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The Internet of Things represents one of the major pillars of greater automation efforts. Connected ecosystems that can record, process, and share interactions are instrumental in building smarter cities and supporting the coming autonomous vehicle revolution. Blockchain means that the infrastructure has finally caught up with modern IoT capabilities. Distributed ledger technology can record the immense amounts of data produced by IoT systems in a trustless fashion and transparently analyze data points to produce valuable insights. Thanks to its identification, verification, and data transfer abilities, blockchain is perfectly suited for hosting IoT devices for both public and private sector use cases. In the public sector, IoT devices can be used to improve infrastructure management and upgrade municipal services such as taxes. For private businesses, blockchain-based IoT offers better logistics and warehousing tracking, as well as enhanced data on performance and efficiency. With a crypto token designed specifically for IoT needs, IOTA has emerged as a power efficient and scalable technology that uses connected devices to validate value transfers on the distributed ledger.  Between zero transaction fees, an emphasis on security, and a high degree of compatibility, IOTA is already supplying the new gold standard for machine-to-machine communication.

5 Blockchain Product Use Cases To Follow This Year

It's not about fund raising - it's about actual use cases

It’s safe to say, the crypto market is growing. While this growth has helped some people strike it rich, it’s also benefited the job market. Between December 2016 and December 2017, there was a 207 percent increase in job postings for Blockchain positions on Indeed.com. While the term “crypto career” might bring to mind technology and engineering professionals, there are a variety of jobs within the field, ranging from full stack developers to compliance officers and community managers. If you’re interested in one of these crypto careers, it might be a good idea to move out west. Unsurprisingly, the tech-savvy state of California employs nearly 30 percent of the country’s crypto employees -- the most of any state. Of course, if moving across the country is out of the picture, another 15 percent of crypto jobs in the U.S. are remote.

The Cryptocurrency Job Market Is Exploding (Infographic)

It can feel like a new cryptocurrency is popping up every hour, and that's because they basically are. There are more than 1,500 tradeable cryptocurrencies. In 2017 alone, there were between 2.9 and 5.8 million people using crypto wallets throughout the year, compared to 0.3 to 1.3 million in 2013. There's a $320-billion-plus market cap across all cryptocurrencies today. Related: 6 Ways Cryptocurrency and Blockchain Are Changing Entrepreneurship It's safe to say, the crypto market is growing. While this growth has helped some people strike it rich, it's also benefited the job market. Between December 2016 and December 2017, there was a 207 percent increase in job postings for Blockchain positions on Indeed.com.

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