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...

Full description

Bibliographic Details
Main Authors: Georgios Palaiokrassas, Petros Skoufis, Orfefs Voutyras, Takafumi Kawasaki, Mathieu Gallissot, Radhouene Azzabi, Akira Tsuge, Antonios Litke, Tadashi Okoshi, Jin Nakazawa, Theodora Varvarigou
Format: Article
Language:English
Published: MDPI AG 2021-10-01
Series:Computers
Subjects:
Online Access:https://www.mdpi.com/2073-431X/10/10/133
_version_ 1827679860216037376
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
work_keys_str_mv AT georgiospalaiokrassas combiningblockchainssmartcontractsandcomplexsensorsmanagementplatformforhyperconnectedsmartcitiesaniotdatamarketplaceusecase
AT petrosskoufis combiningblockchainssmartcontractsandcomplexsensorsmanagementplatformforhyperconnectedsmartcitiesaniotdatamarketplaceusecase
AT orfefsvoutyras combiningblockchainssmartcontractsandcomplexsensorsmanagementplatformforhyperconnectedsmartcitiesaniotdatamarketplaceusecase
AT takafumikawasaki combiningblockchainssmartcontractsandcomplexsensorsmanagementplatformforhyperconnectedsmartcitiesaniotdatamarketplaceusecase
AT mathieugallissot combiningblockchainssmartcontractsandcomplexsensorsmanagementplatformforhyperconnectedsmartcitiesaniotdatamarketplaceusecase
AT radhoueneazzabi combiningblockchainssmartcontractsandcomplexsensorsmanagementplatformforhyperconnectedsmartcitiesaniotdatamarketplaceusecase
AT akiratsuge combiningblockchainssmartcontractsandcomplexsensorsmanagementplatformforhyperconnectedsmartcitiesaniotdatamarketplaceusecase
AT antonioslitke combiningblockchainssmartcontractsandcomplexsensorsmanagementplatformforhyperconnectedsmartcitiesaniotdatamarketplaceusecase
AT tadashiokoshi combiningblockchainssmartcontractsandcomplexsensorsmanagementplatformforhyperconnectedsmartcitiesaniotdatamarketplaceusecase
AT jinnakazawa combiningblockchainssmartcontractsandcomplexsensorsmanagementplatformforhyperconnectedsmartcitiesaniotdatamarketplaceusecase
AT theodoravarvarigou combiningblockchainssmartcontractsandcomplexsensorsmanagementplatformforhyperconnectedsmartcitiesaniotdatamarketplaceusecase