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The technology with the internet is continuously evolving which has brought significant changes in the lives of the people and it is even more fascinating to imagine what the future has in store for us. Living in the technological era we are surrounded by the technologies that are disruptive in nature still has the potential to transform our everyday lives. Blockchain and Internet of Things (IoT) have been the most prominent advent till date.

According to Intel by 2020 there will be about 200 billion devices connected to each other. IoT has blown up creating a tremendous impact on devices like wearables, smart homes, cars, smart cities, manufacturing facilities, farms, healthcare devices. But there will always be a concern for security and safety when it comes to so many devices working on their own with the help of internet.

The current ecosystem of IoT is governed by centralized security model and data management model which is very common in the enterprise today. All the devices hence connected to the internet can overload the servers and make devices vulnerable to cyber-attacks. Decentralizing the data and improving the connectivity between the devices are the options to overcome the problems which can be seen feasible …

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