Implementation of Security Systems in IoT Using Blockchain

Implementation of Security Systems in IoT Using Blockchain

K. Naveen Chandra Reddy, Sanjeeva Akhileshwar Goud, Banu Teja Jampani, Rajat Mishra, Koushik PLN, Vinith kumaragurubaran, Ashrith Rao Pulluri, Chanakya Chelamkuri

INTRODUCTION

The connection created between smart devices to gather information and data, and create sensible choices is what the Internet of Things (IoT) means. IoT deployment includes different devices that can be recognized in an unusual way using installed sensors linked through a network. These heterogeneous devices are known for their distinguished low energy, tiny memory size, and poor processing capability. For that, IoT tremendous improvements and marketing have revealed how much the system of IoT is vulnerable and requires improvement. (Gremban, 2019) Hence with Blockchain uniting with  IoT, Blockchain will provide a safer setting for the vulnerable system of IoT. Blockchain technology can be considered the lost piece of the puzzle that allows equal agreement action with no need for verifying the performance. It solves all the expected problems from the system through a well-planned process, like its ability to improve, sudden breakdown, time stamping, history, privacy, faith, and authenticity. Yes, Blockchain has many advantages, and for that very reason, IoT is using Blockchain more and more, even though there is no way Blockchain can solve every problem in the digital economy, but its role is huge for sure. Blockchain technology affords a guaranteed and trusted measured contractual obligation for IoT users to transmit money or data or any kind of assets without any concern. (Gremban, 2018)