- Book Chapter
- 10.71443/9788197933653-13
Emerging Trends in Blockchain and IoT Innovations Shaping the Future of Secure Connected Devices
- Dec 27, 2024
- Dinesh V + 1 more +1
The integration of Blockchain technology into Internet of Things (IoT) ecosystems has emerged as a transformative approach to address critical security and privacy challenges in connected devices. This chapter explores the innovative convergence of Blockchain and IoT, focusing on the enhancement of data security, privacy, and trust through decentralized solutions. By leveraging the immutable and transparent nature of Blockchain, IoT networks can achieve secure, efficient, and automated data exchanges. The chapter delves into key Blockchain trends that are shaping IoT security, including decentralized identity management, smart contracts, and consensus mechanisms, while addressing the specific challenges of resource-constrained IoT devices. The use of advanced cryptographic techniques such as encryption, Zero-Knowledge Proofs, and homomorphic encryption ensures that sensitive data remains private and secure. The application of Blockchain in facilitating secure data sharing, device authentication, and access control was discussed, alongside the potential of permissioned blockchains to balance privacy with scalability. The chapter concludes by identifying the future directions for Blockchain and IoT innovations, emphasizing their role in the evolution of secure, autonomous, and scalable connected environments.
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