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Business Model of Internet of Things and Blockchain Technology in Developing Countries

Journal: International Journal of Innovation in Engineering (IJIE) (Vol.3, No. 1)

Publication Date:

Authors : ;

Page : 13-22

Keywords : Internet of Things; blockchain; business models; technology-based business;

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Abstract

The Internet of Things (IoT) and blockchain are new concepts in the world of technology and communication, and communication in them is provided for any creature (human, objects), the ability to send data through communication networks, whether the Internet or intranet. IoT is known as one of the most important axes of future technology and has received considerable attention from all industries. Today, a large number of different parts of the Internet of Things are designed only for specific businesses, which indicates the acceptance of a large number of organizations to use this equipment, and of course, various technologies are also used in this field, including artificial intelligence and cloud computing. The purpose of this research is to investigate the use of Internet of Things in business and its business models. There are also frameworks for the easier development of business models, which this article is the framework of business models in electronic commerce for the program. Internet of Things and Blockchain according to the research/interview literature. These frameworks can be used by developers as a starting point for creating a business model for IoT and blockchain applications in developing countries.

Last modified: 2023-06-21 04:41:59