IBM Watson IoT and Its Integration with Blockchain

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IBM's Watson IoT is aimed at bringing together artificial intelligence (AI) tools such as machine learning, deep learning, machine reasoning, natural language processing (NLP), and computer vision and applying them to industrial Internet of Things (IoT) applications. The platform collects data, analyzes it, and puts the data into a business context to solve specific problems that include asset performance, facility management, operations, product development, health and safety, and predictive maintenance, among others. One of the big differentiators for Watson IoT is the use of IBM's Blockchain platform for specific IoT applications, where IoT devices can send data to private blockchain ledgers that can be used for shared transactions with tamper-proof security. Rather than collecting, storing, and managing all of your IoT data centrally, the blockchain's distributed replication allows businesses to access and supply IoT data in a decentralized fashion. Centralized silos can be expensive and difficult to manage, especially when applied to a data-hungry and data-sensitive area like IoT.