Introduction of Blockchain and Usage of Blockchain in Internet of Things
This chapter starts with the working of blockchain and smart contracts and advantages and disadvantages of blockchain and smart contracts and then goes on to explain how blockchain can be integrated into the internet of things (IOT).
Abstract
Since the advent of the web, the number of users who started using the internet for everyday purpose has increased tremendously. Most of the common purposes are to access their data whenever they want and wherever they want. So many companies have started providing these services to normal users. These companies store huge volume of data in the data centers. So protecting the integrity of the data is the main responsibility of these companies. Blockchain is one of the trending solutions that gives storage immutability to the users. This chapter starts with the working of blockchain and smart contracts and advantages and disadvantages of blockchain and smart contracts and then goes on to explain how blockchain can be integrated into the internet of things (IOT). This chapter ends with an architecture based on the proof-of-concept for access management, which is blockchain-based fully distributed architecture.