scholarly journals The Internet of Things: Trends and Development Prospects

Webology ◽  
2021 ◽  
Vol 18 (Special Issue 04) ◽  
pp. 931-943
Author(s):  
Elena A. Kirillova ◽  
Varvara Vladimirovna Bogdan ◽  
Olga Grigoryevna Larina ◽  
Petr Martynovich Filippov ◽  
Valentin Nikolaevich Tkachev
Keyword(s):  
Internet Of Things ◽  
Business Models ◽  
Legal Framework ◽  
The Internet ◽  
Legal Doctrine ◽  
Intellectual Activity ◽  
Advantages And Disadvantages ◽  
Strategic Factor ◽  
The Internet Of Things ◽  
Development Prospects

This article looks at the trends and development prospects of the Internet of Things. The Internet of Things is viewed as a strategic factor in economic growth that leads to the emergence of new business segments, changes in the existing business models, the structure of industry markets, economy, and society in general, and evolution of the legal matter. The newly developed socio-economic relations are transforming into legal relations. Smart contracts suggest looking at the classical legal doctrine of contractual law from a different angle. The objective of the research is to examine the specific features and development prospects of the Internet of Things, analyze the existing frameworks of its legal coverage, their advantages and disadvantages, and suggest optimal conditions for the regulation of the Internet of Things. In the course of the creation of this article, the following methods are used: methods of gathering and studying individual facts; the generalization method; the method of scientific abstraction; the method of pattern recognition; methodological objectivity, specificity, and pluralism. According to the conclusion made in this article, the Internet of Things represents a network of identified objects that interact with each other and with the external environment via the Internet and embedded systems without human involvement. The usage of the Internet of Things in the context of big data leads to information legal relations when information can serve as an object of economic turnover. At the same time, from the perspective of civil law, exchange of information is viewed as rendering service or relations connected with results of intellectual activity, including databases and know-how. However, these concepts do not apply to the sphere of the Internet of Things. Thus, it is necessary to develop an approach that would make provisions for a legal framework allowing defining information as a subject of civil transactions.

Open Issues and Security Challenges of Data Communication Channels in Distributed Internet of Things (IoT): A Survey

2018 ◽  
Vol 3 (1) ◽  
pp. 22-32 ◽  
Author(s):  
Ernest Ezema ◽  
Azizol Abdullah ◽  
Nor Fazlida Binti Mohd
Keyword(s):  
Internet Of Things ◽  
Radio Frequency Identification ◽  
Industrial Revolution ◽  
Security And Privacy ◽  
The Internet ◽  
Ongoing Research ◽  
Advantages And Disadvantages ◽  
Exchange Information ◽  
The Internet Of Things ◽  
Open Issues

The concept of the Internet of Things (IoT) has evolved over time. The introduction of the Internet of Things and Services into the manufacturing environment has ushered in a fourth industrial revolution: Industry 4.0. It is no doubt that the world is undergoing constant transformations that somehow change the trajectory and history of humanity. We can illustrate this with the first and second industrial revolutions and the information revolution. IoT is a paradigm based on the internet that comprises many interconnected technologies like RFID (Radio Frequency Identification) and WSAN (Wireless Sensor and Actor Networks) to exchange information. The current needs for better control, monitoring and management in many areas, and the ongoing research in this field, have originated the appearance and creation of multiple systems like smart-home, smart-city and smart-grid. The IoT services can have centralized or distributed architecture. The centralized approach provides is where central entities acquire, process, and provide information while the distributed architectures, is where entities at the edge of the network exchange information and collaborate with each other in a dynamic way. To understand the two approaches, it is necessary to know its advantages and disadvantages especially in terms of security and privacy issues. This paper shows that the distributed approach has various challenges that need to be solved. But also, various interesting properties and strengths. In this paper we present the main research challenges and the existing solutions in the field of IoT security, identifying open issues, the industrial revolution and suggesting some hints for future research.

