Crypto-fuel could power the growing Internet of Things

Crypto-fuel could power the growing Internet of Things

ga('send', 'event', 'Life Hacks', 'article', 'article-industry-impression', {nonInteraction: true});ga('send', 'event', 'Telecom & Mobile', 'article', 'article-industry-impression', {nonInteraction: true});

If the Internet of Things continues to grow at the expected rate, smart devices will soon demand huge amounts of computing power and cloud services in order to simply function and interact with each other. This could be financed by ads, user fees or data sales, but UK startup Ethereum has now created another option, in the form of a Bitcoin-like cryptocurrency Ether, the value of which is based on computing power.

Add to my folders:

Select any pre-existing folders to add the current post to. Posts will be added to a 'default' folder if nothing is selected.

Create a new folder (Optional)

Separate with commas to add multiple folders. The current post is automatically added to any new folders you create (e.g. my new folder, my second folder).

Add

Remove from my folders

Below is a list of folders where the current post appears in. Select the folder you wish to remove it from.

Update