DZone
Thanks for visiting DZone today,
Edit Profile
  • Manage Email Subscriptions
  • How to Post to DZone
  • Article Submission Guidelines
Sign Out View Profile
  • Post an Article
  • Manage My Drafts
Over 2 million developers have joined DZone.
Log In / Join
Refcards Trend Reports Events Over 2 million developers have joined DZone. Join Today! Thanks for visiting DZone today,
Edit Profile Manage Email Subscriptions Moderation Admin Console How to Post to DZone Article Submission Guidelines
View Profile
Sign Out
Refcards
Trend Reports
Events
Zones
Culture and Methodologies Agile Career Development Methodologies Team Management
Data Engineering AI/ML Big Data Data Databases IoT
Software Design and Architecture Cloud Architecture Containers Integration Microservices Performance Security
Coding Frameworks Java JavaScript Languages Tools
Testing, Deployment, and Maintenance Deployment DevOps and CI/CD Maintenance Monitoring and Observability Testing, Tools, and Frameworks
Culture and Methodologies
Agile Career Development Methodologies Team Management
Data Engineering
AI/ML Big Data Data Databases IoT
Software Design and Architecture
Cloud Architecture Containers Integration Microservices Performance Security
Coding
Frameworks Java JavaScript Languages Tools
Testing, Deployment, and Maintenance
Deployment DevOps and CI/CD Maintenance Monitoring and Observability Testing, Tools, and Frameworks
What's in store for DevOps in 2023? Hear from the experts in our "DZone 2023 Preview: DevOps Edition" on Fri, Jan 27!
Save your seat
  1. DZone
  2. Data Engineering
  3. Data
  4. How Does Blockchain Technology Work with IoT?

How Does Blockchain Technology Work with IoT?

IoT and blockchain technologies are both considered disruptive technologies in their own right, but can they work together to form some kind of synergy?

Saroj Kumar user avatar by
Saroj Kumar
·
Feb. 06, 18 · Opinion
Like (8)
Save
Tweet
Share
12.05K Views

Join the DZone community and get the full member experience.

Join For Free

Blockchain, the distributed ledger technology, that secures the transaction of cryptocurrencies like bitcoin over the Internet between two end-users is deemed as a savior against the cyber-threats that are looming high on the forefront of smart IoT-based concepts from smart home to smart cars to smart agriculture and beyond.

Concept of Blockchain

Each user or his/her wallet serves as a node in the network connected by the Internet and a transaction between the users materializes when the majority of the nodes approves a transaction. So, unlike banks or financial institutions here public have the control of the transaction.

What Makes Blockchain So Secure

Well, the answer lies in its architecture. Each wallet is governed by two keys: a private key and a public key. When a user initiates a transaction, he or she broadcasts an encrypted message in the network using his/her private key. The message propagates and reaches out to the network members who can decrypt it using their public key. The encrypted message is, in fact, a digital signature - a string of texts that can be arranged with a probability of 2 raised to the power of 160, which comes out as 1461501637330902918203684832716283019655932542976. Thus, it’s almost difficult for anyone to trace the user’s wallet or tamper the data stored over there. The signature passes from node to node and any disagreement regarding the order of transaction helps in checking any fraud or data breaching attempt.

A. Integrating Blockchain Security with IoT

With IoT converting more and more offline objects into online assets, homes, transports, manufacturing units, agriculture fields, aquaculture bodies have become more vulnerable to e-Threats. Today, not just our smartphone and desktop but everything needs protection, and the businesses that are on the cusp of adopting and deploying technologies need more strategic protection.

  • It’s not just we, but technology advisory and consulting firms to the likes of Gartner, are quite optimistic about the prospects of using blockchain with the Internet of Things. The nodes described in the blockchain are analogous to the objects that are connected in the IoT ecosystem. Blockchain-based IoT will make our connected home, connected cars and everything based on the similar concept more reliable and secure.
  • Leveraging AI, businesses can make the IoT more extensive in its approach to data analysis and dig out insights.  BI Intelligence is helpful in reading the market trend and understanding the consumer’s requirements better.

B. Holistic Approach to Blockchain IoT

Businesses adopting it faster will have a chance to ace the market competition. Doing so requires building intelligent IoT ecosystem with the utilization of enhanced AI- and- machine learning-enabled IoT platforms including Microsoft Azure IoT, AWS IoT Platform, Microsoft Azure IoT, Google Cloud IoT and IBM Watson. Key attributes that you must look for in your Blockchain IoT app developmentcompany:

  • Large Scale Data Management: Artificial intelligence and ML require storage and processing of the colossal amount of information or data, so your technology partner must have a hands-on experience in data aggregation from a variety of sources including structured and unstructured data, data ingestion, data cleansing and normalization, and data enrichment.
  • Domain-Specific Knowledge: To derive the warranted performance or result from the investment, domain-specific knowledge and data intelligence must be applied to the models.
  • Development Complexity: Today enterprises need high performance compute infrastructure to cope with the growing business needs and customer's expectation. Hence, the IoT app development company that you partner with must have the capability to deal with the complexity of the business operation and data processing.

IoT Blockchain IT Data (computing) azure AI

Published at DZone with permission of Saroj Kumar. See the original article here.

Opinions expressed by DZone contributors are their own.

Popular on DZone

  • ChatGPT Prompts for Agile Practitioners
  • Better Performance and Security by Monitoring Logs, Metrics, and More
  • Kubernetes vs Docker: Differences Explained
  • How to Create a Real-Time Scalable Streaming App Using Apache NiFi, Apache Pulsar, and Apache Flink SQL

Comments

Partner Resources

X

ABOUT US

  • About DZone
  • Send feedback
  • Careers
  • Sitemap

ADVERTISE

  • Advertise with DZone

CONTRIBUTE ON DZONE

  • Article Submission Guidelines
  • Become a Contributor
  • Visit the Writers' Zone

LEGAL

  • Terms of Service
  • Privacy Policy

CONTACT US

  • 600 Park Offices Drive
  • Suite 300
  • Durham, NC 27709
  • support@dzone.com
  • +1 (919) 678-0300

Let's be friends: