The rapid development of the internet over the past two decades has paved the way for the Internet of Things (IoT), where interconnected devices communicate autonomously, collecting and processing data to perform automated tasks. This burgeoning IoT era is characterized by the integration of sensors, general-purpose devices, and back-end data storage systems, creating a network that operates with minimal human intervention. While current applications, such as automated temperature controls and irrigation systems, represent significant advancements, the full potential of IoT lies in overcoming challenges related to data transparency, consensus, and automated settlement processes among multiple stakeholders. The implementation of decentralized systems like Chainlink's oracle network offers a solution by securely integrating IoT devices with blockchain-based smart contracts, ensuring data integrity and facilitating trustless transactions. This infrastructure is crucial for achieving a highly automated world where devices and systems execute predefined functions based on verifiable data, moving towards a future where traditional contracts and IoT capabilities fuse seamlessly to autonomously manage and execute tasks across various domains.