Block-chain Enabled Transaction Integrity for Industrial IOT

Abstract

The rapid advancement of IOT has caused a lot of device to get connected to the IOT. This has caused a humongous increase in IoT data. IOT users are facing issues with the security of their data and centralization; these issues can lead to the leakage of private data and causes the computation to slow down. IOT devices are very small and hence have no space for storage data, the data of IOT devices needs to be uploaded to the cloud servers which can be harmful for the users as their data can be analyzed by the service provider without user’s consent. This poses danger for the users as their private information can be leaked. The other issue of cloud server is the centralized data storage, this causes delay for the IOT devices and also make the devices vulnerable to attack. Our aim is to use block-chain based system in IIOT transactions that will help us overcome these issues and have decentralized storage as well as better security. This model will help us overcome the above mentioned issues and provide a head-way for future researches. We will be looking at different technologies that will help us in this endeavor. We will be looking to make the block-chain center of our research ad we will be using other technologies with block-chain. We are looking at IIOT because the usage of IOT in industries is very limited and the corresponding studies is even more limited. We wanted to provide a model that will make way for future researches and provide a platform that can be used to integrate IOT in the industries. One of our aims is to provide tighter security for the user’s data and to make sure of that, we will be using smart contracts. These contracts will make attacks on IOT’s and IIOT’s. These contracts will help us in securing our block-chain. No transaction of any kind will be done until the terms and conditions of the contract are met. The security is increased by the internal mechanism of the smart contracts as they will only be started when they reach a certain trigger moment. Edge computing will help us with the slowness of the IOT’s as it will help in overcoming the cloud servers. We are expecting that the servers will be provided by the edge nodes (storage hubs, processing units etc.). We will be introducing the concepts of 3-layers that will help us in dealing with the issue of slow computing. In short, we would like to make a model that will incorporate the technologies and concepts mentioned above so that we can overcome issues that are being faced in the industrial IOT’s. Our model should be able to provide better security, processing power, low latency and better transactions.