Internet of Things: Regulatory Ecosystem and Consumer Product Health and Safety
By João Pedro Paro – Technological Revolutions are quiet and astonishing. Step by step new technological applications are pushing existing paradigms and changing the way business is transacted by consumers, companies and in society. In the past, electricity and printing had a revolutionary role in social development, shifting all sectors of life. These days, the Internet of Things (IoT) is pivotal in creating quick, profound and quiet transformations.
According to the Committee on Digital Economy Policy of Directorate for Science, Technology and Innovation of OCED:
The Internet of Things (IoT) could soon be as commonplace as electricity in the everyday lives of people in OECD countries. As such, it will play a fundamental role in economic and social development in ways that would have been challenging to predict as recently as two or three decades ago[1].
In 2008-2009, according to Cisco IBSG – Internet Business Solutions, there were more connected objects, such as smartphones, tablets and computers, than the world’s population. Therefore, this period is considered the year that IoT was born[2]. In 2008, Rob Van Kranemburg published “The Internet of Things”, which addresses a new paradigm in which objects produce information. Read On:
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