smart trolley


Motivated by the recent explosion of interest around blockchains we examine whether they makeagood?tfortheInternetofThings(IoT)sector.Blockchainsallowustohaveadistributedpeer-to-peer network where non-trusting members can interact with each other without a trusted intermediary in a veri?able manner. We review how this mechanism works and also look into smart contracts—scripts that reside on the blockchain that allow for the automation of multi-step processes. We then move into the IoT domain and describe how a blockchain-IoT combination: 1) facilitates the sharing of services and resources leading to the creation of a marketplace of services between devices and 2) allows us to automate in a cryptographically veri?able manner several existing time-consuming work?ows. We also point out certain issues that should be considered before the deployment of a blockchain network in an IoT setting: from transactional privacy to the expected value of the digitized assets traded on the network. Wherever applicable we identify solutions and workarounds. Our conclusion is that the blockchain-IoT combination is powerful and can cause signi?cant transformations across several industries paving the way for new business models and novel distributed applications.



K means




₹12000 (INR)


IEEE 2018