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Blockchain technology has the potential to revolutionize the security of Internet of Things (IoT) networks. Traditional security methods are expensive and inefficient for IoT networks due to their limited resources. Blockchain offers a decentralized, shared, distributed, and immutable database ledger that is tamper-proof and records all transactions or data in chronological order. This makes it an ideal security solution for IoT networks, as it eliminates the need for a centralized gateway and provides a secure way to store data.
