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With the necessity to be connected to the Internet, the Internet of Things (IoT) will receive more and more attention. By using RFID technologies, IoT will be able to connect everyday devices and transfer data between them. Like other service providers, IoT technologies will offer many opportunities for libraries, from tracking room usage and program attendance to monitoring humidity levels for special collections, and many more applications. In this paper, we are discussing about the nature of IoT, opportunities and challenges of using IoT in libraries. Despite of having challenges, IoT will contribute effectively to the transformation and innovation of library resources and services.