Posted on 04/27/2016 3:36:38 AM PDT by jmcenanly
In the next decade, there will be tens of billions of connected devices—from thermostats and cell phones to parking meters and cars. Increasingly, these connected devices that make up the Internet of Things will be imbued with intelligence so that they can not only communicate, but transact, negotiate, collaborate and exchange value.
The Internet of Things needs a Ledger of Things How will we handle this mind-boggling volume of data being transmitted, and do it in a secure way? “The Internet of Things needs a Ledger of Things,” says Alex Tapscott, coauthor with his father, Don Tapscott, of the "Blockchain Revolution", to be published in May. “It needs a way to score what’s talking to what, who owes who money, and reconcile all of that.”
(Excerpt) Read more at newsroom.cisco.com ...
We STILL don’t have many appliances and other devices that change the time at daylight savings time or (in many cases) reset themselves after a power failure. This will be far from universal, and is likely to make more hassle than it resolves.
“The Internet of Things” seems a little stodgy. We need a new, catchy name.
How about...”The Matrix”?
Here is a useful internet of things. You can buy wifi connected bathroom scales. You weigh in and your weight gets sent to your doctors office or some friends you are trying to lose weight with or your spouse or ?girlfriend?...and so on
SKYNET (eventually)
It exists. And it’s a great idea.
I’m in this space. We’re 20 years away from mass adoption. But fun to think about.
I am also heavily in the IoT arena and having a great time promoting it.
The entire concept is insane.
I’d rather live in a cabin in the woods without connectivity.
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