Consensus Algorithms In Distributed Ledger Technology For Open Environment

Masood, Faraz; Faridi, Arman Rasool

doi:10.1109/ccaa.2018.8777695

Cited by 4 publications

(4 citation statements)

References 4 publications

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“…Masood et al evaluated many of the consensus algorithms within this paper, to include IOTA and lauded IOTA for its high transaction rate, low energy consumption, and ability to operate in an untrusted environment. 36 However, Masood et al criticized the IOTA algorithm as "homemade crypto" and indicated a high degree of centralization is required for its implementation. It is possible that the IOTA DAG implementation may be improved to address these shortcomings.…”

Section: Novel Iot Security Solutions Based On Blockchain Technologymentioning

confidence: 99%

Key challenges in security of IoT devices and securing them with the blockchain technology

Bryant

Saiedian

2022

Security and Privacy

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Internet of Things (IoT) data processing enables rapid access to large volumes of data with the possibility of improving service‐oriented business models. As such, the rapid adoption of IoT devices has resulted in a large number of low‐powered devices integrating into traditional communication networks and influencing practically all assets of everyday life. However, the integration of IoT devices into traditional networks comes at a price, often in the form of added security challenges or administrative complexity. Some of these challenges may be addressed by leveraging technology developed from an unlikely source, crypto currencies. Crypto currencies introduced the notion of a blockchain, which is comprised of several underlying technologies that may be combined with IoT protocols to enable secure mechanisms for reaping the benefits of IoT devices. This paper introduces key challenges in securing IoT devices as well as important components of blockchain technology that may contain the keys to addressing these challenges. Emerging IoT security solutions are identified and evaluated based on their assessed effectiveness.

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Section: Novel Iot Security Solutions Based On Blockchain Technologymentioning

confidence: 99%

Key challenges in security of IoT devices and securing them with the blockchain technology

Bryant

Saiedian

2022

Security and Privacy

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“…One of the branches that originated from blockchain research is the consortium-based Distributed Ledger Technology (DLT) [3]. Compared to public blockchains, the most distinctive characteristic of consortium-based DLT is that only authorized nodes participate in the network [4].…”

Section: A Blockchain Technologymentioning

confidence: 99%

“…All frameworks rely on scalable voting based consensus algorithms such as PBFT that allow high transaction throughput [3].…”

Section: A Blockchain Platforms Evaluationmentioning

confidence: 99%

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Towards a Blockchain-based Identity and Trust Management Framework for the IoV Ecosystem

Theodouli

Moschou

Votis

et al. 2020

2020 Global Internet of Things Summit (GIoTS)

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The past decade has seen a huge growth not only in the Internet of Things (IoT) but also in the Internet of Vehicles (IoV) from both academia and industry. Autonomous Vehicles (AVs) combine a variety of sensors, IoT devices, control units, gateways, etc. Therefore, the software of the different sensors and IoT devices needs to be updated to the latest version by the Software Vendors. This paper proposes a blockchain-based identity and trust management framework for the IoV ecosystem, that aims to provide secure software updates. The proposed framework consists of two processes: the identification and registration of the entities of the ecosystem, and the authentication of the entities which relies on established W3C standards for defining verifiable credential presentation, verification, and revocation. We illustrate the feasibility of our approach in a case study.

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A Review on Consensus Protocol of Blockchain Technology

Jain

Jat

2021

Intelligent Sustainable Systems

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Consensus Algorithms In Distributed Ledger Technology For Open Environment

Cited by 4 publications

References 4 publications

Key challenges in security of IoT devices and securing them with the blockchain technology

Key challenges in security of IoT devices and securing them with the blockchain technology

Towards a Blockchain-based Identity and Trust Management Framework for the IoV Ecosystem

A Review on Consensus Protocol of Blockchain Technology

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