Distributed Ledger Technology is often paired with the Internet of Things to get some interesting and automatic features in the real world, also registered and handled digitally. IoT devices are physical objects designed to connect to the Internet and can also perform effectively on a distributed network. Blockchains weren’t really built to face challenges like high energy costs or lack of needed speed.
Track and Verify Assets The journey of any commodity or asset from its origin to its final destination is long and complex, and it could be full of issues in the middle. This is especially true when the safety or authenticity of the product is essential for final consumers, and it could be tampered with before it reaches them. Luckily, decentralized networks can be paired with IoT devices to track and verify any product across the supply chain, assuring its final quality.