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The fact that you are asking this question makes me believe that you are speaking without having tried to search for an answer on your own. As a CS graduate with secondary subject …

May I ask which part of Germany you live in and specifically what your opinion about TUM, KIT and RWTH Aachen is then? I think it is logically not profound to speak for whole Germa…

Agreed. The term you are looking for is called pervasive computing . Moreover when the so called "connected devices" can be mobile, then we are speaking about ubiquitous computing …

Decentralization, only by itself, does not imply privacy, agreed. However, it is a step towards it, in the sense of trust distribution.