The answer is Yes, and the cryptocurrency slated to make this a reality is ... between smart devices, the IOTA cryptocurrency holds a lot of potential.
source https://www.google.com/url?rct=j&sa=t&url=https://www.btcwires.com/round-the-block/iota-the-future-cryptocurrency-of-iot/&ct=ga&cd=CAIyGmM2Nzk3ODA2ZWViNjVjODI6Y29tOmVuOlVT&usg=AFQjCNFUwzbPc1UKvGVxNF04sr9QcWt19g