The Internet of Things, an inter-networking of physical devices, vehicles, buildings, and other items that have software, sensors and network connectivity enabling them to collect and exchange data, is continually growing.
As a result, more organizations are realizing the benefits that it can bring particularly in relation to boosting a country’s digital transformation.
Thailand is one such country that is understanding this. So much so, that last month Microsoft (Thailand) announced that throughout 2017 it would see five digital technology trends to help push its digitization to the next level. Of the five, it included the IoT and blockchain technology.
Of course, while it’s nothing new that the Internet of Things and the blockchain may join forces at some point, it seems as though now is the time when things are increasing between the two.