The future of the Internet of Things: toward heterarchical ecosystems and service business models

2018 ◽  
Vol 33 (6) ◽  
pp. 749-767 ◽  
Author(s):  
Seppo Leminen ◽  
Mervi Rajahonka ◽  
Mika Westerlund ◽  
Robert Wendelin
Keyword(s):  
Internet Of Things ◽  
Business Model ◽  
Value Chain ◽  
Large Scale ◽  
Business Models ◽  
The Internet ◽  
Content Type ◽  
Industry Collaboration ◽  
New Business ◽  
The Internet Of Things

Purpose This study aims to understand their emergence and types of business models in the Internet of Things (IoT) ecosystems. Design/methodology/approach The paper builds upon a systematic literature review of IoT ecosystems and business models to construct a conceptual framework on IoT business models, and uses qualitative research methods to analyze seven industry cases. Findings The study identifies four types of IoT business models: value chain efficiency, industry collaboration, horizontal market and platform. Moreover, it discusses three evolutionary paths of new business model emergence: opening up the ecosystem for industry collaboration, replicating the solution in multiple services and return to closed ecosystem as technology matures. Research limitations/implications Identifying business models in rapidly evolving fields such as the IoT based on a small number of case studies may result in biased findings compared to large-scale surveys and globally distributed samples. However, it provides more thorough interpretations. Practical implications The study provides a framework for analyzing the types and emergence of IoT business models, and forwards the concept of “value design” as an ecosystem business model. Originality/value This paper identifies four archetypical IoT business models based on a novel framework that is independent of any specific industry, and argues that IoT business models follow an evolutionary path from closed to open, and reversely to closed ecosystems, and the value created in the networks of organizations and things will be shareable value rather than exchange value.

scholarly journals Research of long radius technology for implementation of solutions of the Іnternet of things

Connectivity ◽  
2020 ◽  
Vol 148 (6) ◽  
Author(s):  
S. A. Zhezhkun ◽  
◽  
L. B. Veksler ◽  
S. M. Brezitsʹkyy ◽  
B. O. Tarasyuk
Keyword(s):  
Internet Of Things ◽  
Third Party ◽  
Security And Privacy ◽  
The Internet ◽  
Daily Lives ◽  
Advantages And Disadvantages ◽  
Iot Applications ◽  
Security Properties ◽  
Technical Features ◽  
The Internet Of Things

This article focuses on the analysis of promising technologies for long-range traffic transmission for the implementation of the Internet of Things. The result of the review of technical features of technologies, their advantages and disadvantages is given. A comparative analysis was performed. An analysis is made that in the future heterogeneous structures based on the integration of many used radio technologies will play a crucial role in the implementation of fifth generation networks and systems. The Internet of Things (IoT) is heavily affecting our daily lives in many domains, ranging from tiny wearable devices to large industrial systems. Consequently, a wide variety of IoT applications have been developed and deployed using different IoT frameworks. An IoT framework is a set of guiding rules, protocols, and standards which simplify the implementation of IoT applications. The success of these applications mainly depends on the ecosystem characteristics of the IoT framework, with the emphasis on the security mechanisms employed in it, where issues related to security and privacy are pivotal. In this paper, we survey the security of the main IoT frameworks, a total of 8 frameworks are considered. For each framework, we clarify the proposed architecture, the essentials of developing third-party smart apps, the compatible hardware, and the security features. Comparing security architectures shows that the same standards used for securing communications, whereas different methodologies followed for providing other security properties.

scholarly journals Ownership of personal data in the Internet of Things

2019 ◽  
Author(s):  
Vaclav Janecek
Keyword(s):  
Internet Of Things ◽  
Personal Information ◽  
Personal Data ◽  
The Internet ◽  
Eu Law ◽  
Top Down ◽  
Advantages And Disadvantages ◽  
Policy Debates ◽  
Future Work ◽  
The Internet Of Things

This article analyses, defines, and refines the concepts of ownership and personal data to explore their compatibility in the context of EU law. It critically examines the traditional dividing line between personal and non-personal data and argues for a strict conceptual separation of personal data from personal information. The article also considers whether, and to what extent, the concept of ownership can be applied to personal data in the context of the Internet of Things (IoT). This consideration is framed around two main approaches shaping all ownership theories: a bottom-up and top-down approach. Via these dual lenses, the article reviews existing debates relating to four elements supporting introduction of ownership of personal data, namely the elements of control, protection, valuation, and allocation of personal data. It then explores the explanatory advantages and disadvantages of the two approaches in relation to each of these elements as well as to ownership of personal data in IoT at large. Lastly, the article outlines a revised approach to ownership of personal data in IoT that may serve as a blueprint for future work in this area and inform regulatory and policy debates.

