The business potential of connected devices is huge, but so are the challenges the IoT ecosystem faces. Blockchain technology seems to hold the potential to unlock new use cases — and significant ROI from them. Join the latest VB Live event to learn more about how distributed ledger technologies can realize a profitable Future of Things.
“Today, when people exchange assets, they often do so through a series of intermediaries — banks or governments or brokers,” says Jonathan Johnson, president of Medici Ventures, a wholly owned subsidiary of Overstock focused on advancing blockchain technology. Trust intermediaries, in other words. What blockchain does is removes those institutional trust intermediaries and replaces them with trust technology.”