Blockchain and the retail sector

Now, let's move on to the potential impact of blockchain technology on the retail industry. But first, we'll discuss a term that has been previously mentioned in this book.

The Internet of Things

IoT, which is how the Internet of Things is frequently referred to, is a concept that describes the interconnectivity through the internet of different devices we use in our daily lives.

We don't simply access the internet from a computer anymore. There are different smart devices surrounding us that have built-in functionalities based on the internet and are connected with other devices or the cloud:

We all know what smart TVs and smart phones are. Nowadays, many appliances are being...