Explore the use cases of blockchain in IOT. Here we gonna discuss how blockchain can be used in IOT with advanced benefits.

1. Blockchain In IOT
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2. Risks and Challenges in IoT
● Centralized Storage
Every data in current IOT model is passed through the common cloud storage, and this data
transmission often needs to happen with the help of the central cloud server. The truth here is, the
centralized cloud storage is not that much tamper-proof and secured to store digitally processed data.
● Easy to Hack
IOT networks constantly share information back and forth across the internet. Hacking could be easy as
it relies on a centralized server, and there may be a chance of occurring DDoS Attacks( Distributed
Denial of Service ) Attacks.
● High Infrastructure and Maintenance Cost.
As we discussed above, IoT networks are dependent on cloud servers, large server farms, and other
networking equipment, it will require a high-level infrastructure and also requires maintenance cost. In
the future, there will be a lot of IoT devices implementation and there will be a lot of communications
could be shared between the nodes. This kind of increasing data on the server could exploit the entire
IoT Networks and this will be the major problem in current traditional IOT communication model.

3. Risks and Challenges in IoT
● Current System is Not Sustainable for Future Growth of IoT Devices
The current IoT Model is not fully supportive to expand the IoT devices connected network. There
expected, billions of devices to join IoT networks in the future. Since the entire current IoT model
depends on a centralized cloud server, it will compromise some of the weak points like scalability,
security, and maintenance cost.
● Slow Data Processing
The centralized cloud data communication model is just similar to a general server/client data model.
So, there will be a chance of slow data processing when the server got dumped with huge data.

4. Blockchain Use Cases in IoT
The current IoT Communication model fully relies on centralized data storing. So there will be a lot of
chances of a single point of failure may affect the entire network. But with a peer to peer communication
model with blockchain we can mitigate those single points of failures. Integrating blockchain and peer to
peer data communication with IoT can help us to distribute the data communication and storage across
all nodes. Blockchain enables the distributed file sharing, so, every node will have a copy of the data.
So, in the blockchain, it is impossible to hack the entire network, even if there is a point of failure in a
single node.
● Scalability
Since blockchain provides the feasibility to connect billions of devices and provides, it will stand unique
from the traditional server/client model. So blockchain provides a promising future for IoT with
sustainable scalability.
● Smart Contracts Enabled Data Transfers
Smart contracts enable all devices to function securely and also autonomously since it creates
agreements which are generated only after the completion of some specific requirements.

5. Blockchain Use Cases in IoT
● Decentralization
Decentralization ensures the computation and storage are spread across the millions of connected
nodes. So, therefore, there will be no server failure to exist.
● Security
Blockchain uses cryptographic algorithms, this ensures the system data, and consumer data to be
secured and also confidential too.
● Interoperability
Blockchain with IoT can enable cross-chain methodology to secure, and trackable communication
between the connected devices.

6. Conclusion
Hope we had a lot of information regarding blockchain use cases in IoT. Blockchain could be the best
option for IOT Network to keep the data secured, interoperable, immutable and to make them
tamper-proof. We at Bitdeal - a Blockchain Development Company having a separate team of
blockchain enthusiasts who are passionate about implementing blockchain technology for various
industries. We serve our clients, startups, and industries to move their business into a secured peer to
peer networks.

7. Contact US
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