Impact of IOT in Current Era

The idea of connecting all the embedded devices around us to the internet packs in a lot of potential of changing the way of our lives and the world. It enables us to live a smart life in a smart world. Internet of Things (IoT) can be used in various ways in different fields to make our lives easier. Many top companies and governments have learnt the true potential of IoT and are now investing on it to harness its benefits. This paper will specify the initial study about IoT, its working and its benefits and problems. This paper also studies the various challenges that IoT has faced in its proper functioning and implementation and mention certain ways to overcome these challenges and use IoT in its fullest potential for the betterment of our lives and the world.