{"id":321883,"date":"2022-03-02T10:44:22","date_gmt":"2022-03-02T15:44:22","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=321883"},"modified":"2022-03-02T10:44:22","modified_gmt":"2022-03-02T15:44:22","slug":"vodafone-uses-blockchain-to-enable-iot-devices-complete-automated-transactions","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/vodafone-uses-blockchain-to-enable-iot-devices-complete-automated-transactions","title":{"rendered":"Vodafone Uses Blockchain To Enable IoT Devices Complete Automated Transactions"},"content":{"rendered":"
Vodafone has rolled out a blockchain-backed platform that will enable connected devices to complete secure transactions on the user’s behalf. The platform, dubbed Digital Asset Broker {DAB), promises more simplicity for users and businesses who do not need to build their infrastructure.<\/p>\n
The device is given a unique digital identity by the DAB, allowing it to securely communicate with other devices within the platform. the simple process, secured by SIM card technology, allows easy and automated payment of goods and services. Vodafone hopes that the solution will open the door for new revenue opportunities.<\/p>\n
The company said the platform will offer secure links to device ecosystems and third-party platforms. It can be applied across different industries, including manufacturing, energy, logistics, and automobile.<\/p>\n