Decentralized Blockchain Technology for Security Enhancement of Internet of Things

Author(s):  
Pranav Ratta ◽  
Amanpreet Kaur ◽  
Sparsh Sharma
Author(s):  
Shreya Joshi ◽  
Ms Bhavyaa ◽  
Suhani Gupta ◽  
Lalita Luthra

Blockchain is considered to be a disruptive core technology. Although many researchers have realized the importance of blockchain, but the research of it is still emerging. It is the record-keeping technology behind bitcoin and is one of the hottest and fastest growing skills in the IT sector today. It serves as an immutable ledger which allows transactions to take place in a decentralized man Blockchain-based applications are rising up, covering numerous fields including finance, healthcare, product management, Internet of Things (IoT), and many more. However, there are still some challenges of blockchain technology such as scalability and security problems which need to be overcome. This paper comprises of a comprehensive study of Blockchain technology. We have included here a deep dive into how blockchains work, its architecture, consensus and various applications. Furthermore, technical challenges are briefly listed.


2018 ◽  
Vol 35 (2) ◽  
pp. 40-47
Author(s):  
S. M. Doguchaeva

The era of digital transformation provides the opportunity for leading companies to change priorities - to begin to take care of the support environment using innovative technologies and become a leading creative platform open for innovation. The successful development of the digital world, the blockchain technology, the Internet of things – the mechanism which will change the financial world. 


2021 ◽  
Vol 03 (01) ◽  
pp. 33-41
Author(s):  
Vittorio Astarita ◽  
Vincenzo Pasquale Giofrè ◽  
Giuseppe Guido ◽  
Alessandro Vitale

This paper intends to explore the convergence of some technological innovations that could lead to new cooperative Intelligent Transportation Systems (ITS). The technologies that might soon converge and lead to some new developments are: the Blockchain Technology (BT) concept, Internet of Things (IoT) and Connected and Automated Vehicles (CAV). Advantages and disadvantages of the new concepts founding a new ITS system are discussed in this conceptual paper. Blockchain technology has been recently introduced and many research ideas have been presented for application in the transportation sector. In this paper, we discuss a system that is based on a dedicated blockchain, able to involve both drivers and city administrations in the adoption of promising and innovative technologies that will create cooperation among connected vehicles. The proposed blockchain-based system can allow city administrators to reward drivers when they are willing to share travel data. The system manages in a special way the creation of rewards which are assigned to drivers and institutions participating actively in the system. Moreover, the system allows keeping a complete track of all transactions and interactions between drivers and city management on a completely open and shared platform. The main idea is to combine connected vehicles with BT to promote Cooperative ITS use, a better use of infrastructures and a more sustainable eco-system of cryptocurrencies. A short description of BT is introduced to evidence energy problems of sustainability in the implementation of Proof of Work (PoW) that is adopted by many blockchains.


Webology ◽  
2021 ◽  
Vol 18 (Special Issue 04) ◽  
pp. 453-465
Author(s):  
Nguyen Dinh Trung ◽  
Dinh Tran Ngoc Huy ◽  
Le Thi Thanh Huong ◽  
Ta Van Thanh ◽  
Nguyen Thi Phuong Thanh ◽  
...  

Once again in this study, we emphasizes strongly on applications of mathematical solutions for industrial uses. By using qualitative analysis, synthesis and inductive methods, together with statistic data, our paper target is to analyze aspects of SWOT analysis on blockchain technology and its opportunities for various industries and sectors in emerging markets such as Vietnam. This is based on the original foundation theory indicating that blockchain tech functioned as a mathematical solutions that can be applied for solving commerce secrets, with high data security and can be used for intellectual property. Among our research results is findings on the connection between IoTs - Internet of Things and blockchain tech, as well as relationship between AI - Artificial intelligence and blockchain tech. Last but not least authors propose cybersecurity risk solutions and there are policies implications attached.


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