Blockchain for IoT Application: Challenges and Issues
M. Padma1, N. KasiViswanath2, T. Swathi3
1M. Padma, Assistant Professor, Department of CSE, GPREC, Kurnool (A.P), India.
2Dr. N. KasiViswanath, Professor, HOD, Department of CSE, GPREC, Kurnool (A.P), India.
3T. Swathi, Assistant Professor, Department of CSE, GPREC, Kurnool (A.P), India.
Manuscript received on 05 February 2019 | Revised Manuscript received on 27 March 2019 | Manuscript Published on 28 April 2019 | PP: 34-37 | Volume-7 Issue-5C February 2019 | Retrieval Number: E10090275C19/19©BEIESP
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© The Authors. Blue Eyes Intelligence Engineering and Sciences Publication (BEIESP). This is an open access article under the CC-BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/)
Abstract: Since from the last decade, Blockchain technology has developed a new crypto-economy and has been converting the financial industry. Reliability, persistence, scalability, the power of enduring is factors of an IoT solution. On the other hand, Blockchain is an experimental and investigational type of technology, and not proven. Blockchain burns up and then face the problems while IoT solutions, once deployed, are handled for years. The main motivational ideas i.e. decentralized trust and distributed record are capable of distributed and the large-scale Internet of Things (IoT) applications. Moreover, in this domain, the uses of Blockchain beyond crypto-currencies are very less and far due to the lack of acceptance and integral framework challenges. In this paper, we illustrate the opportunities for uses of Blockchain of IoT and study the concern challenges and issues in Blockchain based IoT applications.
Keywords: Blockchain Technology, Internet of Things (IoT), Crypto-Economy.
Scope of the Article: IoT