scholarly journals Designing Business Models for the Internet of Things

2014 ◽  
Vol 4 (7) ◽  
pp. 5-14 ◽  
Author(s):  
Mika Westerlund ◽  
Seppo Leminen ◽  
Mervi Rajahonka
Keyword(s):  
Internet Of Things ◽  
Business Models ◽  
The Internet ◽  
The Internet Of Things

Blockchain Technology and Its Uses in the Tourism Industry

2020 ◽  
pp. 24-42
Author(s):  
Yunus Topsakal
Keyword(s):  
Artificial Intelligence ◽  
Internet Of Things ◽  
Global Economy ◽  
Tourism Industry ◽  
The Internet ◽  
Public And Private ◽  
The Public ◽  
Advantages And Disadvantages ◽  
Blockchain Technology ◽  
The Internet Of Things

The public and private sectors will undergo a significant transformation with the use of blockchain technology, and this potential of blockchain technology will be influential in all areas of life. In addition, blockchain technology can help ease the integration of the Internet of Things, augmented reality, and artificial intelligence applications. The question of how such a technology that is in the process of development will be applied in areas such as taxation, notary operations, and banking, arises simultaneously. Studies related to blockchain technology have mainly been carried out in the fields of finance, logistics, banking, and education. However, there is a paucity of studies on blockchain technology in the tourism industry which has an important role in the global economy. Therefore, the potential of using blockchain technology in the tourism industry is evaluated in this chapter. For this purpose, the features, advantages, and disadvantages of blockchain technology are explained. The potential uses of blockchain technology in the tourism industry are then discussed.

scholarly journals Actors in the Emerging Internet of Things Ecosystems

2017 ◽  
Vol 9 (1) ◽  
pp. 57-75 ◽  
Author(s):  
Seppo Leminen ◽  
Mervi Rajahonka ◽  
Mika Westerlund
Keyword(s):  
Internet Of Things ◽  
Business Models ◽  
Peer To Peer ◽  
The Internet ◽  
Role Behavior ◽  
Analyse Data ◽  
The Internet Of Things

This study investigates actors in the ecosystems of the Internet of Things (IoT). Previous research suggests that unstructured ecosystems make one of the greatest challenges for creating business models for the IoT. The present study concludes four contributions. First, the study reviews literature to develop a framework for role mechanisms in ecosystems and applies the framework to analyse data from fifteen interviews in six cases. Second, it identifies four diverse actor roles in IoT ecosystems: butterfly, ant and greenfly, spider, and the swarm of bees. Third, the study shows how actors take and make different roles in four emerging IoT ecosystems; product-, company-, industry-, and peer to peer ecosystems, which are structured in accordance with the identified actors' role behavior. Fourth, it suggests a new role pattern, role replication, where companies replicate their value designs and networks to other contexts.

scholarly journals PROSPECTS FOR THE DEVELOPMENT OF THE INTERNET OF THINGS MARKET IN THE REPUBLIC OF BELARUS

2018 ◽  
pp. 49-62
Author(s):  
Yu. MELESHKO
Keyword(s):  
Internet Of Things ◽  
Industrial Sector ◽  
Economic Consequences ◽  
The Internet ◽  
Industrial Internet Of Things ◽  
Industrial Internet ◽  
The Republic ◽  
Use Of The Internet ◽  
The Internet Of Things ◽  
Development Prospects

The article considers the problems of the development of the industrial Internet of things in the Republic of Belarus as one of the system-forming technologies in the industrial sector. Based on the analysis of terminological features of the Internet of things, the concept and main characteristics of the industrial Internet of things are revealed. The economic consequences of using this technology in industrial production are shown. The formation and development of the Internet market of things in the Republic of Belarus in the context of its infrastructure component, spheres of use, main producers and consumers is considered. The factors preventing the wider use of the Internet of things in the industry of Belarus, and the development prospects of the market under consideration are revealed.

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