Errol S. van Engelen - Emerging technologies : blockchain of Intelligent Things to boost revenues

Emerging Technologies

Emerging Technologies

Blockchain of Intelligent Things to Boost Revenues

Errol S. van Engelen

Emerging Technologies: Blockchain of Intelligent Things to Boost Revenues

Copyright Business Expert Press, LLC, 2020.

Cover image licensed by Ingram Image, StockPhotoSecrets.com

Cover and interior design by Exeter Premedia Services Private Ltd., Chennai, India

All rights reserved. No part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form or by any meanselectronic, mechanical, photocopy, recording, or any other except for brief quotations, not to exceed 400 words, without the prior permission of the publisher.

First published in 2020 by

Business Expert Press, LLC

222 East 46th Street, New York, NY 10017

www.businessexpertpress.com

ISBN-13: 978-1-95253-810-0 (paperback)

ISBN-13: 978-1-95253-811-7 (e-book)

Business Expert Press Big Data, Business Analytics, and Smart Technology Collection

Collection ISSN: 2333-6749 (print)

Collection ISSN: 2333-6757 (electronic)

First edition: 2020

10 9 8 7 6 5 4 3 2 1

Printed in the United States of America.

Abstract

This book is targeted to help a broad audience such as students, professionals, and business and technology managers to learn about the possibilities created by the convergence of blockchain, Internet of Things (IoT), and artificial intelligence (AI). The book takes you from the convergence of blockchain and IoT, via the most important Blockchain of Things projects like IOTA and the industries which are heavily being disrupted, into the Blockchain of Intelligent Things , which essentially adds the business value of data science and AI. Further topics you will find in this book include required skills, jobs and future, Industrial IoT (IIoT) platforms , and opportunities, challenges, and trends of the Blockchain of Intelligent Things .

Keywords

digital transformation; emerging technologies; blockchain; Internet of Things; IoT; data science; artificial intelligence; AI; blockchain of things; blockchain of Intelligent Things

Contents

For everyone in business and technology, interested in blockchain, Internet of Things (IoT), and artificial intelligence (AI).

The convergence of blockchain and IoT powered by data and AI is on the agenda of several big companies and some of them have already started using its implementations, initiatives, and solutions in various projects.

Audience

This book is for anyone interested in and responsible for vision, projects, and implementations of blockchain, IoT, and AI in medium-sized companies and large enterprises. This would include business and technology managers, IT professionals, and last but not least, business or technology students, looking to broadening their knowledge and expertise.

What This Book Covers

This book is specialized in blockchain, IoT, and AI and the convergence between each of these technologies. Obviously blockchain can enhance AI-powered IoT systems. The following chapters help you to get a better understanding.

, Blockchain of Things , introduces you to the convergence of blockchain and IoT. You will learn what the benefits and challenges are, why the blockchain is the security of IoT networks, and why your productivity will boost when applying Blockchain of Things.

, Applications and Projects , helps you to discover the most important Blockchain of Things projects running at this moment, including IOTA, PowerLedger, VeChain, and WaltonChain.

Per industry Ive given examples and use cases to inspire the reader. You will surely find your own industry or vertical there too.

, Blockchain of Intelligent Things , provides you with the added business value of data science and AI. This added value is displayed in various industries and verticals such as automotive, energy, human resources, and marketing.

, Required Skills, Jobs, and Future , provides you with the information about blockchain, IoT, and AI salaries in the United States. Other topics include the skills gap, recruitment, and future scenarios of work, skills, and education.

, Industrial IoT (IIoT) Platforms , gives you an overview of the most important business platforms for Blockchain of Things projects. It also shows which service provider owns the platform.

, Opportunities, Challenges, and Trends , helps you to discover how you can use AI, blockchain, and IoT to find more business opportunities. Other topics include business threats such as security, cyber war, and cyber threats and how to use AI to combat them. It also gives you an overview of the future of Blockchain of Intelligent Things.

All chapters include a chapter takeaway and management questions for your business paragraph.

To Get the Most Out of This Book

It helps if you have some familiarity with blockchain, IoT, and AI. Also, if you are a business professional or manager with an interest in these technologies, or a technology professional or manager with an interest in business, this book is right for you too. Readers may be looking for a methodology to engage in blockchain, IoT, and/or AI projects. I would like to refer those readers to my previous book New World Technologies: 2020 and Beyond , ISBN 9781948976879 (for the eBook) and 9781948976879 (for the paperback). This book gives readers an overview of the most important emerging technologies and also contains a methodology for engaging in digital transformation and emerging technologies projects. So please get this book if youre looking for a methodology .

Reviews

Please leave a review. Once youve read and used this book, why not leave a review on the site that you purchased it from? Potential readers can then see and use your unbiased opinion to make purchase decisions. Thank you very much!

I want to thank everyone who helped in the creation of my book. In technology projects, many in the role of client, employer, or colleague helped me directly or indirectly to obtain the proper image of the impact technology has on business. I would also thank the many online experts and content publishers who increased my knowledge of blockchain, Internet of Things, and artificial intelligence.

I hope you enjoy reading while improving your business and technology skills and knowledge with Emerging Technologies: Blockchain of Intelligent Things to Boost Revenues.

Errol S. van Engelen

Rotterdam, April 2020

With the history of cybercrime, Internet of Things (IoT) systems are not safe today. Hackers could attack different componentsthe physical device, the network, the encryption, or the software. It means that the obvious issues of privacy, security, and identity verification must be addressed.

This further implies that a basic IoT system for businesses will have to include plenty of different integral componentsa safe platform, edge tiers managing the devices, contextual rules, multiple protocols, various data formats, and storage. Of course, all these elements will have to be interoperable between unique and dynamic networks.

Our current IT systems seem to be simply underqualified for such large tasks. They often fail to provide required security, leading to dangerous situations of exposing users data to unauthorized parties. Blockchain technology might not be a magic bullet with all the solutions to the challenges IoT is facing, but it sure can help solve a few of the major problems. As IoT applications are distributed in nature, it is reasonable to apply a distributed ledger technology (DLT) which blockchain provides.