In March 2017, Artnet reported on The European Fine Art Fair’s (TEFAF) annual assessment of the global art market. TEFAF found that for all of 2016, the global art market generated around $45 billion in revenue. Of this $45 billion, the FBI estimates that nearly $4 to $5 billion in art and artifacts are stolen each year before being sold on the black market. That’s a roughly 11% loss for the market. Art theft can happen almost anywhere, and thieves are bold enough to steal from galleries, auctions, and even private residences.
Getting started in the Internet of Things (IoT) can be a daunting task for any company, but it doesn’t have to be. We all have heard about the numbers of connected devices, today and in the future. We understand that the world is moving towards the connected everything. The issue for many is how do I start? What are the challenges? What tools are necessary for IoT solutions? While it’s tempting to take a ‘wait and see’ attitude, the reality is the market is simply moving too fast to sit on the sidelines.
Here, we cover some of the issues. More in-depth analysis can be found in our recent webinar (link here) or at our Neo site (link here).
Security always should be top of mind when launching any IoT initiative, and we posted a blog in late 2016 specifically about this topic. What about practices outside of security? IoT is so new and moving at such a rapid pace that knowing the right approach is crucial to your success. One need only look at the graveyard of failed dot com companies to see the risk of jumping into a new tech sector without a solid strategy or understanding. Here are some tips to get you started thinking:
In 2008, a secretive inventor—or group of inventors—named Satoshi Nakamoto created the cryptocurrency Bitcoin and its underlying blockchain (or alt-chain) technology. Blockchain is a peer-to-peer distributed ledger system in which transactions are recorded but cannot be copied. This methodology that remedies many of the drawbacks of traditional internet networks as a blockchain is essentially a self-auditing ecosystem that reconciles transactions every ten minutes in groups known as blocks.