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CBCIoT: a consensus algorithm for blockchain-based IoT applications

Date
2021
Abstract
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.
Supervisor
Description
peer-reviewed
Publisher
MDPI
Citation
Applied Sciences.;11, 11011
Collections
Lero - The Science Foundation Ireland Research Centre for Software
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Alamri_2021_CBCIoT.pdf
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Keywords
blockchain, Internet of Things
ULRR Identifiers
https://hdl.handle.net/10344/10847
 https://doi.org/10.34961/490
Funding code
Funding Information
Science Foundation Ireland (SFI), Horizon 2020, European Research Council (ERC)
Sustainable Development Goals
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