Blockchain-Based Incentive Mechanism in Internet of Things: Survey and Vision

Yumeng Peng, Haihan Duan · 2024

The rapid proliferation of the Internet of Things (IoT) has resulted in an exponential surge in data generation, necessitating robust and secure platforms for data transactions. Blockchain technology, characterized by its immutability and de-centralized architecture, emerges as a promising solution offering enhanced transparency and security. This survey provides an in-depth exploration of blockchain-based incentive mechanisms for IoT applications, systematically categorized into Shapley value, Stackelberg game, and auction model. Each category is examined through its theoretical underpinnings, analytical methodologies, and specific advantages within IoT. By discussing the unique challenges and opportunities at the convergence of blockchain and IoT, this paper seeks to furnish a comprehensive guide for future endeavors in blockchain-enabled IoT ecosystems.

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