IoT could be the killer app for blockchain

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As the number of sensors in vehicles, factory machinery, buildings and city infrastructure grows, companies are looking for a secure and automated way of enabling a mesh network for transactional processes.

Blockchain appears to best fit that bill.The total number of connected Internet of Things (IoT) sensors and devices is expected to leap from 21 billion this year to 50 billion by 2022, according to recent data from Juniper Research.

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