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.

Key takeaways
  • 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

  • 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

  • Connected vehicles are becoming “smartphones on wheels” - collecting massive amounts of data and requiring secure ways to communicate with other vehicles and infrastructure

  • Standards and interoperability between different protocols and systems are crucial challenges that need to be solved for widespread machine-to-machine adoption

  • Privacy and data ownership are key concerns - users should maintain control over their data while enabling selective sharing and monetization

  • Physical infrastructure (like EV chargers, IoT sensors, mobile hotspots) can be tokenized to enable automated micropayments between machines

  • Edge computing and embedded blockchain solutions are emerging to allow direct device-to-device communication without relying on cloud infrastructure

  • Web3 and decentralized technologies aim to give users more control compared to current centralized Web2 models

  • AI integration with blockchain can provide auditability and explainability for automated machine decisions

  • Real-world asset tokenization creates digital twins of physical objects, enabling new business models around shared infrastructure and machine-to-machine commerce