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Blockchain Technology for Intelligent Environments

Author

Listed:
  • Spyros Voulgaris

    (Department of Informatics, Athens University of Economics and Business, 10434 Athens, Greece)

  • Nikos Fotiou

    (Department of Informatics, Athens University of Economics and Business, 10434 Athens, Greece)

  • Vasilios A. Siris

    (Department of Informatics, Athens University of Economics and Business, 10434 Athens, Greece)

  • George C. Polyzos

    (Department of Informatics, Athens University of Economics and Business, 10434 Athens, Greece)

  • Mikael Jaatinen

    (Ericsson, 00240 Helsinki, Finland)

  • Yannis Oikonomidis

    (Synelixis Solutions SA, 14343 Athens, Greece)

Abstract

In the last few years, we have been witnessing the convergence of the physical with the digital world. The Internet of Things (IoT) is progressing at a fast pace, and IoT devices are becoming pervasive in our physical environments, bringing the vision of Intelligent Environments closer to reality. At the same time, the newly-introduced blockchain technology is offering for the first time ever cryptographically proven trust based on a set of mutually untrusted nodes. Blockchain technology thus has the potential to become a key component of many IoT systems, offering them an unprecedented level of accountability, transparency, and reliability. This paper first lays out the principles on which blockchain systems are operating, along with descriptions of the most noteworthy blockchain implementations. It then presents a number of systems through which blockchains may interact with external systems and third-party data sources. Finally, it provides a survey of the state-of-the-art blockchain-based systems targeting IoT applications.

Suggested Citation

  • Spyros Voulgaris & Nikos Fotiou & Vasilios A. Siris & George C. Polyzos & Mikael Jaatinen & Yannis Oikonomidis, 2019. "Blockchain Technology for Intelligent Environments," Future Internet, MDPI, vol. 11(10), pages 1-24, October.
    • Handle: RePEc:gam:jftint:v:11:y:2019:i:10:p:213-:d:275544
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    References listed on IDEAS

    as
    1. Henry M. Kim & Marek Laskowski, 2018. "Toward an ontology‐driven blockchain design for supply‐chain provenance," Intelligent Systems in Accounting, Finance and Management, John Wiley & Sons, Ltd., vol. 25(1), pages 18-27, January.
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    Cited by:

    1. Menghua Wang & Xuedong Liang & Zhi Li, 2021. "Research on the Evaluation Index System of the Soil Remediation Effect Based on Blockchain," Land, MDPI, vol. 10(11), pages 1-22, November.
    2. Shams Mhmood Abd Ali & Mohd Najwadi Yusoff & Hasan Falah Hasan, 2023. "Redactable Blockchain: Comprehensive Review, Mechanisms, Challenges, Open Issues and Future Research Directions," Future Internet, MDPI, vol. 15(1), pages 1-27, January.

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