The Intersection of IoT and Blockchain

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From: medium.com
  By: Vinod Khosla
Via: twitter.com
How #Blockchain is transforming IoT @helium: https://t.co/0VWFAxKC4O



The Intersection of IoT and Blockchain

A key element of my investment thesis has been that entrepreneurs innovate when institutions can’t — or won’t. That’s especially true in networking, where I’ve been proud to back winners who innovated their way past skeptics to create incredible value in the tech ecosystem. When networking was first rolled out into public networks, our support of TCP/IP was dismissed and telecom monopolies wanted to use the archaic ATM architecture to support public data networks in 1996. TCP/IP didn’t end up just extending beyond wired networks; it became the framework for whole industries that were built to make wireless communications an integral part of the world’s daily work and personal lives. Starting today, blockchain is going to fuel inno

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