Brazilian Internet of things Association and Argentina’s internet chamber have signed an agreement two combined these two countries to form a very strong IoT ecosystem. Both the countries are facing iot development issues, so the government of both Argentina & Brazil decided to have collaboration between the two. In a recent interview, the Brazilian government said that both countries are facing the same security and cyber issues. Challenges in relation to regulation, Industrial and import policies. The implementation of IoT hardware requires high security with strong implementation of the system as if handled carelessly, it can result in failure because it already incurs a huge cost while buying. Thus, the project will work upon the process of adoption of IoT in all the verticals. This initiative by both the governments will enable each and every sector to grow with the combined investment and shared resources will not be a burden on just one country. In recent times Brazil has faced a lot of Cybercrimes in return led to major robberies. The weak security system of the country Brazil has allowed many software hackers to free fledged access to confidential data and projects. Argentina, on the other hand, was in a huge need for investment in each and every sector to encourage technological developments in its economy. The association of both the country’s mutual agenda should be effective after the implementation project with an aim to decrease the cyber-crimes and to implement and create a strong IoT market.