Reputation System for IoT Data Monetization Using Blockchain

Javaid, Atia; Zahid, Maheen; Ali, Ishtiaq; Khan, Raja Jalees ul Hussen; Noshad, Zainib; Javaid, Nadeem

doi:10.1007/978-3-030-33506-9_16

Cited by 18 publications

(9 citation statements)

References 19 publications

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“…When the technology is trustworthy and brings benefits, it has a good reputation. In previous literature [45], reputation is used to assess the quality of the system where IoT devices for data trading are centralized and lack a reputation system. As a result, the IoT system was integrated with the Ethereum blockchain to ensure data quality and improve user behavior.…”

Section: Social Related Factorsmentioning

confidence: 99%

Validating the Adoption of Heterogeneous Internet of Things with Blockchain

AlSuwaidan

Almegren

2020

Future Internet

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Emerging technologies such as Internet of Things (IoT) and blockchain have affected the digital transformation. Blockchain, on the one hand, was initially developed for the purpose of financial trading due to its robustness especially for fault tolerance and cryptographic security in addition to its decentralized architecture. IoT, on the other hand, is an open interconnected network of smart devices able to communicate simultaneously. This arises a challenge in privacy and security, specifically for the data being exchanged. To overcome this, studies have focused on the blockchain to resolve the security and privacy issues of IoT. Indeed, limited studies have proposed to assess blockchain’s viability for IoT and the associated challenges. In this paper, a conceptual model has proposed to identify the crucial factors affecting the adoption of blockchain in IoT. The model consists of four dimensions of factors that we assume will affect the adoption of the two technologies. The dimensions are: attitude-related factors, social influence related factors, data-related factors, and security-related factors. This model is validated through a survey that was distributed between professionals in blockchain and IoT. The findings show a significant impact of data-related factors on the adoption of blockchain in IoT and the intention to use them. The model can play an important role in the development of strategies, standards, and performance assessment.

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Section: Social Related Factorsmentioning

confidence: 99%

Validating the Adoption of Heterogeneous Internet of Things with Blockchain

AlSuwaidan

Almegren

2020

Future Internet

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“…In the domain of crowdsensing platforms, there are many recent works, proposing to use the blockchain in order to improve the quality of the collected IoT data, such as the works of Gu et al [ 24 ], Nguyen and Ali [ 25 ], Wei et al [ 26 ], Cheng et al [ 27 ], Huang et al [ 28 ], Zou et al [ 29 ] and Javaid et al [ 30 ]. Their propositions are based essentially on users’ reviews, reputation and reward mechanisms to incentivize the users to improve the quality of their provided data.…”

Section: Related Workmentioning

confidence: 99%

IoT Data Qualification for a Logistic Chain Traceability Smart Contract

Ahmed

Taconet

Ould³

et al. 2021

Sensors

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In the logistic chain domain, the traceability of shipments in their entire delivery process from the shipper to the consignee involves many stakeholders. From the traceability data, contractual decisions may be taken such as incident detection, validation of the delivery or billing. The stakeholders require transparency in the whole process. The combination of the Internet of Things (IoT) and the blockchain paradigms helps in the development of automated and trusted systems. In this context, ensuring the quality of the IoT data is an absolute requirement for the adoption of those technologies. In this article, we propose an approach to assess the data quality (DQ) of IoT data sources using a logistic traceability smart contract developed on top of a blockchain. We select the quality dimensions relevant to our context, namely accuracy, completeness, consistency and currentness, with a proposition of their corresponding measurement methods. We also propose a data quality model specific to the logistic chain domain and a distributed traceability architecture. The evaluation of the proposal shows the capacity of the proposed method to assess the IoT data quality and ensure the user agreement on the data qualification rules. The proposed solution opens new opportunities in the development of automated logistic traceability systems.

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“…As a substitute for rewards, multiple work implement blockchain-based reputation systems [21,44,49,59,72]. While indicating trustworthy and malicious nodes, reputation system do not directly incentivize correct useful work and may suffer from large-scale collusion attacks.…”

Section: Related Workmentioning

confidence: 99%

Proof-of-Prestige: A Useful Work Reward System for Unverifiable Tasks

Król

Sonnino

Al-Bassam

et al. 2021

ACM Trans. Internet Technol.

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As cryptographic tokens and altcoins are increasingly being built to serve as utility tokens, the notion of useful work consensus protocols is becoming ever more important. With useful work consensus protocols, users get rewards after they have carried out some specific tasks useful for the network. While in some cases the proof of some utility or service can be provided, the majority of tasks are impossible to verify reliably. To deal with such cases, we design “Proof-of-Prestige” (PoP)—a reward system that can run directly on Proof-of-Stake (PoS) blockchains or as a smart contract on top of Proof-of-Work (PoW) blockchains. PoP introduces “prestige,” which is a volatile resource that, in contrast to coins, regenerates over time. Prestige can be gained by performing useful work, spent when benefiting from services, and directly translates to users minting power. Our scheme allows us to reliably reward decentralized workers while keeping the system free for the end-users. PoP is resistant against Sybil and collusion attacks and can be used with a vast range of unverifiable tasks. We build a simulator to assess the cryptoeconomic behavior of the system and deploy a full prototype of a content dissemination platform rewarding its participants. We implement the blockchain component on both Ethereum (PoW) and Cosmos (PoS), provide a mobile application, and connect it with our scheme with a negligible memory footprint. Finally, we adapt a fair exchange protocol allowing us to atomically exchange files for rewards also in scenarios where not all the parties have Internet connectivity. Our evaluation shows that even for large Ethereum traces, PoP introduces sub-millisecond computational overhead for miners in Cosmos and less than 0.013$ smart contract invocation cost for users in Ethereum.

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Reputation System for IoT Data Monetization Using Blockchain

Cited by 18 publications

References 19 publications

Validating the Adoption of Heterogeneous Internet of Things with Blockchain

Validating the Adoption of Heterogeneous Internet of Things with Blockchain

IoT Data Qualification for a Logistic Chain Traceability Smart Contract

Proof-of-Prestige: A Useful Work Reward System for Unverifiable Tasks

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