Content-type: text/html Downes.ca ~ Stephen's Web ~ The Economy of Things: the next value lever for telcos

Stephen Downes

Knowledge, Learning, Community

As this article states, "The growth of connected devices creates an ever-expanding market for sourcing, blending and refining data into actionable, real-world insights." The article is directed toward telecommunications companies (telcos) but what happens here will overlap other sectors, including education. For example, "A key enabler is the adoption of decentralized identity and digital wallets for data owners and IoT devices that provide both an anchor identity and a means to transact with connected devices and assets." Right now, the reputation of online identity and currency providers is pretty low, for good reason. That won't last, as governments and communications companies build up the required infrastructure. This is happening now.

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Stephen Downes Stephen Downes, Casselman, Canada
stephen@downes.ca

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Last Updated: Dec 07, 2024 10:37 p.m.

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