By connecting smart devices to a blockchain – from smartphones and computers to internet-enabled cars, smart locks, advanced manufacturing machines, and security systems – we can facilitate marketplaces, payment services, or even a sharing economy for the Internet of Things. This makes possible not just peer-to-peer transactions, but even machine-to-machine payments for services, from tollbooth payments to battery storage, consumption, and trading. Best of all, because these interactions are on a blockchain, they will not rely on financial intermediaries or be subject to the security risks inherent in centralized data storage systems.

The value of blockchain networks is limited if users cannot easily access them. As Blockchains remains committed to developing products and solutions to enable an accessible, secure entry point to Web 3.0, our blockchain connectivity client, IN3, allows internet-enabled devices to easily and securely connect to blockchain networks with minimal bandwidth.