What is the role of blockchain in the Internet of Things?

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What is the role of blockchain in the Internet of Things?

The role of blockchain in the Internet of Things (IoT) is to provide a secure and decentralized platform for recording and verifying transactions and interactions between IoT devices. Blockchain technology ensures the integrity and transparency of data exchanged between devices, as it creates an immutable and tamper-proof ledger. It enables secure peer-to-peer communication, eliminates the need for intermediaries, and enhances trust and privacy in IoT networks. Additionally, blockchain can facilitate the implementation of smart contracts, enabling automated and self-executing agreements between IoT devices.