CONTEXTUAL IOT WITH BLOCKCHAIN

Provided is a system and method for writing IoT data of an object in transit and business context associated with the IoT data and/or the object to a blockchain. In one example, the method may include receiving sensor data of an object that is in a multi-party transactional process, identifying dynamic context of the object based on a current position of the object within the multi-party transactional process, generating a data block comprising the received sensor data of the object and the identified dynamic context of the object, and storing the data block within a blockchain on an immutable distributed ledger.