Sensor as a Company: On Self-Sustaining IoT Commons

12/06/2021
by   Haojian Jin, et al.
0

Beyond the "smart home" and "smart enterprise", the Internet of Things (IoT) revolution is creating "smart communities", where shared IoT devices collectively benefit a large number of residents, for transportation, healthcare, safety, and more. However, large-scale deployments of IoT-powered neighborhoods face two key socio-technical challenges: the significant upfront investment and the lack of information on local IoT needs. In this paper, we present SensorInc, a new IoT deployment paradigm that incentivizes residents to design and manage sensor deployment through sensor liquefaction. By turning shared sensors into liquid (i.e. tradeable) assets akin to company stock or bond, users can design and invest in promising IoT deployments and receive monetary rewards afterward. We present the detailed design of SensorInc and conduct two case studies (parking occupancy sensors and air pollution sensors) to study the self-sustainability and deployment challenges of such a paradigm.

READ FULL TEXT

page 1

page 2

page 3

page 4

research
12/31/2019

From Ideation to Implications: Directions for the Internet of Things in the Home

In this paper we give a brief overview of our approaches and ongoing wor...
research
08/01/2019

The House That Knows You: User Authentication Based on IoT Data

Home-based Internet of Things (IoT) devices have gained in popularity an...
research
12/02/2020

Green Internet of Things for a Better World

The Internet of Things (IoT) is seen as a novel technical paradigm aimed...
research
12/10/2018

IoTC2: A Formal Method Approach for Detecting Conflicts in Large Scale IoT Systems

Internet of Things (IoT) has become a common paradigm for different doma...
research
03/30/2022

Enhancing AES Using Chaos and Logistic Map-Based Key Generation Technique for Securing IoT-Based Smart Home

The Internet of Things (IoT) has brought new ways for humans and machine...
research
08/18/2018

Privacy Mining from IoT-based Smart Homes

Recently, a wide range of smart devices are deployed in a variety of env...
research
02/06/2020

Decentralized Socio-technical Services and Applications for the Internet of Things – A Testbed Self-Integration

The Internet of Things comes along with new challenges for experimenting...

Please sign up or login with your details

Forgot password? Click here to reset