Book Image

Hands-On IoT Solutions with Blockchain

By : Maximiliano Santos, Enio Moura
Book Image

Hands-On IoT Solutions with Blockchain

By: Maximiliano Santos, Enio Moura

Overview of this book

Blockchain has been the hot topic of late thanks to cryptocurrencies. To make matters more interesting, the financial market is looking for ways to reduce operational costs and generate new business models, and this is where blockchain solutions come into the picture. In addition to this, with Internet of Things (IoT) trending and Arduino, Raspberry Pi, and other devices flooding the market, you can now create cheap devices even at home. Hands-On IoT Solutions with Blockchain starts with an overview of IoT concepts in the current business scenario. It then helps you develop your own device on the IBM Watson IoT platform and create your fi rst IoT solution using Watson and Intel Edison.Once you are familiar with IoT, you will learn about Blockchain technology and its use cases. You will also work with the Hyperledger framework and develop your own Blockchain network. As you progress through the chapters, you'll work with problem statements and learn how to design your solution architecture so that you can create your own integrated Blockchain and IoT solution. The next set of chapters will explain how to implement end-to-end Blockchain solutions with IoT using the IBM Cloud platform. By the end of this book, you will have mastered the convergence of IoT and Blockchain technology and exploited the best practices and drivers to develop a bulletproof integrated solution.
Table of Contents (15 chapters)
Title Page
About Packt

Common business use cases of IoT

The refrigerator was a simple and powerful example of using IoT at home, but it's not the only example of how this could be used. In this chapter, we will discuss a few different cases, industries, and people that could benefit from having connected devices.

Connected car

Let's take the example of an autonomous car. With this, automakers can monitor general driver behavior and improve various aspects of the driving experience, as well as security. They can also detect failed components sooner, leading to earlier recalls and thereby improving customer satisfaction while reducing the production costs of problematic components. From the perspective of an automobile owner, this could be beneficial as they could monitor the wear and tear of the car parts and spend less money on maintenance costs.

Connected persons

If you are a sports practitioner, you have probably already used a smartwatch to monitor your fitness. If all of that information was properly stored and analyzed, then medical studies could obtain more data that could predict diseases and maybe even improve overall quality of life.

Furthermore, connecting health devices (such as scales, heart monitors, and blood meters) and sharing data using blockchain could create a unified medical report for each person. Doctors could improve diagnostics and medical decisions as a result. This would also enable disease profiling and prediction.

IoT played a major role in the 2016 Olympics held in Rio de Janeiro.  Many connected items were used to gather information and process which factors had an effect on athletes' bodies during matches. This was also helpful for creating new equipment, such as bikes, and new regeneration strategies for intense competition.

These simple examples of how IoT will change our entire way of life provide us with more than one reason as to why we should care about it so much.