scholarly journals Integrating Blockchain Technology with Internet of things to Efficiency

Author(s):  
Nizar Alsharari

The research study focused on integrating blockchain technology with the internet of things. The study is necessitated by the need to come up with practical and feasible means to improve the accuracy, accountability and trust among various parties involved in blockchain transactions. The research recognizes the fact that there has been an increasing using of the cryptocurrency in the global market. This has lead to the emergence of blockchain, which is one of the disruptive technologies in the information and technology sector. The research study indicates that there is a need to improve on the architecture of blockchain and the IoT system. It shows that there is a need to develop a new model to improve its efficiency and accuracy. This research paper recommends the use of decentralized model to enhance the efficiency of the integration of the blockchain technology and IoT.

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):  
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.


Author(s):  
Ludmila Zaharchenko ◽  
Oksana Chepinoga ◽  
Natalya Epova

In the current context, innovation development is particularly relevant. Russia is an outsider in the global market of high-technology products, but the government is taking active steps to develop an innovative economy. The article provides a brief description of the theory of innovation and assesses the position of Russia among other countries at the current stage of innovative development. The paper emphasizes the importance of the government in building a national system of innovation and the need for the companies in this business field to be proactive. The importance for the Russian economy to find its own way of innovation development is emphasized. Aircraft industry which creates sophisticated, science-intensive products is reviewed as an example of the most promising in this aspect of the industry. The authors substantiate the choice of the Internet of Things technology as a base for the development of innovations in the industry, considering it to be a key phenomenon in the context of the Fourth Industrial Revolution and propose a universal algorithm for the use of this technology at the company level. The article provides examples of the introduction of the Internet of Things in the global aviation industry and the ways of applying them in Russia.


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.


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