Abstract
The ‘Things’ in ‘Internet of Things’ is ‘Everything’ and ‘Anything’ we are capable to imagine or fantasize. Internet of things is basically an extension of Internet into physical realm by means of things or embedded devices having unique identification number. A unique identifier is absolutely possible with IPv6, through which it is possible to have literally infinite number of unique identifiers. Technology is always growing and in modern times it is growing at hefty pace. Technological advances made internet easily available in the form of fixed and mobile broadband service at reasonable cost. Availability and affordability of internet coupled with embedded technologies, growth in the field of data mining and RFID technologies have led to development of devices capable of transmitting data without any human help. Although technologies such as 3D printing indicates the inception of Internet of things but significant amount of work is yet to be done in order to truly allow everything to act as things in the Internet of Things. This paper provides current status, architecture and components on which Internet of things will be based, barriers in front of Internet of things and possible smart application of ‘Internet of Things’.