Integration of IoT, Blockchain and AI to improve business models


IoT, Blockchain and AI have created a lot of hype with their offers in the trendy technology sector. With each step forward, these innovations have become more rooted in our daily lives. As these technologies represent a promising step into the future, the mobile industry is presented with challenges to design the apps so that AI, Blockchain and IoT can be used.

The IoT, Blockchain and AI offers are accompanied by a range of possibilities including chat, contextual sensors and sensors that communicate with other devices in mobile apps. These innovations will disrupt the mobile app industry in the most effective ways and will ensure customer loyalty and increase customer engagement.

The importance of the use of AI, Blockchain and IoT in Business

• Security: It is a major concern when it comes to the use of AI and Blockchain. The IoT is interconnected, so if a cyber threat occurs, these malicious actors can have access to all applications such as smart cities, smart agriculture and much more; one of these disasters can be disastrous for an organization. It is designed to store information so that it is virtually impossible to add, remove and detect data without being detected by other users.

• Trust protocol: Trust is an essential factor in every company. Blockchain offers this reliability where transactions are potentially secure as there is no interference from third parties. As sensors and devices autonomous between them, it gets its timestamp that helps avoid duplicate entries.

• Traceability: Blockchain can help to track transactions. Because organizations can refer to the time stamp attached to transactions, they also receive custody to follow from one point to another, thus improving traceability.

• Opportunities and advantages: The implementation of AI, Blockchain and IoT opens up opportunities and offers advantages for the development of mobile apps. Advanced features like Chatbots, sensor-based communication devices, predictive analytics, AR and VR can be successfully adapted to create a new business and a new trend in the mobile phone industry.

Organizations must explore these technologies that change the world. With Blockchain, AI and IoT in the development of mobile apps, we expect evolved futures that understand human needs better and more efficiently, and even using predictive analytics to successfully understand customer buying behavior. and offer personalized notifications.

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