiation. As it is linked to NetObjex’s IoT-Blockchain Platform, data can be tracked, and firmware updates can be administered through the cloud.
2. Telstra Brings Biometrics to Blockchain
Organizations involved: Telstra
Project status: Telstra introduced its IoT network in 2017. Since then, the company has been working to release a wide variety of products utilizing IoT.
Sources: Article concerning Telstra’s IoT network
Australian telecom company Telstra is using blockchain paired with IoT to make its smart home system safer. As most smart homes currently rely on mobile apps for control, a device infected with malware can lead to nefarious actors gaining control. By uploading biometrics, such as face or fingerprint recognition, into a blockchain, Telstra provides a safer and more secure network.
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