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Blockchain of Things (BCoT): The Fusion of Blockchain and IoT Technologies

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Advanced Applications of Blockchain Technology

Part of the book series: Studies in Big Data ((SBD,volume 60))

Abstract

Blockchain, as well as Internet of Things (IoT), is considered as two major disruptive emerging technologies. However, both of them suffer from innate technological limitations to some extent. IoT requires strengthening its security features while Blockchain inherently possesses them due to its extensive use of cryptographic mechanisms and Blockchain––in an inverted manner–– needs contributions from the distributed nodes for its P2P (Peer-to-Peer) consensus model while IoT rudimentarily embodies them within its architecture. This chapter, therefore, acutely dissects the viability, along with prospective challenges, of incorporating Blockchain with IoT technologies––inducing the notion of Blockchain of Things (BCoT)––as well as the benefits such consolidation can offer.

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Notes

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  1. The Chinese University of Hong Kong (CUHK), Sha Tin, Hong Kong

    Mahdi H. Miraz

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    Shiho Kim

  2. RDSD&E, NE Region, Guwahati, Assam, India

    Ganesh Chandra Deka

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Miraz, M.H. (2020). Blockchain of Things (BCoT): The Fusion of Blockchain and IoT Technologies. In: Kim, S., Deka, G. (eds) Advanced Applications of Blockchain Technology. Studies in Big Data, vol 60. Springer, Singapore. https://doi.org/10.1007/978-981-13-8775-3_7

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