Abstract
In blockchain technology, there is no central authority controlling what happens, but there is a need for a consensus between more than half of the participants who check and validate the transaction. The IoT enables intelligent interconnection between these devices, everywhere through the internet. The use of IoT enhances the use of solutions based on Blockchain guarantee that certain information or transaction is really “true” to be recorded in the Blockchain, comes through verification, and in that sense IoT sensors can generate the evidence necessary that a certain fact happened, guaranteeing the veracity of each transaction registered. The blockchain's differential, makes these devices communicate without the need for a central unit to identify them, eliminating the need for this “central agent” to approve and validate transactions. Therefore, this chapter aims to provide an updated overview of Blockchain and IoT technologies, showing the fundamentals of this disruptive technology, demonstrating where integration between IoT and Blockchain is important, and featuring the potential of technologies.
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França, R.P., Bonacin, R., Monteiro, A.C.B., Arthur, R. (2023). Blockchain and IoT in the Modern Digital Age. In: Al-Sharafi, M.A., Al-Emran, M., Tan, G.WH., Ooi, KB. (eds) Current and Future Trends on Intelligent Technology Adoption. Studies in Computational Intelligence, vol 1128. Springer, Cham. https://doi.org/10.1007/978-3-031-48397-4_22
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