 Ethereum is a blockchain technology that can be used to distribute power across a decentralized network of computers. Ethereum can offer many benefits in the IoT space by powering Ethereum-based intelligent contracts, which can be integrated into an IoT device seamlessly. Ethereum combined with IoT could lead to what is being called the "Industrial Internet." **Ethereum: The backbone of IOT*** When most people think about Ethereum they tend to associate it with the Ethereum cryptocurrency, ether. But Ethereum has applications far beyond mere currency; Ethereum can power decentralized, trustless smart contracts for any purpose imaginable. A primary goal of Ethereum is to decentralize (the opposite of centralization) and secure the internet by allowing for self-powered devices that no longer need to rely on a single centralized power source. Ethereum's ability to securely execute code in a decentralized manner makes Ethereum an ideal candidate for powering the future of IoT devices. Ethereum offers many benefits in IoT, including enhanced security, trustless transaction verification, and better efficiency compared to traditional servers. **The future of Ethereum and IoT:** Ethereum combined with IoT will help companies create more efficient processes, better customer service, and lower operational costs for many industries including transportation, health care, retail, finance, education and more. Enabling Ethereum-based smart contracts in IoT devices will open the door to new business models and provide an efficient way for many types of processes to operate. Ethereum has large potential to improve supply chain management, insurance claims processing, health records management, real estate transactions, and more. Ethereum will allow companies to develop decentralized autonomous organizations (DAOs) which can help replace middle-men in many industries. Ethereum's smart contracts are designed to optimize operations by eliminating third parties or middle men. Ethereum would be used to create the code that runs the IoT device through its network of computers. Ethereum's decentralized network of computers is distributed across the world, allowing IoT devices to remain secure. Ethereum has two main types of accounts: one for users with balances and another for contracts only. Ethereum algorithms run computer programs within Ethereum-based contracts on its blockchain. Ethereum can be used for many different purposes, some examples being sensor readings, controlling IoT devices, and managing real estate transactions. Ethereum-based smart contracts can help set up sensor data collection, storage, and processing in a decentralized, secure fashion. Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/hive-167922/@asteroids/how-ethereum-will-enable-the-internet-of-things-iot)
| author | asteroids |
|---|---|
| permlink | how-ethereum-will-enable-the-internet-of-things-iot |
| category | hive-167922 |
| json_metadata | {"app":"leofinance/0.2","format":"markdown","tags":["ethereum","eth","bitcoin","crypto","leofinance"],"image":["https://images.hive.blog/DQmbhFdfThSXC4tUnFBKTwUjpjJ89Lvw1a75fC7Z9E8L6YG/image.png"]} |
| created | 2022-01-10 02:33:27 |
| last_update | 2022-01-10 02:33:27 |
| depth | 0 |
| children | 0 |
| last_payout | 2022-01-17 02:33:27 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 17.872 HBD |
| curator_payout_value | 17.770 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 2,946 |
| author_reputation | 74,440,157,945,860 |
| root_title | "How Ethereum Will Enable the Internet of Things (IOT)" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 109,333,339 |
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| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| uwelang | 0 | 111,426,751,389 | 10% | ||
| moretea | 0 | 1,360,357,101 | 25% | ||
| ahmadmanga | 0 | 659,753,770 | 17.5% | ||
