SupplyChain Magazine December 2020 | Page 69

INTERNET OF THINGS
industry-seasoned professional in tech for years , now . Its original ambassador , Bitcoin , was only a cryptocurrency but over the years , with the rise of blockchain-powered , decentralised platforms like EOS and Ethereum , blockchain has evolved into an industry-disrupting behemoth .
With that evolution , a system that is wholly unique and incredibly powerful has risen – blockchain is , arguably , the very best way to protect companies and their supply chains from cyberattacks , hackers , and corporate espionage , courtesy of its decentralised , immutable , 256-bit encryption . The cryptology that only blockchain creators and few others fully understand has resulted in a system that is both ridiculously confusing to crack , yet easily accessible to all , and secretive in nature , yet wholly transparent .
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INTERNET OF THINGS
The ‘ Internet of Things ’ or IoT , for short , is an innovative technology that , for the most part , has infiltrated every aspect of our lives . It ’ s in everything from smart devices to heating systems , and , currently , while it has broken into
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