The concept of physical devices being connected and sharing data through the Internet. In cryptocurrency, IoT is realised through the cryptographic identity of the device. A unique key and address are used for signing messages and transactions when required.
AutoKinex service is an example. It connects to a car and automatically detects when the car uses a toll road, matches the location with the correct fee, completes the payment through connected digital services, and notifies the user, reducing the risk of unpaid charges. Such an automated scenario of systems and devices sharing information and interacting is called Machine-to-Machine (M2M).
AutoKinex service is an example. It connects to a car and automatically detects when the car uses a toll road, matches the location with the correct fee, completes the payment through connected digital services, and notifies the user, reducing the risk of unpaid charges. Such an automated scenario of systems and devices sharing information and interacting is called Machine-to-Machine (M2M).