Blockchain: A Ledger for IoT-Enabled Secure Systems

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Author(s): Ranjana Sikarwar (Amity University, Gwalior, India)
Copyright: 2021
Pages: 14
Source title: Blockchain and AI Technology in the Industrial Internet of Things
Source Author(s)/Editor(s): Subhendu Kumar Pani (Krupajal Computer Academy, India & Biju Patnaik University of Technology, India), Sian Lun Lau (Sunway University, Malaysia)and Xingcheng Liu (Sun Yat-sen University, China)
DOI: 10.4018/978-1-7998-6694-7.ch002

Keywords: Artificial Intelligence / Computer Science & IT / Data Mining and Databases / Information Science Reference

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Abstract

IoT is not the only buzzword proliferating in the technological world nowadays; blockchain, the underlying tech behind Bitcoin cryptocurrency, is also becoming more ubiquitous and mainstream in the world market. Blockchain and IoT are the perfect pair and seem to flourish together as there is an immense need of data security for the enormous data produced by IoT sensors. The integration of two technologies going hand-in-hand can make IoT objects more reliable and secure in the network. Many companies will exploit the integration of blockchain-based IoT systems in the near future as blockchain is more commendable. In the blockchain-based IoT systems, nodes deployed in the blockchain technology are more or less likely the devices connected in the IoT systems network. Blockchain-enabled IoT systems ease business processes and enhance transparency for improved customer experiences.

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