jorui的博客

How Blockchain Can Be Used Over the past two decades, the Internet, cloud computing and related technologies have revolutionized many aspects of business and society. These advances have made individuals and organizations more productive, and they have enriched many people’s lives. Yet the basic mechanics of how people and organizations forge agreements with one another and execute them have not been updated for the 21st century. In fact, with each passing generation we’ve added more middlemen, more processes, more bureaucratic checks and balances, and more layers of complexity to our formal interactions–especially financial transactions. We’re pushing old procedures through new pipes. This apparatus–the red tape of modern society–extracts a “tax” of many billions of dollars per year on the global economy and businesses.

The Internet of Things (IoT) is changing the way we live and work. Its success and real value come from the establishment of services on top of the connected IoT devices. According to the Ericsson Mobility Report, there will be more than 30 billion connected devices worldwide by 2023, of which around 20 billion will be IoT-related devices. Between 2017 and 2023, the number of IoT devices is expected to increase at a compound annual growth rate of 19%, driven by promising IoT use cases such as smart wearables, smart display, smart metering, smart power, robotic control/production automation, robotic surgery, autonomous driving cars, and drone surveillance. These applications are usually integrated with wireless mobile communications.

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