Distributed Ledger Technologies for IoT and Business DApps

Abstract

The scope of the existing distributed ledger technologies is divergent in terms of technological features, as well as in their acceptance among the user and developer communities. In this paper, we propose a set of diverse criteria for the evaluation of a distributed ledger ecosystem, which does not focus only on the technological aspects of viable solutions. They also consider decentralized application development perspective and sustainability of its use. We provide a brief overview of some of the alternative distributed ledger ecosystems for the development and deployment of business and IoT decentralized applications. The set of investigated technologies and networks includes Ethereum, Hyperledger, Hedera Hashgraph, EOS, Corda, IOTA, and Multichain.