Optimizing Packet Transmission for Ledger-Based Points Transfer System in LPWAN: Solutions, Evaluation and Standardization

Abstract

Low Power Wide Area Network (LPWAN) is a long-range low-power wireless communication network. Its features, such as wide network coverage and low power consumption of terminals, make it suitable for large-scale deployment of IoT applications. The points transfer system, especially points transfer system in LPWAN, as a typical third-party payment application, is being closely attended by both industry and academia. Recent studies have shown that distributed ledger technology, because ofits characteristics such as high confidentiality, non-tampering, and decentralization, is a good solution to problems such as low-security performance due to centralized storage for a points transfer system. However, the distributed ledger will generate a large amount of data traffic in recording the transactions of network participants, which is a challenge for resource-constrained IoT devices. To address these issues, we propose an optimized packet transmission mechanism for a ledger-based points transfer system in LPWAN. Simulation results show that our proposed mechanism can well reduce the packet transmission ofthe whole system and meet the requirements of LPWAN. Moreover, we update the reader with information about distributed ledger and standardization-related activities in this paper.