New Frontiers in Communication and Intelligent Systems
Secure BlockChain protocol for IOT Business Applications
Authors: Vikram Dhiman, Bhavneet Singh and Sapinderjit Kaur
Publishing Date: 28-04-2022
ISBN: 978-81-95502-00-4
Abstract
The Internet of Things (IoT) specifies the connection of physical items that, for the purpose of sharing data and of interacting with other devices or systems through the Internet, include software, sensors, and other technologies. IoT equipment shares the sensor data it gathers with an IoT gateway or another peripheral device in which data are either referred to the cloud for local analysis. The combination of IoT and BlockChain opens the door for new possible experiences that reduce inefficiencies, enhance safety and expand the vision of all involved parties while enabling safe machine-to-machine transactions. Coupling these technologies makes it possible to trace a physical asset from the time, for instance, the mining of raw materials and between every stage of the supply chain to the end customer Internet of Things (IoT) connects the devices, objects through the internet using wireless technology. The proposed hybrid BlockChain solution offers several sorts of characteristics, including improved and more effective failure tolerance, improved system dependability, scalability and cheaper operating expenses.
Keywords
IOT, Block chain, Hash function, Proof-of-work, DApp.
Cite as
Vikram Dhiman, Bhavneet Singh and Sapinderjit Kaur, "Secure BlockChain protocol for IOT Business Applications", In: Rahul Srivastava and Aditya Kr. Singh Pundir (eds), New Frontiers in Communication and Intelligent Systems, SCRS, India, 2022, pp. 25-35. https://doi.org/10.52458/978-81-95502-00-4-4