IBM Looks to the Blockchain for the "Internet of Things"
Computer and software conglomerate IBM has unveiled its plans for ADEPT, an Internet of Things system based on the blockchain technology behind bitcoin. IBM's draft paper for ADEPT explains: "Applying the blockchain concept to the world of [Internet of Things] offers fascinating possibilities. Right from the time a product completes final assembly, it can be registered by the manufacturer into a universal blockchain representing its beginning of life. Once sold, a dealer or end customer can register it to a regional blockchain (a community, city or state)." The system is to be a co-venture....
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