A Study of Blockchain Solutions for IoT Issues
Debasis Mahapatra · International Journal for Research in Applied Science and Engineering Technology · 2020
Through the years, the blockchain has procured too much traction from the core technology in place.Blockchain is used in various areas like medical record keeping, equity trading, supply chain, immutable data backup systems etc.The Internet of Things (IoT) deals with the interactions between the present day smart devices to procure data and take decisions usually without user intervention to automate tasks.With such a network of variety of sensors and interconnected electronics, the collection of information in our world can be achieved at a very detailed level.Such digital knowledge will help in delivering services that are advanced in a wide scope of application domains including smart city services and healthcare.This incrementally diverse collection, processing of data related to private lives of people giving rise to serious security and privacy issues.The problem with IoT devise is , lower amount of computing power, limited storage capacity and considerably low network bandwidth.This makes them very likely to get attacked and misused.This paper addresses crucial issues related to the security of IOT and explores ways in which integration of blockchain might solve them.The issues that have yet not been tackled post the implementation of the blockchain have also been stated.