Blockchains for Internet of Things: Fundamentals, Applications, and Challenges

• URL: http://arxiv.org/abs/2405.04803v5
• Date: Sat, 15 Jun 2024 02:39:38 GMT
• Title: Blockchains for Internet of Things: Fundamentals, Applications, and Challenges
• Authors: Yusen Wu, Ye Hu, Mingzhe Chen, Yelena Yesha, Mérouane Debbah,
• Abstract summary: Not every blockchain system is suitable for specific IoT applications. Public blockchains are not suitable for storing sensitive data. We explore the blockchain's application in three pivotal IoT areas: edge AI, communications, and healthcare.
• Score: 38.29453164670072
• License: http://creativecommons.org/licenses/by/4.0/
• Abstract: Internet of Things (IoT) services necessitate the storage, transmission, and analysis of diverse data for inference, autonomy, and control. Blockchains, with their inherent properties of decentralization and security, offer efficient database solutions for these devices through consensus-based data sharing. However, it's essential to recognize that not every blockchain system is suitable for specific IoT applications, and some might be more beneficial when excluded with privacy concerns. For example, public blockchains are not suitable for storing sensitive data. This paper presents a detailed review of three distinct blockchains tailored for enhancing IoT applications. We initially delve into the foundational aspects of three blockchain systems, highlighting their strengths, limitations, and implementation needs. Additionally, we discuss the security issues in different blockchains. Subsequently, we explore the blockchain's application in three pivotal IoT areas: edge AI, communications, and healthcare. We underscore potential challenges and the future directions for integrating different blockchains in IoT. Ultimately, this paper aims to offer a comprehensive perspective on the synergies between blockchains and the IoT ecosystem, highlighting the opportunities and complexities involved.

Related papers

• Mastering AI: Big Data, Deep Learning, and the Evolution of Large Language Models -- Blockchain and Applications [17.293955748551053]
  The article begins with an introduction to cryptography fundamentals. It covers topics such as proof-of-work, proof-of-stake, and smart contracts. The article concludes by addressing the current state of academic research on blockchain.
  arXiv  Detail & Related papers  (2024-10-14T02:56:36Z)
• IT Strategic alignment in the decentralized finance (DeFi): CBDC and digital currencies [49.1574468325115]
  Decentralized finance (DeFi) is a disruptive-based financial infrastructure. This paper seeks to answer two main questions 1) What are the common IT elements in the DeFi? And 2) How the elements to the IT strategic alignment in DeFi?
  arXiv  Detail & Related papers  (2024-05-17T10:19:20Z)
• Enhancing Trust and Privacy in Distributed Networks: A Comprehensive Survey on Blockchain-based Federated Learning [51.13534069758711]
  Decentralized approaches like blockchain offer a compelling solution by implementing a consensus mechanism among multiple entities. Federated Learning (FL) enables participants to collaboratively train models while safeguarding data privacy. This paper investigates the synergy between blockchain's security features and FL's privacy-preserving model training capabilities.
  arXiv  Detail & Related papers  (2024-03-28T07:08:26Z)
• A Review on the Use of Blockchain for the Internet of Things [0.0]
  The paradigm of Internet of Things (IoT) is paving the way for a world, where many of our daily objects will be interconnected and will interact with their environment. Such a vision requires, among other things, seamless authentication, data privacy, security, robustness against attacks, easy deployment, and self-maintenance. Such features can be brought by blockchain, a technology born with a cryptocurrency called Bitcoin.
  arXiv  Detail & Related papers  (2024-02-01T15:48:45Z)
• Generative AI-enabled Blockchain Networks: Fundamentals, Applications, and Case Study [73.87110604150315]
  Generative Artificial Intelligence (GAI) has emerged as a promising solution to address challenges of blockchain technology. In this paper, we first introduce GAI techniques, outline their applications, and discuss existing solutions for integrating GAI into blockchains.
  arXiv  Detail & Related papers  (2024-01-28T10:46:17Z)
• Challenges in Blockchain as a Solution for IoT Ecosystem Threats and Access Control: A Survey [1.5884920236067408]
  The Internet of Things (IoT) is increasingly influencing and transforming various aspects of our daily lives. Contrary to popular belief, it raises security and privacy issues as it is used to collect data from consumers or automated systems. This article summarises difficulties that have been outlined in numerous recent articles and articulates various attacks and security challenges.
  arXiv  Detail & Related papers  (2023-11-26T13:13:15Z)
• Blockchain-Empowered Trustworthy Data Sharing: Fundamentals, Applications, and Challenges [32.33334974604895]
  Various data-sharing platforms have emerged with the growing public demand for open data and legislation mandating certain data to remain open. Most of these platforms remain opaque, leading to many questions about data accuracy, provenance and lineage, privacy implications, consent management, and the lack of fair incentives for data providers. With their transparency, immutability, non-repudiation, and decentralization properties, blockchains could not be more apt to answer these questions and enhance trust in a data-sharing platform.
  arXiv  Detail & Related papers  (2023-03-12T02:56:52Z)
• The Design Principle of Blockchain: An Initiative for the SoK of SoKs [0.0]
  Decentralized AI can empower to be more trustworthy by creating a decentralized trust of privacy, security, and audibility. However, systematic studies on the design principle of AI as a trust engine for an integrated society of Cyber-Physical-System are still absent.
  arXiv  Detail & Related papers  (2023-01-01T21:57:25Z)
• Quantum-resistance in blockchain networks [46.63333997460008]
  This paper describes the work carried out by the Inter-American Development Bank, the IDB Lab, LACChain, Quantum Computing (CQC), and Tecnologico de Monterrey to identify and eliminate quantum threats in blockchain networks. The advent of quantum computing threatens internet protocols and blockchain networks because they utilize non-quantum resistant cryptographic algorithms.
  arXiv  Detail & Related papers  (2021-06-11T23:39:25Z)

This list is automatically generated from the titles and abstracts of the papers in this site.

This site does not guarantee the quality of this site (including all information) and is not responsible for any consequences.