10 Blockchain IoT Companies You Should Know in 2023
IoT and blockchain are two well-known technologies, here are the 10 blockchain IoT companies you should know in 2023
The IoT company has created where it can elevate even common household items to another level – there are now IoT-controlled wellness trackers for dog collars, a smart toaster that lets you know when your food is done toasting, and surprisingly, mirrors that reflect shows on-demand exercises and displays wellness insights. The most important thing that has been carried forward is consolidating IoT with another busy technology area: Blockchain.
Below are 10 Blockchain IoT Companies You Should Know in 2023:
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Iota
With distributed ledger technology for “tamper-proof data, tangible microtransactions, and low resource requirements,” IOTA sees its Tangle network as the “backbone of the IoT.” Automated trading of data, products and services is another feature of IOTA’s Industry Marketplace that helps industrial IoT. Global trade and supply chains, customs and border management and other industries can all benefit from the company’s distributed ledger solutions.
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IoTeX – Building MachineFi for Web3
IoTeX has developed a blockchain-based platform that connects information and smart devices to blockchain dApps. The product that the company sells, Ucam, is “the world’s first blockchain home security camera.” It combines blockchain and the Internet of Things to guarantee that users will have secure access to footage captured in and around their homes.
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NetObjects
NetObjex is currently one of the most popular blockchain-based Internet of Things projects. The Irvine, California-based company has developed a standardized, decentralized infrastructure for IoT device communication. In addition, the company’s IoToken, which is based on blockchain technology, provides a secure digital platform that enables smart devices in a single ecosystem to communicate and interact with each other.
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ArcTouch
According to the latest addition, ArcTouch is undoubtedly the best blockchain IoT startup at the moment. The company’s primary focus is to create blockchain-based applications that facilitate improved IoT solution integration. ArcTouch has developed connected smart solutions that include smart TVs, voice assistants and even wearable devices.
The organization focuses on creating special decentralized applications (DApps) that connect to IoT devices. In addition, ArcTouch’s decentralized applications offer improved IoT security.
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Ubirch
The UBIRCH Trust platform can be combined with Internet of Things platforms to establish what the company refers to as a “chain of trust”. This means that when IoT data is collected, blockchain and cryptography technologies are used to guarantee that the data cannot be altered. Medical equipment, smart cities, transparency in the supply chain and document certification are all possible applications for UBIRCH’s solutions.
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Suffescom Solutions Inc.
Suffescom Solutions Inc. is a prominent entry among top blockchain IoT companies with great potential. Customers can access energy-efficient IoT devices through Suffescom, which leverages the Ethereum blockchain. It is interesting to note that Suffescom Security focuses on a number of sectors, such as transport, agriculture, real estate, supply chain and utilities.
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Western Stack
Western Stack is a leading blockchain development company providing dedicated teams and cutting-edge technology services to startups and fast-growing businesses. It works with customers to design and implement robust, real-world applications to increase revenue and future-proof businesses.
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Power Ledger
IoT and blockchain are applied to sustainable energy by Power Ledger. The company wants to make cheap, clean energy available to everyone one day.
Power Ledger currently offers a wide range of energy trading and maintenance products. In addition, it has power outlets for charging stations and automated payment systems for electric car meters and payment transactions.
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Helium
A decentralized machine network is Helium. Blockchain is used to connect low-power Internet of Things (IoT) devices such as routers and microchips to the Internet. Using radio technology, Helium’s blockchain-based wireless Internet infrastructure strengthens the Internet connection and significantly reduces the power required to run “smart” machines.
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Grid plus
Grid+ makes hardware for digital assets and cryptocurrencies. GridPlus Lattice1 and SafeCard, the company’s hardware wallets, are described as extremely secure and allow users to spend cryptocurrency safely and easily. With Lattice1, users can get human signatures for smart contracts, and a Zigbee antenna allows it to communicate with other IoT and smart devices.
