Can blockchain promote the rapid development of Internet of thin

1. The analysis of Chongqing jinwowo is as follows:
blockchain can also be naturally combined in the field of Internet of things and logistics
through blockchain, we can rece logistics costs, trace the proction and delivery process of goods, and improve the efficiency of supply chain management
this field is considered as a promising application direction of blockchain.

2. 1. In the typical scenarios of the Internet of things, the distributed ledger based on the blockchain can provide trust, ownership record, transparency and communication support for the Internet of things
2. It should be noted that the community of the Internet of things will develop a private chain in a few years to store transaction information in an extremely safe way. The IOT architecture, which uses centralized servers to collect and store data, can write information into local ledgers and synchronize with other localized ledgers to ensure the security and uniqueness of facts
3. Timestamps are added to all IOT transactions on the blockchain to ensure the availability of future generations
4. The real innovation of blockchain lies in digital protocol or smart contract, which can be applied to blockchain data and implement commercial terms in IOT communication
5. Blockchain with high-end encryption technology can solve security problems.

3. Bitbox has developed a mobile phone system based on blockchain and Internet of things technology. Using blockchain technology, it can provide direct transaction of trust free intermediary, and using blockchain technology to build a distributed network of intelligent devices, which verifies the feasibility of decentralized Internet of things architecture.

4. Blockchain technology can be applied in many instries. However, blockchain technology is still developing. Just like the Internet in the early days, some speculators will fish in troubled waters. However, I believe that the development of blockchain technology will make people's life more convenient
the application of blockchain + Internet of things reminds me of a project called int that I paid close attention to before. The direction is the same. I feel that the landing opportunity is quite big. You can learn about it
in addition, not only the Internet of things, but also in the field of social e-commerce, the application of blockchain technology is more convenient, and SEC social e-commerce chain is one of them. SEC projects across the two major areas of blockchain and social e-commerce, there is a dividend of rapid development. The market share of social e-commerce continues to expand, with an annual growth rate of more than 50%. Only wechat has more than 36 million employees and more than 200 million consumers. SEC has the opportunity to become one of the applications with the most users, and its potential commercial value is immeasurable.

5. With the rapid development of the Internet of things, it can be predicted that every item will proce huge data after the Internet of things. Big data processing and frequent changes in the amount of data can not be undertaken by any central organization. Decentralization has become an inevitable trend. The decentralization of blockchain can simplify the data analysis process and a lot of data interaction, and solve the problem of data overload.

6. Bitbox summarizes that blockchain can solve several problems of Internet of things. Rece the operating costs of the Internet of things. Solve the problem of privacy protection of Internet of things. Building a new business model with blockchain