A Mechanism to Secure the Transaction of IoT Devices Using Blockchain Technology

Abstract

Currently, Internet of Things (IoT) is one of the rapidly growing technologies. It becomes popular because IoT devices are helpful in day to day work of humans. IoT devices have a small amount of memory, computation power, and energy by which they work like smart devices. Due to fewer resources, it is very difficult to apply any security mechanism efficiently, which makes these devices vulnerable and easy target to the attacker. Thus, there is a need for an efficient mechanism to secure the data of IoT devices from attackers. Blockchain technology is popular for providing security in a decentralized environment and it uses the distributed database. In this study, a mechanism is designed to secure the transactions of IoT devices using Blockchain technology. This mechanism will help to protect the data of IoT devices from unauthorized access.