The IoT (internet of things) will change the world.
Utility company needs more IoT to monitor and maintain the status of the power.
SI company can support utility company to monitor, collect data and improve the power efficiency.
The smart pills or devices:
sense, respond,
measure, communicate,
locate, notify,
monitor, change,
identify, target,
The IoT business needs a ledger of everything, the ledger includes these features:
resilient,
robust,
real-time,
responsive,
radically open,
renewable,
reductive cost and friction,
revenue generating,
reliable,
There are 12 categories illustrating the potential and significant disruptions to existing markets, players and business models.
1. transportation
2.infrastructure management
3.energy, waste and water management
4.resource extraction and farming 資源提取與農耕
5.environmental monitoring and emergency services
6.health care
7.financial services and insurance
8.document and order record keeping
9.building and property management 建物與地產管理
10.industrial operations.. the factory of things
11.home management
12.retail operations and sales
The benefits that blockchain-enabled IoT business can bring for existing categories:
speed
reduced costs
increased revenue
improved effectiveness
increased security and integrity
reduced likelihood of system failure
reduced energy consumption
increased privacy protection
increased data analysis and insight
strengthened predictive capability
As a manager of existing business, you should think about the threat and opportunities from blockchain technology over IoT:
key issues
new value
new business model
opportunities
threats
business cases
strategic plans
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