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

The IoT


As previously described, data is a key factor in the success of Industry 4.0. The more data collected and analyzed, the more assertive predictions and recommendations become.

More than an automation framework technology, the IoT is a great way to collect a huge amount of data from connected devices. By combining different data sources (machine and robot sensors, security cameras, heart-rate monitors, environment and meteorological data), it is possible to define and analyze domains to understand the current reality of business contexts and have a more reasoned analysis of it. It is also possible to have insights on how to become more productive, more predictable, and more flexible, because you can process the data as it is collected in real time, as shown in the following diagram:

The results of the processing can also become a trigger to change the actions machines and robots are running at the moment, even to fix a defect in the product that is being created to perform self-healing...