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

Summary


In this chapter, you gained an understanding of the importance of key technologies such as cloud computing, the IoT, and blockchain in the context of Industry 4.0.

Cloud computing is a computing model that provides low-cost, scalable, and self-service technology adoption, creating an environment that is suitable for creating innovative business models. 

The IoT is more than an automation toolkit, and can be placed as a framework for data collection and creating a digital context that is similar to the real-world context; it creates a digitized reality context, simulating the same conditions as the real world. 

Blockchain enables lean production lines by simplifying the process of decentralization and helps companies to focus on their strengths, without spending time and money on tasks that do not generate aggregated value for the final product.

In the next chapter, we will look at best practices and lessons learned from previous projects that address some problems we faced and how those...