“…This sense of authority cannot only increase trust in the system but also ensure widespread adoption of the technology. On the other hand, the IoT is also a very competitive technology and is part of (or going to be part of) almost every big industry, such as smart homes [ 2 , 3 , 4 , 5 , 6 , 7 , 8 ], construction [ 9 , 10 , 11 ], smart grids [ 12 , 13 , 14 , 15 , 16 , 17 , 18 , 19 , 20 , 21 , 22 , 23 ], automated car manufacturing industries [ 24 , 25 ], supply chains [ 26 , 27 , 28 , 29 , 30 , 31 , 32 ], healthcare [ 33 , 34 , 35 , 36 , 37 , 38 ], the space industry [ 39 , 40 ], etc. If every industry is involved in IoT, then you may end up giving control of your home or health records (or any other domain) to a centralized authority, this will raise the issue of the central point of failure and place your total trust in this authority [ 41 ].…”