Which of the following best describes a future opportunity for the Internet of Things (IoT)?

Prepare for the NACD Certification Exam with flashcards and multiple choice questions. Each question comes with hints and explanations to aid your understanding. Ensure you are fully ready for your test!

The best description of a future opportunity for the Internet of Things (IoT) is evolving away from traditional cloud to blockchain or other ways of connecting. This perspective reflects the ongoing innovation and adaptation within the technology landscape, where reliance on traditional cloud systems may not necessarily meet the growing demand for security, transparency, and data integrity that IoT applications require.

As IoT devices proliferate, the ability to securely manage and process vast amounts of data becomes crucial. Blockchain technology, with its decentralized nature and inherent security features, presents a compelling alternative for managing these data flows. It offers benefits such as improved traceability and reduced vulnerability to single points of failure, making it an attractive option for IoT ecosystems.

Moreover, the shift towards alternative connection methodologies can enhance interoperability and scalability within IoT networks, fostering more complex and capable systems. Therefore, recognizing the potential of both blockchain and other innovative technologies positions organizations to capitalize on the evolving landscape of IoT, addressing challenges that traditional cloud computing may not adequately solve.

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