A Trust and Reputation System for IoT Exploiting Distributed Ledger Technology

The advent of Bitcoin, and consequently Blockchain, has ushered in a new era of decentralization. Blockchain enables mutually distrusting entities to work collaboratively to attain a common objective. However, current Blockchain technologies lack scalability, which limits their use in Internet of Things (IoT) applications. Many devices on the Internet have the computational and communication capabilities to facilitate decision-making. These devices will soon be a 50 billion node network. Furthermore, new IoT business models such as Sensor-as-a-Service (SaaS) require a robust Trust and Reputation System (TRS). In this paper, we introduce an innovative distributed ledger combining Tangle and Blockchain as a TRS framework for IoT. The combination of Tangle and Blockchain provides maintainability of the former and scalability of the latter. The proposed ledger can handle large numbers of IoT device transactions and facilitates low power nodes joining and contributing. Employing a distributed ledger mitigates many threats, such as whitewashing attacks. Along with combining payments and rating protocols, the proposed approach provides cleaner data to the upper layer reputation algorithm.

READ FULL TEXT
research
05/08/2018

Blockchain for the IoT: Opportunities and Challenges

Blockchain technology has been transforming the financial industry and h...
research
04/14/2020

Witness-based Approach for Scaling Distributed Ledgers to Massive IoT Scenarios

Distributed Ledger Technologies (DLTs) are playing a major role in build...
research
06/02/2020

Preventing Denial of Service Attacks in IoT Networks through Verifiable Delay Functions

Permissionless distributed ledgers provide a promising approach to deal ...
research
05/09/2023

Energy-Efficient Mining for Blockchain-Enabled IoT Applications. An Optimal Multiple-Stopping Time Approach

What are the optimal times for an Internet of Things (IoT) device to act...
research
05/15/2020

On Congestion Control for Distributed Ledgers in Adversarial IoT Networks

Distributed Ledger Technologies (DLTs) (the agnostic term for blockchain...
research
02/04/2021

Cryptocurrency Solutions to Enable Micro-payments in Consumer IoT

The successful amalgamation of cryptocurrency and consumer Internet of T...
research
11/22/2021

Blockchain for IoT: A Critical Analysis Concerning Performance and Scalability

The world has been experiencing a mind-blowing expansion of blockchain t...

Please sign up or login with your details

Forgot password? Click here to reset