Can Blockchain Strengthen the Internet of Things?

UNCG Author/Contributor (non-UNCG co-authors, if there are any, appear on document)
Nir B. Kshetri, Professor (Creator)
Institution
The University of North Carolina at Greensboro (UNCG )
Web Site: http://library.uncg.edu/

Abstract: Blockchain—a kind of distributed ledger technology—has been described in the popular press as the next big thing. Put simply, a blockchain is a data structure that makes it possible to create a tamper-proof digital ledger of transactions and share them. This technology uses public-key cryptography to sign transactions among parties. The transactions are then stored on a distributed ledger. The ledger consists of cryptographically linked blocks of transactions, which form a blockchain (bit.ly/2sgabnq). It is impossible or extremely difficult to change or remove blocks of data that are recorded on the blockchain ledger.

Additional Information

Publication
IEEE IT Professional
Language: English
Date: 2017
Keywords
blockchain, Internet of Things, cloud services, IoT security

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