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Towards a secure and dependable IoT data monetization using blockchain and fog computing

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Abstract

Massive internet of things (IoT) data generated by IoT edge devices are shaping the data economy. Monetizing the stream of IoT data has enabled the development of IoT data trading systems, which allow individuals to sell and exchange data. This article presents a blockchain-based system for IoT data trading using fog computing. We propose crowdsourcing fog nodes on the edge network to communicate and collect data from IoT edge device owners. This paper focuses on developing a secure and dependable blockchain-based system that allows data providers and consumers to engage in data trading process. Through experimental results, we evaluate the performance of the proposed model with respect to transaction throughput, latency, and resource consumption metrics under varied scenarios and parameters using Hyperledger blockchain.

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Authors and Affiliations

  1. Department of Electrical and Computer Engineering, Lakehead University, 955 Oliver Road, Thunder Bay, ON, P7B 5E1, Canada

    Seyednima Khezr

  2. Department of Software Engineering, Lakehead University, 955 Oliver Road, Thunder Bay, ON, P7B 5E1, Canada

    Abdulsalam Yassine

  3. University of Doha for Science and Technology, Arab League St, Doha, 24449, Qatar

    Rachid Benlamri

Authors
  1. Seyednima Khezr
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  2. Abdulsalam Yassine
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  3. Rachid Benlamri
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Correspondence to Abdulsalam Yassine.

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Khezr, S., Yassine, A. & Benlamri, R. Towards a secure and dependable IoT data monetization using blockchain and fog computing. Cluster Comput 26, 1551–1564 (2023). https://doi.org/10.1007/s10586-022-03669-1

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  • DOI: https://doi.org/10.1007/s10586-022-03669-1

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