Blockchain in iot: from connecting things to make them trustworthy
0 likes172 views
The document discusses the convergence of blockchain and IoT, highlighting how blockchain can enhance IoT with decentralization, data immutability, and traceability. It outlines two strategies for integrating blockchain into IoT ecosystems and emphasizes the need for accessible and user-friendly deployment of IoT devices that can easily connect to blockchain networks. Overall, the integration aims to build confidence in data-driven decision-making by ensuring data integrity and security.
Blockchain in iot: from connecting things to make them trustworthy
- 1. Blockchain + IoT: From connecting things to make them trustworthy 1 José Luis Núñez MWC 2021 We are better, connected
- 2. 2 Blockchain and IOT: The obvious convergence Blockchain Decentralization Transactions Data immutability Traceability MWC 2021 IoT Decentralization Telemetry Data collection Data-driven decisions
- 3. 3 Blockchain and IOT: The obvious convergence MWC 2021 IoT + Blockchain Decentralization Telemetry becomes transactions Data are collected and turned into immutable Decisions are transparently traced We build extra confidence for data-driven organizations
- 4. Raw data Signed data Simple but programmable Programmable Can aggregate several devices and network context SW based Network transparent approach SW based Available to lots of devices Programming rules Business insights available No programmable Hard to customize and update Not end-to-end encryption Not signed by source Not signed by source Many risk points Not signed by source Many risk points THE BRAIN THE NETWORK THE THINGS 4 How to add Blockchain to the IoT Ecosystems There are two main strategies to add Blockchain to IOT: embed Blockchain nodes in the IoT components or enable them to send the data to the nodes in a secure and reliable way MWC 2021 Sensors Devices Gateway Edge solution Cloud Platform AI solution + - Computing power and flexibility Risk of data tampering
- 5. 5 What do we need to usually see blockchain of things? Make accessible for everyone to connect with Blockchain capabilities Make as easy to deploy a new IoT device that collects data and record it on any blockchain must be as easy as it is today to connect it to your favorite IoT Cloud Platform MWC 2021 1 2