‘IoT’ refers to a revolutionary state where Things (e.g. everyday objects, environments, vehicles and clothing) are expected to become active participants in business, by having more and more information associated with them. They will be enabled to interact and communicate among themselves and with the environment and may have the ability to sense, communicate and network (whether via RFID, wireless LAN, wide-area network, or other means), and also produce new information, becoming a readable, recognizable, locatable, addressable, controllable and integral part of the Internet