scholarly journals On The Case of Blockchain Adoption in the Internet of Things

Proceedings ◽  
2018 ◽  
Vol 2 (19) ◽  
pp. 1231 ◽  
Author(s):  
Davide Pedrini ◽  
Mauro Migliardi ◽  
Carlo Ferrari ◽  
Alessio Merlo

Recently blockchain technology has been advocated as a solution fitting many different problems in several applicative fields; among these fields there is the Internet of Things (IoT) too. In this paper we show the most significant properties of a blockchain, how they suite the use case of a cryptocurrency and how they map onto the needs of IoT systems. We claim that a blockchain does not provide a significant advantage with respect to other database technologies in a field such as Internet of Things where computational power comes at a premium, energy is often scarce and storage scalability is a major challenge.

2019 ◽  
Vol 9 (23) ◽  
pp. 5159 ◽  
Author(s):  
Shichang Xuan ◽  
Yibo Zhang ◽  
Hao Tang ◽  
Ilyong Chung ◽  
Wei Wang ◽  
...  

With the arrival of the Internet of Things (IoT) era and the rise of Big Data, cloud computing, and similar technologies, data resources are becoming increasingly valuable. Organizations and users can perform all kinds of processing and analysis on the basis of massive IoT data, thus adding to their value. However, this is based on data-sharing transactions, and most existing work focuses on one aspect of data transactions, such as convenience, privacy protection, and auditing. In this paper, a data-sharing-transaction application based on blockchain technology is proposed, which comprehensively considers various types of performance, provides an efficient consistency mechanism, improves transaction verification, realizes high-performance concurrency, and has tamperproof functions. Experiments were designed to analyze the functions and storage of the proposed system.


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. 


Author(s):  
Konstantinos Kotis ◽  
Artem Katasonov

Internet of Things should be able to integrate an extremely large amount of distributed and heterogeneous entities. To tackle heterogeneity, these entities will need to be consistently and formally represented and managed (registered, aligned, composed and queried) trough suitable abstraction technologies. Two distinct types of these entities are a) sensing/actuating devices that observe some features of interest or act on some other entities (call it ‘smart entities’), and b) applications that utilize the data sensed from or sent to the smart entities (call it ‘control entities’). The aim of this paper is to present the Semantic Smart Gateway Framework for supporting semantic interoperability between these types of heterogeneous IoT entities. More specifically, the paper describes an ontology as the key technology for the abstraction and semantic registration of these entities, towards supporting their automated deployment. The paper also described the alignment of IoT entities and of their exchanged messages. More important, the paper presents a use case scenario and a proof-of-concept implementation.


Author(s):  
Raja Jayaraman ◽  
Khaled Salah ◽  
Nelson King

Despite key advances in healthcare informatics and management, little progress to address supply chain process-related problems has been made to date. Specifically, key healthcare supply chain processes include product recalls, monitoring of product supply shortages, expiration, and counterfeits. Implementing and executing these processes in a trusted, secure, efficient, globally accessible and traceable manner is challenging due to the fragmented nature of the healthcare supply chain, which is prone to systemic errors and redundant efforts that may compromise patient safety and impact health outcomes adversely. Blockchain, combined with the Internet of things (IoT), is an emerging technology that can offer a practical solution to these challenges. Accordingly, IoT blockchain offers a superior way to track and trace products via a peer-to-peer distributed, secure, and shared ledger of the blockchain network. This article highlights key challenges related to healthcare supply chains, and illustrates how IoT blockchain technologies can play a role in overcoming these challenges now and in the near future.


Author(s):  
Yunus Topsakal

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.


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