Machine-To-Machine Commerce

Definition ∞ Machine-to-machine commerce refers to economic transactions conducted autonomously between interconnected devices or software agents without direct human involvement. These automated exchanges can involve payments for services, data, or resources. Blockchain technology often provides the secure and verifiable ledger for such interactions. It enables the creation of highly efficient, automated economic networks.
Context ∞ Machine-to-machine commerce is a rapidly developing area, particularly with the rise of the Internet of Things (IoT) and artificial intelligence. Discussions focus on secure payment channels, smart contract automation, and identity management for autonomous agents. Future developments anticipate widespread application in smart cities, automated logistics, and energy grids, where devices autonomously trade resources and services.