Towards a Standard Framework for Integrating Blockchain with the Internet of Things
Sadegh Sohani, Maliheh Shahryari, Mohammad Allahbakhsh, Haleh Amintoosi · 2024
The fusion of blockchain technology and the Internet of Things (IoT) presents a promising avenue for revolutionizing various industries by addressing critical challenges such as data security, privacy, and interoperability. This paper explores how combining blockchain technology with the Internet of Things (IoT) can revolutionize industries. Current IoT systems face challenges like centralized control and cyberattacks, compromising data security, privacy, and device compatibility. To address these issues, this paper proposes a standardized approach for integrating blockchain with IoT. We analyze existing frameworks and best practices, leveraging the strengths of blockchain’s decentralized ledgers, cryptography, and smart contracts. This integrated approach aims to enhance data integrity, privacy, and trust within IoT deployments. Ultimately, this paper provides stakeholders with a roadmap for building robust, secure, and interoperable IoT ecosystems empowered by blockchain technology.