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Building the Machine-to-machine-based “Internet of Value”
Learn how blockchain and IoT enable autonomous machine payments, data sharing, and asset tokenization to build a decentralized Internet of Value with automated commerce.
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The Internet of Things (IoT) is rapidly growing, with forecasts of over 90 billion connected devices in the coming years, driving the need for machine-to-machine communication standards
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Blockchain technology enables machines to have their own identity and make autonomous payments, acting as a permanent record and trust layer for machine-to-machine interactions
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Connected vehicles are becoming “smartphones on wheels” - collecting massive amounts of data and requiring secure ways to communicate with other vehicles and infrastructure
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Standards and interoperability between different protocols and systems are crucial challenges that need to be solved for widespread machine-to-machine adoption
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Privacy and data ownership are key concerns - users should maintain control over their data while enabling selective sharing and monetization
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Physical infrastructure (like EV chargers, IoT sensors, mobile hotspots) can be tokenized to enable automated micropayments between machines
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Edge computing and embedded blockchain solutions are emerging to allow direct device-to-device communication without relying on cloud infrastructure
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Web3 and decentralized technologies aim to give users more control compared to current centralized Web2 models
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AI integration with blockchain can provide auditability and explainability for automated machine decisions
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Real-world asset tokenization creates digital twins of physical objects, enabling new business models around shared infrastructure and machine-to-machine commerce