Digitization is taking hold of entire industries, including in Germany. The area of the “Internet of Things (IoT)”, in particular, promises revolutionary, new types of business models. In this context, the term IoT refers to the increasing connection of machines and devices to the Internet. These devices are equipped with digital identities to communicate with each other and execute processes autonomously without human intervention. This trend will become increasingly relevant in the future. For example, the total number of IoT devices is expected to rise to 75 billion by 2025, according to estimates. — Authors: Maximilian Forster, Jonas Gross, Anja…

Philipp Sandner

Professor | Lecturer | Author | Investor | Frankfurt School Blockchain Center

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