Development, Service-Oriented Architecture, and Security of Blockchain Technology for Industry 4.0 IoT Application

Abstract

The Internet of Things (IoT) paradigm is laying the groundwork for a world in which many of our everyday devices will be connected and will interact with their surroundings to gather data and automate some operations. Among other things, such a concept necessitates seamless authentication, data privacy, security, attack resilience, simplicity of deployment, and self-maintenance. Blockchain, a technology created with the Bitcoin cryptocurrency, can provide such advantages. To create blockchain-based IoT (BIoT) applications, a full discussion of how to modify blockchain to meet the unique requirements of IoT is offered in this paper. The most important BIoT applications are detailed after a brief introduction to blockchain, with the goal of highlighting how blockchain can affect conventional cloud-based IoT applications. Then, several factors that have an impact on the design, development, and deployment of a BIoT application are covered, along with present obstacles and potential improvements. Lastly, a list of recommendations is provided to help future BIoT researchers and developers understand some of the problems that need to be solved before deploying the upcoming generation of BIoT applications. Doi: 10.28991/HIJ-2023-04-01-010 Full Text: PDF