by Michael Swinson,Cheng Lim King & Wood Mallesons Melbourne, Australia
1. The Internet of Things (IoT) merges the physical and the digital worlds …
The IoT translates physical actions into digital reactions, and vice versa, by linking sensors on physical objects, via a communications network, to some centralised or distributed computing power. The classic example is the internet-connected fridge that automatically orders milk from your grocery store when you are running low.
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