coingecko (thumbnail mini)
Continue in app
Track prices in real-time
coingecko (thumbnail mini)
Continue in app
Track prices in real-time
Now LIVE: Our 2022 Annual Crypto Report 📊 – Get a full overview & analysis of last year’s trends, across Bitcoin, Ethereum, DeFi, NFT, Exchanges & more!

Internet of Things (IoT)

By Cryptomcmillan1 | Updated on Aug 12, 2021
It is a system that lets any devices that are connected to internet to comunicate with each other without human-to-human or human-to-devices interactions. For example, an airconditioner than can be switch on and off via smartphone, or the motion sensor that would swich on the light in your office.

Share this with a friend!

Related Terms

Token Burn
An event in which tokens are verifiably removed permanently removed from circulation.
Central Ledger
Central data repository of a company or bank
Ethereum Name Service (ENS)
Ethereum Name Service (ENS) is a look-up service that allows Ethereum users to find websites or send and receive funds via simple names.
Fiat-Pegged Cryptocurrency
Cryptocurrencies are pegged to an underlying asset.
Hungry for more knowledge?
Back to Glossary or Subscribe to our newsletter.