IoT and Blockchain in Indian Perspective

IoT and Blockchain in Indian Perspective

Dipti Chauhan, Jay Kumar Jain
Copyright: © 2021 |Pages: 17
DOI: 10.4018/978-1-7998-2414-5.ch011
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Abstract

Internet of things (IoT) is a collection of smart equipment that creates a smart world. It has not just changed the way we interact with important devices but has also enhanced the potential of these devices. A major limitation of IoT is that it relies on centralized communication models. Traditional IoT solutions require high infrastructure and maintenance costs, which result in scalability problems. Moreover, the vulnerability of cloud servers and their failure can affect the IoT system. There is still no one platform that connects all devices. The peer-to-peer communication model instead of the standard server/client one can be the sustainable solution the IoT industry is looking for. The major challenge with the peer-to-peer networks is security. This is where the use of blockchain in IoT can help the IoT industry scale up in a sustainable way. Indeed, blockchain and IoT together can handle a portion of IoT's greatest difficulties. The main objective of this chapter is to provide an overview of IoT and Blockchain in Indian perspectives.
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Introduction

The quick development in scaling down, gadgets and remote correspondence advances have added to remarkable advances in our society. This has brought about an expansion in the quantity of appropriate electronic gadgets for some zones, a decrease in their creation costs and a change in perspective from this present reality into the advanced world. Therefore, the manner by which we associate with one another and with the outside world has changed, utilizing current innovation to pick up a superior comprehension of the world. Díaz, M. et al. (2016), The Internet of Things (IoT) has developed as a lot of advancements from Wireless Sensors Networks (WSN) to Radio Frequency Identification (RFID) that give the capacities to detect, actuate with and communicate over the Internet.

These days, an IoT device can be an electronic device from a wearable to an equipment improvement stage and the scope of uses where it very well may be utilized incorporate numerous territories of the general public. According Rivera, J. et al. (2014), The IoT assumes a focal role in transforming flow current cities into smart cities, electrical grids into smart grids and houses into smart homes, and many more. As indicated by different research reports, the number of connected devices is predicted to reach anywhere from 20 to 50 billion by 2020 mainly due to the vast number of devices that IoT can put on the scene. Regularly, these IoT devices are constrained in register, stockpiling, and system limit, and in this manner they are more defenceless against assaults than other endpoint gadgets, for example, cell phones, tablets, or PCs.

The possibility of the internet of things (IoT) was created in parallel to Wireless Sensor Networks (WSNs). The term internet of things was contrived by Ashton, K. (2009). There is no one of a kind definition accessible for the Internet of Things that is adequate by the world network of clients. Actually, there are a wide range of gatherings including academicians, specialists, experts, trend-setters, designers and corporate individuals that have characterized the term. What the majority of the definitions share for all intents and purposes is the possibility that the principal form of the Internet was about information made by individuals, while the following adaptation is about information made by things.

The Internet of Things is a rising worldview in the IT field. The expression “Internet of Things” which is additionally without further ado understood as IoT is produced using the two well known words for example the first is “Internet” and the second is “Things”. The Internet is a worldwide arrangement of interconnected PCs that utilizes the standard Internet convention suite (TCP/IP) to serve billions of clients around the world. It is a system of systems that comprises a large number of private, open, scholastic, business, and government systems, of neighbourhood to worldwide extension, that are connected by a wide exhibit of electronic, remote and optical systems administration innovations by Nunberg, G. (2012).

According to Evangelos A, K. et al. (2011), while going to the Things that can be any article or individual which can be recognizable by this present reality. Everyday objects incorporate not just electronic devices we experience and utilize day by day and innovatively propelled items, for example, hardware and equipments, yet “things” that we don't do typically consider as electronic by any stretch of the imagination, for example, nourishment, clothing; and furniture; materials, parts and gear, stock and concentrated things; tourist spots, landmarks and masterpieces and all the variety of business, culture and advancement.

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