The combination of the Internet of Things and the blockchain will help promote the development of the shared economy.

On April 10th, the European Union Blockchain Observatory and Forum published a report entitled “The Symbolization of Physical Assets and the Impact of Internet of Things and Artificial Intelligence”. The report concludes that the combination of the Internet of Things and the blockchain will help better manage supply chain management, enhance trust, and promote shared economy growth, data trading, monetization, identity management and automation. Combining artificial intelligence with decentralization technology will democratize data and ensure the authenticity of the data.