There is a groundswell of interest these days in adopting blockchain, the technology that can radically improve the security and efficiency of banking, supply chain and other transaction networks and create new opportunities for innovation in new market segments.
Web service providers encourage end users to create an account when they come to browse and shop that requires providing personal information: date of birth, address, credit card information and more. For convenience sake, many users will use the same account username and password they use for other services when they create a new account. This potentially exposes them to the theft of information that could be sold.
The market today is witnessing the emergence of new type of consumer electronics, sensors and mobile devices that can be connected to the network. Some have the ability to connect to the global network (cellular phones, tablets, etc.,), while some remain constrained to more of a private network that could be residing inside a home.