The proliferation of Internet of Things (IoT) devices, expected to surpass 25 billion by 2021, has created a unique opportunity for integration with blockchain technology, specifically through the use of smart contracts and decentralized oracles like Chainlink. IoT devices, which range from consumer products to smart infrastructure, can benefit from blockchain’s security, automation, and transparency features, offering enterprises improved efficiency and real-time monitoring across various sectors. By leveraging smart contracts, IoT data can be securely recorded and executed on blockchain networks, providing tamper-proof transactional automation and eliminating issues such as late payments and contract disputes. Chainlink’s decentralized oracles facilitate these integrations by enabling IoT devices to interact with blockchain environments, supporting applications in supply chain tracking, accounting, health wearables, parametric insurance, vehicle rentals, and environmental monitoring. This combination of technologies promises to enhance data-driven processes, unlock new markets, and create sustainable business models by ensuring secure, transparent, and efficient interactions between IoT devices and blockchain networks.