Blockchain of Things — cool things happen when IoT & Distributed Ledger Tech collide

#News(General) [ via IoTForIndiaGroup ]

Blockchains, however, are not a silver bullet, and there are various issues that will have to resolved before they can fulfil their potential.
The main issue is the relatively slow processing speed, and the current generation will find it very hard to scale to handle the mass of signals. Network transaction fees also become problematic for services which require high volumes of micro-transactions. There is a lot of promise in newer (but still relatively untested) architecture — Directed Acyclic Graphs. The ambitious and elegant IOTA protocol (of which discussion is beyond the scope of this article!) is leveraging this and if executed properly, could do away with concerns around scalability, miners and fees.

First off, let’s lay out a couple of quick and basic definitions:
IoT — the interconnection via the Internet of computing devices embedded in everyday objects, enabling them to send and receive data.
Blockchain — an encrypted, distributed computer filing system designed to allow the creation of tamper-proof, real-time records.
Merge them together and in theory, you create a verifiable, secure and permanent method of recording data processed by “smart” machines. This network of interconnected devices will be able to interact with their environment and make decisions without any human intervention.
Infrastructure
A number of projects are also setting up inventive new infrastructure for IoT ecosystems. They are looking to improve interoperability between devices.
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SmartMesh — IoT protocol that enables smartphones, onboard devices and others to connect to each other without the Internet.
Marketcap — $77 million
Holders — 7,200
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IoT Chain — decentralized infrastructure where users information and decentralized have no central point of collection
Marketcap — $62 million
Holders — 7,600 holders
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RuffChain — trusted interoperability and paid interoperability between different IoT device systems, using these devices’ computing power to build an open ecosystem.
Marketcap — $61 million
Holders — 4,800 holders
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Internet Node Token — reliable data source for all kinds of distributed IoT applications and industrial ecology with a secure, confidential and trustless infrastructure
Marketcap — $35 million
Holders — 19,500 holders
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VeChain — linking blockchain and products by deploying trackers and micro-chips into a wide range of products, from wine to designer handbags
Marketcap — $1.95 billion
Holders — 66,300
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WaltonChain — tracks products during each step of the production and distribution processes.
Marketcap — $382 million
Holders — 22,000
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Ambrosus — aims to improve global food supply chains by creating an ecosystem where the entire history of products is recorded and commercial transactions can be executed
Marketcap — $74 million
Holders — 7,000
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Wabi — Linking digital and physical assets through RFID labels with anti-counterfeit functionality.
Marketcap — $52 million
Holders — 13,100
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Modum — combines IoT sensors with blockchain technology, providing data integrity for transactions involving physical products.
Marketcap — $49 million
Holders — 11100
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