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


The architecture described in this chapter involves many components, and the implementation may seem a little complex. By now, we've established that the combination of IoT and blockchain can mitigate several issues and transform the workings of the modern food chain. For example, such an implementation can bring transparency between members, allowing them to control data more efficiently; increase their security; make the process automatic and dynamic; remove middlemen; and make the chain less complex overall.

We also saw that IoT works as the extension of computing and network capabilities for devices and sensors, enabling them to make machine-to-machine interactions with minimal or no human input. These technological components bring advantages such as unprecedented automation, cost reduction for provisioning, energy savings, value-added services, and efficient management.

Blockchain's integration with IoT will make possible data exchange between edge devices such as sensors, barcode...