BLOCKCHAIN ON IOT

FYP 1 PROGRESS
BLOCKCHAIN
• It is a digital ledger that is
• Decentralized
• Not stored in one place, thus it has no centre. It is stored across many different machine.
• Peer-to-peer networks as there there are no third parties involved.
• Public
• All the information on a blockchain is public. This means that everyone can see it.
• Guided by Consensus
• This means that before new information is added to the blockchain, more than half of the
nodes have to agree that it is valid before it is added.
• It protects the blockchain from fraud
• Immutable
• This means that once information is added it can’t be changed or removed. Information on a
blockchain is protected by This means that it is encrypted and nearly impossible to hack.
Block

• Index: To know the block number.

• Timestamp: To know the time of
creation.
• Data: The data inside the block.
• Previous Hash: The hash of the
previous block.
• Hash: The Hash of the current
block.
Implement in IoT
• The main reason for implementing blockchain in IoT is due to security.
• The example of possible IoT field :
• SMART house
• SMART car
• Tracking and Monitoring System
Next step
• Implement blockchain in the raspberry-pi.