[2015-06-28] Bosch-Blog: Bitcoin - Enabler for the IoT?

[LiteCoinGuy]

Bitcoin: Enabler for the IoT?

There’s no question that Bitcoin has gone mainstream, although many people still associate the decentralized digital currency solely with criminal activities on the dark web. However, more and more established corporations and well-known investors are getting interested or even involved in Bitcoin businesses.

http://blog.bosch-si.com/categories/business-models/2015/06/bitcoin-enabler-for-the-iot/



another giant is joining bitcoin 

[Chef Ramsay]

I suppose these micropayment advances will entice more people to become more knowledgeable of bitcoin and more willing to use it so I guess this is a great update.

[johnyj]

Or the other way: A Macro payment channel which pays millions of dollars. In today's system it will cost you a fortune to transfer millions of dollars internationally

Actually banks are already begin to handle the micro payments through 3rd party payment processors to , they never charge you for a small fee, but once they accumulated to be above 2-3 dollar, you will receive a bill

[twats]

Imagine that: I've to pay some bitcoins to make my refigrator to produce some ice for my scotch

Or maybe I can connect my refigrator to internet & it pays my electric bill (When I try to open it asks me for bitcoins to pay electric bill). It would be cool