Blockchain Technology: Systematic Review of Security and Privacy Problems and Its Scope with Internet of Things (IoT)

Abstract

Blockchain (BC) is a mutual, circulated record that encourages the process of chronicle exchanges and following resources in a business arrange. It empowers parties who do not completely confide in one another to keep up a lot of worldwide states. The gatherings concur on the presence, qualities, and accounts of the states. It is a framework including transactions, immutable records, decentralized companions, encryption forms, consensus systems, and optional smart contracts. The paper is presented in the following format: (1) The paper manages the presentation of Blockchain alongside security and protection issues firstly. (2) Then it manages the review of real security issues for IoT. (3) Next it presents security prerequisites for IoT, alongside the current assaults, dangers, and cutting edge arrangements and IoT security issues against existing arrangements including blockchain as an answer. (4) Then it distinguishes open research issues and difficulties for IoT security, especially in the security space e.g., information unwavering quality. Problematic advances, for example, enormous information and distributed computing have been utilized by IoT to defeat its restrictions. (5) Then, centers around relationship, researches’ difficulties in blockchain IoT applications, and studies of the most significant work, so as to break down how blockchain could conceivably improve the IoT. (6) The next part of the paper then exhibits an exhaustive review of BC and IoT incorporation: (a) It covers diverse application areas, sorting out the accessible writing; (b) It presents two use designs, i.e., gadget control and information board (open commercial canter arrangement); and (c) it gives an account of the advancement dimension of a portion of the introduced arrangements. We at that point close this paper with potential research scope.

Cite this Article

Vishal Kumar Verma. Blockchain Technology: Systematic Review of Security and Privacy Problems and Its Scope with Internet of Things (IoT). Journal of Network Security. 2019; 7(1): 24–28p.