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Unifying Blockchian and IoT:Security Requirements, Challenges, Applications and Future Trends - 2019

Unifying Blockchian and IoT:Security Requirements, Challenges, Applications and Future Trends

Research paper on Unifying Blockchian and IoT:Security Requirements, Challenges, Applications and Future Trends

Research Area:  Blockchain Technology

Abstract:

Blockchain is a decentralized and distributed public ledgers which holds sensitive and invariant data in an encrypted and secured manner to ensure no mid-way alterations are possible in a transaction, proving user a secure and trustable facility. While cryptocurrency like Bitcoin are major and most popular faces, Blockchain technology has gained a huge momentum recently. Objective of this paper is to layout a detailed survey on blockchain technology, to explain some important terminologies related to Blockchain, to compare IoT and traditional network on the basis of security, compatibility and capacity and to provide an insight on blockchain based IoT and Industrial IoT. Later, the challenges faced while adopting blockchain in IoT and it-s future scopes are discussed.

Keywords:  
Blockchain
IoT
Industrial IoT
Consensus
Smart Contract
Ledger
Security

Author(s) Name:   Tejsi Sharma; Shivangi Satija; Bharat Bhushan

Journal name:  

Conferrence name:  2019 International Conference on Computing, Communication, and Intelligent Systems (ICCCIS)

Publisher name:  IEEE

DOI:  10.1109/ICCCIS48478.2019.8974552

Volume Information: