Blockchain as one of the key means for authenticating and authorizing IoT transactions

I agree that, lessons learned in FinTech and traditional banking from applying a decentralized authentication, clearing and settlement approach via Blockchain must be applied towards many telecom and computing problems for the benefit of many industry verticals.

IoT in particular, as a very promising technology will be one of the key means for authenticating and authorizing IoT transactions. Many analysts see Blockchain as a Service representing a key service offering for many market segments to introduce and ultimately adopt this approach as part of business operations.