| ripperone | 0 | 1,735,683,481,970 | 26% | ||
| dickturpin | 0 | 4,128,839,175 | 12.5% | ||
| l337m45732 | 0 | 1,236,149,203 | 5% | ||
| dante31 | 0 | 1,963,552,834 | 12.5% | ||
| tykee | 0 | 970,607,030 | 12.5% | ||
| khalil319 | 0 | 789,153,652 | 12.5% | ||
| thauerbyi | 0 | 3,771,180,420 | 22.5% | ||
| francis.melville | 0 | 14,271,221,734 | 25% | ||
| jeanlucsr | 0 | 5,329,718,268 | 8.4% | ||
| roleerob | 0 | 50,923,011,557 | 12.5% | ||
| minloulou | 0 | 665,589,122 | 12.5% | ||
| khaleelkazi | 0 | 178,470,096,979 | 42% | ||
| paulmoon410 | 0 | 505,391,565 | 80% | ||
| vintherinvest | 0 | 23,019,091,924 | 12.5% | ||
| tpkidkai | 0 | 942,260,571 | 10% | ||
| fourfourfun | 0 | 661,496,810 | 2.5% | ||
| obsesija | 0 | 3,852,193,880 | 12.5% | ||
| gadrian | 0 | 16,523,868,705 | 10% | ||
| silwanyx | 0 | 1,671,824,415 | 25% | ||
| ross92 | 0 | 487,214,469 | 12.5% | ||
| rollandthomas | 0 | 2,423,634,069 | 2% | ||
| julialee66 | 0 | 146,228,640 | 12.5% | ||
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| break-out-trader | 0 | 24,525,965,710 | 25% | ||
| tronsformer | 0 | 951,101,906 | 30% | ||
| zaxan | 0 | 886,015,725 | 12.5% | ||
| gaottantacinque | 0 | 276,281,372 | 100% | ||
| shortsegments | 0 | 2,514,136,238 | 1.25% | ||
| gallerani | 0 | 1,561,055,757 | 25% | ||
| rilo | 0 | 1,020,556,688 | 12.5% | ||
| gasaeightyfive | 0 | 419,162,334 | 100% | ||
| cribbio | 0 | 775,927,986 | 100% | ||
| hibbi | 0 | 687,494,660 | 12.5% | ||
| navyactifit | 0 | 438,739,799 | 12.5% | ||
| flyingbolt | 0 | 1,885,082,668 | 25% | ||
| edian | 0 | 4,186,545,860 | 25% | ||
| engrsayful | 0 | 656,052,609 | 6.25% | ||
| megavest | 0 | 42,115,257,661 | 25% | ||
| travelwritemoney | 0 | 2,698,062,112 | 25% | ||
| leo.voter | 0 | 17,981,827,026,803 | 25% | ||
| leo.curator | 0 | 3,718,544,529 | 75% | ||
| empoderat | 0 | 24,284,063,674 | 12.5% | ||
| leo.bank | 0 | 658,527,389 | 25% | ||
| mktmaker | 0 | 857,131,875 | 100% | ||
| learn.leo | 0 | 900,631,980 | 42% | ||
| babytarazkp | 0 | 3,604,736,134 | 40% | ||
| asteroids | 0 | 33,935,579,855 | 42% | ||
| poam | 0 | 940,469,864 | 41.58% | ||
| arctis | 0 | 1,792,421,045 | 100% | ||
| midlet-yourleo | 0 | 707,355,721 | 75% | ||
| agro-dron | 0 | 2,412,113,168 | 25% | ||
| refinement | 0 | 1,949,517,906 | 100% | ||
| furtherance | 0 | 1,792,176,826 | 100% | ||
| hongdangmu | 0 | 832,957,176 | 12.5% | ||
| coinlogic.online | 0 | 8,980,311,786 | 12.5% | ||
| khalneox | 0 | 1,331,112,380 | 100% | ||
| astraeas | 0 | 1,066,246,572 | 100% | ||
| chloem | 0 | 7,935,215,122 | 100% | ||
| oelgniksivart | 0 | 661,414,696 | 21% | ||
| crimianales | 0 | 708,477,033 | 21% | ||
| autowin | 0 | 808,648,298 | 42% | ||
| onestop | 0 | 3,921,484,825 | 12.5% | ||
| leofinance | 0 | 181,228,867,131 | 25% | ||
| ykretz | 0 | 1,083,974,030 | 2.5% | ||
| zuly63 | 0 | 2,011,611,242 | 20% | ||
| beehivetrader | 0 | 2,335,589,937 | 12.5% | ||
| eddie-earner | 0 | 609,932,149 | 12.5% | ||
| borniet | 0 | 4,957,561,600 | 50% | ||
| ztfo | 0 | 2,174,776,423 | 100% | ||
| bepresent | 0 | 1,833,232,931 | 100% | ||
| jobar | 0 | 869,083,606 | 42% | ||
| kaef | 0 | 1,940,119,262 | 100% | ||
| rdfield | 0 | 1,931,446,248 | 100% | ||
| gcomplex | 0 | 1,760,979,303 | 100% | ||
| integrated | 0 | 2,015,624,528 | 100% | ||
| hanez | 0 | 948,142,281 | 42% | ||
| minebb | 0 | 786,486,776 | 40.74% | ||
| plasticsoul | 0 | 1,934,477,050 | 100% | ||
| scrpt | 0 | 1,881,535,448 | 100% | ||
| druma | 0 | 816,546,559 | 42% | ||
| ropehold | 0 | 751,054,831 | 42% | ||
| fitlet | 0 | 1,231,806,900 | 100% | ||
| tokenx | 0 | 1,905,371,721 | 100% | ||
| strk | 0 | 1,807,194,717 | 100% | ||
| hemerit | 0 | 778,859,570 | 42% | ||
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| thorc | 0 | 740,564,725 | 42% | ||
| psgood | 0 | 785,057,510 | 42% | ||
| tv-d | 0 | 739,110,572 | 42% | ||
