When blockchain meets Internet of Things: Characteristics, challenges, and business opportunities

Researches in Blockchain Technology (BCT) and Internet of Things (IoT) are experiencing exponential growth in recent years. They are being witnessed as mainstream technologies that have the potential of revolutionizing our society. However, these two contain technologically unrelated in philosophies. This article has a special interest in exploring how BCT and IoT can benefit in innovating business models. The purpose of this work is to...