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This book explains IoT technology, its potential applications, the security and privacy aspects, the key necessities like governance, risk management, regulatory compliance needs, the philosophical aspects of this technology that are necessary to support an ethical, safe and secure digitally enhanced environment in which people can live smarter. It describes the inherent technology of IoT, the architectural components and the philosophy behind this emerging technology. Then it shows the various potential applications of the Internet of Things that can bring benefits to the human society. Finally, it discusses various necessities to provide a secured and trustworthy IoT service.