This is something that will continue to show application in comparison to tokens that only hold value. Bitcoin has moved in the direction of smart contracts which allows us to buy and sell NFTs (when the contracts are in place) this shows that the people know where the value is. IoTX will allow us to have real world items communicating with each other.
IoT or internet of things...
Imagine this. You wake up and pressure sensors under your feet pop a bagel that was already placed there into the toaster. it starts the coffee pot automatically. It turns off your alarm. Turns on your lights. Opens your curtains. Turns on music.
Currently Amazon Echo, Google home already are pushing to do this with their devices in home with the voice feature "Good morning" to create a routine. the devices aren't connected yet though. These tech giants are placing themselves in the perfect position to take the largest part of the market share of the IoT devices though. They will be considered the central hub unless a decentralized server can do this for us.
IoT or internet of things...
Imagine this. You wake up and pressure sensors under your feet pop a bagel that was already placed there into the toaster. it starts the coffee pot automatically. It turns off your alarm. Turns on your lights. Opens your curtains. Turns on music.
Currently Amazon Echo, Google home already are pushing to do this with their devices in home with the voice feature "Good morning" to create a routine. the devices aren't connected yet though. These tech giants are placing themselves in the perfect position to take the largest part of the market share of the IoT devices though. They will be considered the central hub unless a decentralized server can do this for us.