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SmartCard Marketing Systems Inc. (OTC:SMKG): Keeping Up With “the IoT” – Market Which Is Expected To Grow To $848.38 billion In 2026 At A CAGR of 21.0%.
SmartCard Marketing Systems Inc. (OTC:SMKG): Keeping Up With “the IoT” – Market Which Is Expected To Grow To $848.38 billion In 2026 At A CAGR of 21.0%..
About this update from Smart Card Marketing Systems, Inc.
[{"type":"text","content":"SmartCard Marketing Systems Inc. (OTC:SMKG): Keeping Up With “the IoT” – Market Which Is Expected To Grow To $848.38 billion In 2026 At A CAGR of 21.0%.The Internet of Things (IoT) describes physical objects with sensors, processing ability, software and other technologies that connect and exchange data with other devices and systems over the Internet or other communications network – in many cases a multiple of communications available. This provides an ecosystem in real-time data and in some use cases retrieval of data on schedules times and potentially on demand or in system failures.IoT can be classified in to following types based on the application. Primarily we haveConsumer IoT - Primarily for everyday use. Eg: home appliances, voice assistance, and light fixtures. Commercial IoT - Primarily used in the healthcare and transport industries. Eg: smart pacemakers and monitoring systems.Hybrid Remote offices with VPN’s for security and data- analytics and AiMilitary Things (IoMT) - Primarily used for the application of IoT technologies in the military field. Eg: surveillance robots and human-wearable biometrics for combatIndustrial Internet of Things (IoT) - Primarily used with industrial applications, such as in the manufacturing and energy sectors. Eg: Digital control systems, smart agriculture and industrial big data. Infrastructure IoT - Primarily used for connectivity in smart cities. Eg: infrastructure sensors and management systems. Embedded Payments Tech and Payments AutomationSmartCard Marketing Systems Inc. (OTCQB:SMKG) Tech suite of 22+ platforms offers a Multi-Industry and Multi-Tier IoT solutions Centre for Home Consumers, Commercial enterprises and Infrastructure projects. Our knowledge in data management, analysis and Artificial Intelligence allows for knowledge based models in real-time automation that can include payment technology for embedded payments.Example: Granularchain - a digital ID Key Issuing and Exchange engine using DUKPT methodology with permission based digital onboarding and E-KYC/E-KYB with a Video Biometrics solution offering multi-level authentication for individuals, businesses and devices on a permission based transaction architecture for data and documents exchange encrypted Vault.The business use case for Granularchain comprises of SmartCities, Digital Passport...