IoT is a network of physical objects that are embedded with sensors, software, and other technologies that allow them to connect and exchange data with other devices and systems over the internet. These objects can range from everyday consumer devices like smartwatches and refrigerators to industrial equipment like manufacturing machines and oil rigs. Circular economy In the field of transportation, technology has also had a significant impact. Self-driving cars, for example, are poised to revolutionize the way we get around, offering increased safety, convenience, and efficiency. Similarly, advances in aviation technology have made air travel faster, more efficient, and more comfortable than ever before.