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CBCIoT: a consensus algorithm for blockchain-based IoT applications

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posted on 2021-12-07, 19:22 authored by Moin Uddin, Muhammad Muzammal, Muhammad Khurram Hameed, Ibrahim Tariq Javed, Bandar Alamri, Noel Crespi
Internet of things is widely used in the current era to collect data from sensors and perform specific tasks through processing according to the requirements. The data collected can be sent to a blockchain network to create secure and tamper-resistant records of transactions. The combination of blockchain with IoT has huge potential as it can provide decentralized computation, storage, and exchange for IoT data. However, IoT applications require a low-latency consensus mechanism due to its constraints. In this paper, CBCIoT, a consensus algorithm for blockchain-based IoT applications, is proposed. The primary purpose of this algorithm is to improve scalability in terms of validation and verification rate. The algorithm is developed to be compatible with IoT devices where a slight delay is acceptable. The simulation results show the proposed algorithm’s efficiency in terms of block generation time and transactions per second.

Funding

Study on Aerodynamic Characteristics Control of Slender Body Using Active Flow Control Technique

Japan Society for the Promotion of Science

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History

Publication

Applied Sciences.;11, 11011

Publisher

MDPI

Note

peer-reviewed

Other Funding information

SFI, Horizon 2020, ERC, ERC

Language

English

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