Combining Blockchains, Smart Contracts, and Complex Sensors Management Platform for Hyper-Connected SmartCities: An IoT Data Marketplace Use Case
In this paper, we demonstrate the multiple points of innovation when combining blockchain technology with Internet of Things (IoT) and security frameworks. The deployment and use of IoT device networks in smart city environments has produced an enormous amount of data. The fact that those data are p...
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MDPI AG
2021-10-01
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Series: | Computers |
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Online Access: | https://www.mdpi.com/2073-431X/10/10/133 |
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author | Georgios Palaiokrassas Petros Skoufis Orfefs Voutyras Takafumi Kawasaki Mathieu Gallissot Radhouene Azzabi Akira Tsuge Antonios Litke Tadashi Okoshi Jin Nakazawa Theodora Varvarigou |
author_facet | Georgios Palaiokrassas Petros Skoufis Orfefs Voutyras Takafumi Kawasaki Mathieu Gallissot Radhouene Azzabi Akira Tsuge Antonios Litke Tadashi Okoshi Jin Nakazawa Theodora Varvarigou |
author_sort | Georgios Palaiokrassas |
collection | DOAJ |
description | In this paper, we demonstrate the multiple points of innovation when combining blockchain technology with Internet of Things (IoT) and security frameworks. The deployment and use of IoT device networks in smart city environments has produced an enormous amount of data. The fact that those data are possessed by multiple sources that use independent systems for data collection, storage, and use impedes the exploitation of their value. Blockchains, as distributed ledgers, can be used for addressing the development of a universal system for data collection and distribution. Smart contracts can be used to automate all the processes of such a network, while at the same time, blockchain and the InterPlanetary File System (IPFS) protect sensitive data through anonymity and distributed storage. An innovative and open IoT blockchain market of applications, data, and services is proposed that: (i) provides the framework upon which objects and people can exchange value in form of virtual currencies, for assets (data and services) received; (ii) defines the motivation incentives according to social and business context for humans and smart objects to interact. The specific marketplace is piloted through a cross-border trial between Santander and Fujisawa, in the context of the M-Sec project, validating thus the interoperability, efficiency, and data protection principles. |
first_indexed | 2024-03-10T06:39:03Z |
format | Article |
id | doaj.art-ee6d783d425b4529bec33c51350331d9 |
institution | Directory Open Access Journal |
issn | 2073-431X |
language | English |
last_indexed | 2024-03-10T06:39:03Z |
publishDate | 2021-10-01 |
publisher | MDPI AG |
record_format | Article |
series | Computers |
spelling | doaj.art-ee6d783d425b4529bec33c51350331d92023-11-22T17:52:23ZengMDPI AGComputers2073-431X2021-10-01101013310.3390/computers10100133Combining Blockchains, Smart Contracts, and Complex Sensors Management Platform for Hyper-Connected SmartCities: An IoT Data Marketplace Use CaseGeorgios Palaiokrassas0Petros Skoufis1Orfefs Voutyras2Takafumi Kawasaki3Mathieu Gallissot4Radhouene Azzabi5Akira Tsuge6Antonios Litke7Tadashi Okoshi8Jin Nakazawa9Theodora Varvarigou10School of Electrical and Computer Engineering, National Technical University of Athens, 15773 Athens, GreeceSchool of Electrical and Computer Engineering, National Technical University of Athens, 15773 Athens, GreeceSchool of Electrical and Computer Engineering, National Technical University of Athens, 15773 Athens, GreeceFaculty of Environment and Information Studies, Keio University, Endo, Fujisawa 252-0882, JapanElectronics and Information Technology Laboratory, Université Grenoble Alpes, CEA, LETI, DSYS, F-38000 Grenoble, FranceCEA, CEA Tech en Occitanie, 51 Rue de l’Innovation, F-31670 Labège, FranceFaculty of Environment and Information Studies, Keio University, Endo, Fujisawa 252-0882, JapanSchool of Electrical and Computer Engineering, National Technical University of Athens, 15773 Athens, GreeceFaculty of Environment and Information Studies, Keio University, Endo, Fujisawa 252-0882, JapanFaculty of Environment and Information Studies, Keio University, Endo, Fujisawa 252-0882, JapanSchool of Electrical and Computer Engineering, National Technical University of Athens, 15773 Athens, GreeceIn this paper, we demonstrate the multiple points of innovation when combining blockchain technology with Internet of Things (IoT) and security frameworks. The deployment and use of IoT device networks in smart city environments has produced an enormous amount of data. The fact that those data are possessed by multiple sources that use independent systems for data collection, storage, and use impedes the exploitation of their value. Blockchains, as distributed ledgers, can be used for addressing the development of a universal system for data collection and distribution. Smart contracts can be used to automate all the processes of such a network, while at the same time, blockchain and the InterPlanetary File System (IPFS) protect sensitive data through anonymity and distributed storage. An innovative and open IoT blockchain market of applications, data, and services is proposed that: (i) provides the framework upon which objects and people can exchange value in form of virtual currencies, for assets (data and services) received; (ii) defines the motivation incentives according to social and business context for humans and smart objects to interact. The specific marketplace is piloted through a cross-border trial between Santander and Fujisawa, in the context of the M-Sec project, validating thus the interoperability, efficiency, and data protection principles.https://www.mdpi.com/2073-431X/10/10/133blockchainEthereumsmart contractsinternet of thingssensing as a servicesystem integration |
spellingShingle | Georgios Palaiokrassas Petros Skoufis Orfefs Voutyras Takafumi Kawasaki Mathieu Gallissot Radhouene Azzabi Akira Tsuge Antonios Litke Tadashi Okoshi Jin Nakazawa Theodora Varvarigou Combining Blockchains, Smart Contracts, and Complex Sensors Management Platform for Hyper-Connected SmartCities: An IoT Data Marketplace Use Case Computers blockchain Ethereum smart contracts internet of things sensing as a service system integration |
title | Combining Blockchains, Smart Contracts, and Complex Sensors Management Platform for Hyper-Connected SmartCities: An IoT Data Marketplace Use Case |
title_full | Combining Blockchains, Smart Contracts, and Complex Sensors Management Platform for Hyper-Connected SmartCities: An IoT Data Marketplace Use Case |
title_fullStr | Combining Blockchains, Smart Contracts, and Complex Sensors Management Platform for Hyper-Connected SmartCities: An IoT Data Marketplace Use Case |
title_full_unstemmed | Combining Blockchains, Smart Contracts, and Complex Sensors Management Platform for Hyper-Connected SmartCities: An IoT Data Marketplace Use Case |
title_short | Combining Blockchains, Smart Contracts, and Complex Sensors Management Platform for Hyper-Connected SmartCities: An IoT Data Marketplace Use Case |
title_sort | combining blockchains smart contracts and complex sensors management platform for hyper connected smartcities an iot data marketplace use case |
topic | blockchain Ethereum smart contracts internet of things sensing as a service system integration |
url | https://www.mdpi.com/2073-431X/10/10/133 |
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