The term Internet of Things was first used by Kevin Ashton in 1999. The concept of the Internet of Things first became popular through the Auto-ID Center and related market analysts publications. Radio-frequency identification (RFID) is often seen as a prerequisite for the Internet of Things. If all objects and people in daily life were equipped with radio tags, they could be identified and inventoried by computers. However, unique identification of things may be achieved through other means such as barcodes or 2D-codes as well.
Equipping all objects in the world with minuscule identifying devices could be transformative of daily life. For instance, business may no longer run out of stock or generate waste products, as involved parties would know which products are required and consumed. One’s ability to interact with objects could be altered remotely based on immediate or present needs, in accordance with existing end-user agreements.
Delay-tolerant networking (DTN) is an approach to computer network architecture that seeks to address the technical issues in heterogeneous networks that may lack continuous network connectivity. Examples of such networks are those operating in mobile or extreme terrestrial environments, or planned networks in space.
The ability to transport, or route, data from a source to a destination is a fundamental ability all communication networks must have. Delay and disruption-tolerant networks (DTNs) are characterized by their lack of connectivity, resulting in a lack of instantaneous end-to-end paths. In these challenging environments, popular ad hoc routing protocols such as AODV and DSR fail to establish routes. This is due to these protocols trying to first establish a complete route and then, after the route has been established, forward the actual data. However, when instantaneous end-to-end paths are difficult or impossible to establish, routing protocols must take to a “store and forward” approach, where data is incrementally moved and stored throughout the network in hopes that it will eventually reach its destination. The video shows the future of the Internet of Things
Watch: Internet of things is the future of Technology here
http://www.metacafe.com/watch/cb-oe50xClWIG2a/is_the_future_of_tech_the_internet_of_things/