Web 3 in IoT epitomizes digital evolution, converging IoT devices with decentralized web technologies. This fusion enhances connectivity, security, and interoperability, fostering a dynamic ecosystem where devices exchange data autonomously and execute smart contracts. Blockchain integration ensures data integrity and privacy, enabling trustless interactions among devices and users. Decentralized governance and incentivization mechanisms spur innovation, resilience, and inclusivity, propelling us toward a future where interconnected devices drive unprecedented efficiency and convenience in everyday life.
Source: https://www.devstree.com.au/blogs/why-web3-in-iot-is-the-digital-evolution
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