Blockchain Technology for IoT

Abstract

In the internet era, data is considered to be the primary asset, and the host or applications in a network are vulnerable to various attacks. Traditional network architectures have centralized authority to provide authentication, authorization, and access control services. In this case, there is a possibility of data mishandling activities from the valuable information available in the given network application. To avoid this type of mishandling, a new technology came into existence known as blockchain. Implementing blockchain technology in the internet of things (IoT) will ensure data integrity, stability, and durability. The authors present a detailed investigation of various IoT applications with blockchain implementation. Blockchain-based mechanisms will improve the security aspects in the traditional network applications related to IoT like insurance policies claiming, personal identification, and electronic health records.