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
Contributors
Preface
Index

Cloud computing as an innovation platform


Cloud computing is providing opportunities to create new business models, as well as providing tooling to redesign existing ones. Cloud computing creates simple, self-service, flexible, and low-cost infrastructure for a highly technological and innovative ecosystem of services. More than processing capability, the role of cloud computing is to become an innovation platform. Let's dive into the world of cloud computing to understand its relation and importance to Industry 4.0 development.

The cloud computing model

Cloud computing is the concept of sharing computational resources, including memory, calculation, networking, and storage capabilities, to run applications. The characteristics that define a computing model as a cloud model include self-service resource allocation, software-defined resources, and pay-as-you-go monetization. These are usually presented in three models of commercialization: Infrastructure as a Service (IaaS), Platform as a Service...