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


Q. Why use blockchain?

A. Blockchain provides trust and transparency to solve food chain challenges that have stymied supply chains; with the use of blockchain, you can access the benefits of the platform, such as these:

  • Trust and transparency
  • Choose who is acting and receiving information, as you need only one shared ledger for transactions
  • As the ledger is immutable, lack of confidence is no longer a problem, and participants can be sure of the origins and veracity of transactions
  • Quick and easy access to detailed end-to-end supply chain data
  • Minimize waste with better allocation of goods and products, based on data from the ecosystem

Blockchain gives participants the ability to share a ledger, which is updated through peer-to-peer replication every time a transaction occurs. Privacy services are used to ensure that participants see only the parts of the ledger that are relevant to them, and that transactions are secure, authenticated, and verifiable. Blockchain also allows the contract...