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Internet-of-Things Marketplaces: State-of-the-Art and the Role of Distributed Ledger Technology

Conference paper
Part of the Lecture Notes in Business Information Processing book series (LNBIP, volume 389)

Abstract

The advent of the Internet-of-Things (IoT) generates increasing data with the majority being gathered for a single purpose and staying unused after serving this purpose. With IoT platforms, cross-domain use cases, combining data from different sources, become possible. Accordingly, the need for marketplaces to trade data arises. This paper examines existing IoT platforms to frame the current opportunities for an IoT marketplace. In a second step, it analyzes the potentials of Distributed Ledger Technology (DLT) regarding transaction costs and efficiencies. In doing so, a classification regarding the functional distribution of IoT marketplaces is developed.

Keywords

Internet-of-Things (IoT) Platform Marketplace Distributed Ledger Technology (DLT) Blockchain 

Notes

Acknowledgment

The authors received financial support of this research by the Development Bank of Saxony (SAB) and the European Social Fund (ESF) within the project S2DES.

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Copyright information

© Springer Nature Switzerland AG 2020

Authors and Affiliations

  1. 1.Leipzig UniversityLeipzigGermany

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