2019
DOI: 10.1109/tcss.2019.2913165
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Application of Blockchain in Collaborative Internet-of-Things Services

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Cited by 118 publications
(45 citation statements)
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“…For enterprises, communication technology can facilitate collecting market statistics and making timely decisions by directors or managers, reduce the cost and increase the revenue of businesses. At the same time, the development of ICT improves the efficiency of information sharing and promotes the effective use of resources (Xu 2016;Xu and Viriyasitavat 2019). More importantly, the innovation in ICT promotes the global communication and exchange.…”
Section: A Case Study Based On Scientific Literature and Patentsmentioning
confidence: 99%
“…For enterprises, communication technology can facilitate collecting market statistics and making timely decisions by directors or managers, reduce the cost and increase the revenue of businesses. At the same time, the development of ICT improves the efficiency of information sharing and promotes the effective use of resources (Xu 2016;Xu and Viriyasitavat 2019). More importantly, the innovation in ICT promotes the global communication and exchange.…”
Section: A Case Study Based On Scientific Literature and Patentsmentioning
confidence: 99%
“…With the continuous development of blockchain technology, consensus algorithm has experienced emerging demands from the earliest Proof-of-Work (PoW) [ 17 , 18 ] to later Proof of Stake (PoS) [ 19 ] and Delegated Proof of Stake (DPoS) [ 20 ]. Meanwhile, the consensus algorithm has undergone the evolution from Practical Byzantine Fault Tolerance (PBFT) [ 21 ] to some other improved consensus algorithms, such as Proof-of-Burn (PoB) [ 21 ], Proof-of-Luck (PoL) [ 22 ] and Stellar Consistency Protocol (SCP) [ 23 ]. However, there is still no perfect consensus algorithm that can effectively solve the relationship between the increase of node number and the rapid increase of time–space complexity.…”
Section: Literature Reviewmentioning
confidence: 99%
“…In addition, new data and improved data quality can also potentially have new data analytical applications for new business gains. For example, Xu and Viriyasitavat ( 2019 ) applied blockchain with smart contract to establish the trust of process executions among IoT devices without intermediaries. Xu et al ( 2021 ) conducted a survey study on how blockchain is used to improve IoT security in different layers, including sensor layers, network layers, and application layers, with different types of attacks, including DoS, equipment injection, falsifying, public block modifying, and time interval destruction.…”
Section: Current Interdisciplinary Research Between Data Analytics and Industry 40mentioning
confidence: 99%