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The success of blockchain as the underlying technology for cryptocurrencies has opened up possibilities for its use in other application domains as well. The main advantages of blockchain for its potential use in other domains are its…
The blockchain has found numerous applications in many areas with the expectation to significantly enhance their security. The Internet of things (IoT) constitutes a prominent application domain of blockchain, with a number of architectures…
Enabling blockchain technology into IoT can help to achieve a proper distributed consensus based IoT system that overcomes disadvantages of today's centralized infrastructures, such as, among others, high cloud server maintenance costs,…
With the rapid growth of hyperconnected devices and decentralized data architectures, safeguarding Internet of Things (IoT) transactions is becoming increasingly challenging. Blockchain presents a promising solution, yet its effectiveness…
The blockchain initially gained traction in 2008 as the technology underlying bitcoin, but now has been employed in a diverse range of applications and created a global market worth over $150B as of 2017. What distinguishes blockchains from…
While the large-scale Internet of Things (IoT) makes many new applications feasible, like Smart Cities, IoT also brings new concerns on data reliability, security, and privacy. The rapid evolution in blockchain technologies, which relied on…
Blockchain was mainly introduced for secure transactions in connection with the mining of cryptocurrency Bitcoin. This article discusses the fundamental concepts of blockchain technology and its components, such as block header,…
The Internet of Things (IoT) technology will soon become an integral part of our daily lives to facilitate the control and monitoring of processes and objects and revolutionize the ways that human interacts with the physical world. For all…
In the white book of Bitcion, Satoshi Nakamoto described a bitcoin system that can realize point-to-point online payment without a third-party organization. After supporting this magical application scenario and subverting the traditional…
Internet of Things (IoT) is reshaping the incumbent industry to smart industry featured with data-driven decision-making. However, intrinsic features of IoT result in a number of challenges such as decentralization, poor interoperability,…
Internet of Things (IoT) services necessitate the storage, transmission, and analysis of diverse data for inference, autonomy, and control. Blockchains, with their inherent properties of decentralization and security, offer efficient…
Blockchain, as well as Internet of Things (IoT), is considered as two major disruptive emerging technologies. However, both of them suffer from innate technological limitations to some extent. IoT requires strengthening its security…
The blockchain is a distributed technology which allows establishing trust among unreliable users who interact and perform transactions with each other. While blockchain technology has been mainly used for crypto-currency, it has emerged as…
The Internet of Things (IoT) has become a guiding technology behind automation and smart computing. One of the major concerns with the IoT systems is the lack of privacy and security preserving schemes for controlling access and ensuring…
One of the key challenges to the IoT's success is how to secure and anonymize billions of IoT transactions and devices per day, an issue that still lingers despite significant research efforts over the last few years. On the other hand,…
Blockchain has made an impact on today's technology by revolutionizing the financial industry in its utilization on cryptocurrency and the features it provided on decentralization. With the current trend of pursuing the decentralized…
Blockchain technology has been transforming the financial industry and has created a new crypto-economy in the last decade. The foundational concepts such as decentralized trust and distributed ledger are promising for distributed, and…
The Internet of Things (IoT) is revolutionizing human life with the idea of interconnecting everyday used devices (Things) and making them smart. By establishing a communication network between devices, the IoT system aids in automating…
Direct Acyclic Graph (DAG)-based ledger and the corresponding consensus algorithm has been identified as a promising technology for Internet of Things (IoT). Compared with Proof-of-Work (PoW) and Proof-of-Stake (PoS) that have been widely…
Blockchain (BC), a by-product of Bitcoin cryptocurrency, has gained immense and wide scale popularity for its applicability in various diverse domains - especially in multifaceted non-monetary systems. By adopting cryptographic techniques…