Secure IoT with Blockchain: Fad or Reality? [BOF5490]
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In Gartner’s “Hype Cycle for Emerging Technologies, 2015,” the Internet of Things and cryptocurrencies are both in the “Peak of Inflated Expectation” category, considered to be “world-changing technologies” that can change forever how we interact with things and money. How about joining both techs in the same use cases? Can you have secure IoT with the blockchain technology (the underlying tech of Bitcoin and other cryptocurrencies)? Attend this session to explore together the possibilities and see what’s real and what’s not worth a dime.
![@leomrlima#J1Blockchain
Secure IoT with Blockchain: Fad or
Reality? [BOF5490]
Leonardo Lima
@leomrlima
http://v2com.mobi](https://image.slidesharecdn.com/j1-2016-bof5490-iot-blockchain-160927112314/85/Secure-IoT-with-Blockchain-Fad-or-Reality-BOF5490-1-320.jpg)
![@leomrlima#J1Blockchain
About me
Leonardo Lima
•Computer engineer, server & embedded SW developer
•From São Paulo, Brasil, now in Austin, TX
•CTO at
•Spec Lead – JSR363
•V2COM’s Representative at JCP Executive Committee
[www.linkedin.com/in/leomrlima]](data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7)
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Secure IoT with Blockchain: Fad or Reality? [BOF5490]
- 1. @leomrlima#J1Blockchain Secure IoT with Blockchain: Fad or Reality? [BOF5490] Leonardo Lima @leomrlima http://v2com.mobi
- 2. @leomrlima#J1Blockchain About me Leonardo Lima •Computer engineer, server & embedded SW developer •From São Paulo, Brasil, now in Austin, TX •CTO at •Spec Lead – JSR363 •V2COM’s Representative at JCP Executive Committee [www.linkedin.com/in/leomrlima]
- 3. @leomrlima#J1Blockchain Agenda IoT and Blockchain hype What is Blockchain? How does Blockchain enable security? IoT & Blockchain For Payments For Contracts The future with Java
- 4. @leomrlima#J1Blockchain IoT and Blockchain in the hype
- 6. @leomrlima#J1Blockchain Blockchain is… A decentralized distributed database The underlying technology of Bitcoin Allows anonymous, but trusted transactions
- 7. @leomrlima#J1Blockchain Blockchain isn’t… A cryptography (or security) framework The savior against all security problems (just look at how many different ”heists” we got…)
- 8. @leomrlima#J1Blockchain How the blockchain works Digital Signatures Hashing Proof of Work Mining operations
- 9. @leomrlima#J1Blockchain Blockchain versions 1.0 is currency 2.0 is contracts 3.0 is beyond
- 11. @leomrlima#J1Blockchain HOW DOES BLOCKCHAIN ENABLE SECURITY?
- 12. @leomrlima#J1Blockchain Let’s first define security When talking about security, it can be VERY broad. ”Security is the condition of the system being protected from unintended or unauthorized access, change or destruction.” ”Confidentiality is the property that information is not made available or disclosed to unauthorized individuals, entities or processes.” ”Integrity ensures that improper information modification or destruction is guarded against. ” ”Availability is the property of on-demand, timely and reliable access to and use of information by an authorized user.”
- 13. @leomrlima#J1Blockchain Security & blockchain Blockchain enables INTEGRITY It also enables AVAILABILITY
- 15. @leomrlima#J1Blockchain Payments Things paying for things Microtransactions
- 16. @leomrlima#J1Blockchain Smart Contracts Contracts that execute themselves entirely autonomously when certain conditions are met. An auction might automatically transfer deeds of ownership to the highest bidder after a certain time has elapsed, or father's contract might automatically send his son a set amount of money every year on his birthday. This contains real code that is executed when conditions are met.
- 17. @leomrlima#J1Blockchain Traceability Understanding where each resource comes from Real-time, reliable tracking of resources
- 19. @leomrlima#J1Blockchain What you can do now? https://bitcoinj.github.io/ IBM’s Hyperledger is coded in Java, and you already can work with Go lang (with Java coming soon?) Microsoft Azure is very active in bringing blockchain to the masses.
- 20. @leomrlima#J1Blockchain Fad or Reality? It’s not a a reality… ... Nor a fad. It’s coming and for many use cases it will make sense.
Editor's Notes
- In Gartner’s “Hype Cycle for Emerging Technologies, 2015,” the Internet of Things and cryptocurrencies are both in the “Peak of Inflated Expectation” category, considered to be “world-changing technologies” that can change forever how we interact with things and money. How about joining both techs in the same use cases? Can you have secure IoT with the blockchain technology (the underlying tech of Bitcoin and other cryptocurrencies)? Attend this session to explore together the possibilities and see what’s real and what’s not worth a dime.
- Explain what does it means to be in the hype part
- Bitcoin 1.0 is currency - the deployment of cryptocurrencies in applications related to cash such as currency transfer, remittance, and digital payment systems. Bitcoin 2.0 is contracts - the whole slate of economic, market, and financial applications using the blockchain that are more extensive than simple cash transactions like stocks, bonds, futures, loans, mortgages, titles, smart property, and smart contracts Bitcoin 3.0 is blockchain applications beyond currency, finance, and markets, particularly in the areas of government, health, science, literacy, culture, and art.
- Another view of blockchain technologies https://github.com/Azure/azure-blockchain-projects/blob/master/bletchley/images/evolution.png