| supersla | 0 | 733,688,653 | 42% | ||
| alorian | 0 | 740,345,833 | 42% | ||
| slat | 0 | 1,783,029,226 | 100% | ||
| protoleo | 0 | 1,749,445,016 | 100% | ||
| muski | 0 | 1,781,357,233 | 100% | ||
| netaterra.leo | 0 | 611,308,054 | 22.5% | ||
| twrk | 0 | 1,878,194,879 | 100% | ||
| gualteramarelo | 0 | 995,898,349 | 1% | ||
| eth2 | 0 | 1,925,696,158 | 100% | ||
| tslap | 0 | 1,870,835,317 | 100% | ||
| hodol | 0 | 1,875,374,063 | 100% | ||
| theco | 0 | 1,888,494,820 | 100% | ||
| muskland | 0 | 1,892,250,473 | 100% | ||
| hochismin | 0 | 1,894,503,726 | 100% | ||
| finleo | 0 | 1,786,388,794 | 100% | ||
| sharkleo | 0 | 1,754,649,804 | 25% | ||
| givup | 0 | 799,260,230 | 42% | ||
| etheru | 0 | 809,243,821 | 42% | ||
| leo.tokens | 0 | 2,307,207,556 | 25% | ||
| bynd | 0 | 1,948,501,365 | 100% | ||
| elong | 0 | 798,280,038 | 42% | ||
| logroll | 0 | 824,763,766 | 42% | ||
| outperform | 0 | 804,404,843 | 42% | ||
| capsule | 0 | 805,209,957 | 42% | ||
| sn8 | 0 | 806,206,018 | 42% | ||
| fundament | 0 | 806,048,153 | 42% | ||
| bitbi | 0 | 795,143,285 | 42% | ||
| cielitorojo | 0 | 16,551,712,219 | 12.5% | ||
| companyx | 0 | 810,665,000 | 42% | ||
| hallogen | 0 | 791,846,037 | 42% | ||
| hodldays | 0 | 784,360,144 | 41.58% | ||
| mandawanda | 0 | 807,890,758 | 42% | ||
| portfoliomargin | 0 | 810,172,548 | 42% | ||
| fremo | 0 | 782,326,689 | 42% | ||
| deliveries | 0 | 1,963,328,595 | 100% | ||
| jackedup | 0 | 1,883,342,736 | 100% | ||
| tierbtc | 0 | 1,853,635,757 | 100% | ||
| compoundin | 0 | 780,059,648 | 41.58% | ||
| frankjr | 0 | 790,998,458 | 42% | ||
| waiting8 | 0 | 1,943,841,066 | 100% | ||
| starked | 0 | 774,238,151 | 42% | ||
| mk2 | 0 | 1,944,084,132 | 100% | ||
| ghostdrive | 0 | 1,904,726,885 | 100% | ||
| thatbull | 0 | 807,120,334 | 42% | ||
| heimdalla | 0 | 1,951,907,846 | 100% | ||
| pitchleo | 0 | 789,906,875 | 42% | ||
| hollywoodz | 0 | 793,016,139 | 42% | ||
| zbh1 | 0 | 1,939,316,632 | 100% | ||
| f82 | 0 | 806,089,224 | 42% | ||
| natureway | 0 | 805,208,021 | 42% | ||
| gamor | 0 | 788,463,251 | 42% | ||
| dvision | 0 | 794,341,689 | 42% | ||
| quantumant | 0 | 804,892,646 | 42% | ||
| sanctum | 0 | 804,727,881 | 42% | ||
| challa | 0 | 775,970,522 | 42% | ||
| quantumblank | 0 | 819,969,631 | 42% | ||
| endgames | 0 | 938,660,228 | 42% | ||
| realleader | 0 | 819,624,331 | 42% | ||
| gohodl | 0 | 804,054,895 | 42% | ||
| leverup | 0 | 2,220,035,850 | 100% | ||
| buildhedge | 0 | 1,933,195,492 | 100% | ||
| elongate | 0 | 699,079,098 | 25% | ||
| amongus | 0 | 525,183,015 | 25% | ||
| elgatoshawua | 0 | 5,200,435,446 | 12.5% | ||
| seevision | 0 | 1,948,090,341 | 100% | ||
| chamathleo | 0 | 2,079,683,204 | 100% | ||
| yellowstone | 0 | 808,751,675 | 42% | ||
| luckyali.leo | 0 | 822,126,191 | 25% | ||
| darkelon | 0 | 808,764,896 | 42% | ||
| onemission | 0 | 787,001,216 | 42% | ||
| totalrekall | 0 | 813,273,074 | 42% | ||
| creodas | 0 | 570,455,003 | 18.75% | ||
| stablefi | 0 | 790,422,579 | 42% | ||
| thewing | 0 | 1,969,072,348 | 100% | ||
| cryptololo | 0 | 2,692,334,089 | 22.5% | ||
| ironhot | 0 | 817,319,835 | 42% | ||
| mylioness | 0 | 810,803,596 | 42% | ||
| broadhive-org | 0 | 1,970,932,388 | 12.5% | ||
| leoball | 0 | 1,418,077,490 | 25% | ||
| imno | 0 | 1,517,591,271 | 6.25% | ||
| pubgood | 0 | 813,877,396 | 42% | ||
| bitjoins | 0 | 785,513,294 | 42% | ||
| impurgent | 0 | 628,038,562 | 40% | ||
| tolf | 0 | 813,055,738 | 42% | ||
| hodlmi | 0 | 791,412,975 | 41.16% | ||
| selectyourself | 0 | 804,881,925 | 42% | ||
| abstrads | 0 | 2,509,284,658 | 100% | ||
| germangenius | 0 | 869,826,566 | 12.5% | ||
| banzafahra | 0 | 791,490,064 | 12.5% | ||
| cugel | 0 | 4,121,496,721 | 12.5% | ||
| zeclipse | 0 | 773,685,890 | 25% | ||
| saboin.leo | 0 | 165,613,446 | 29% | ||
| disneykeren | 0 | 0 | 19% |
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