Proposal for IoT Implementation of a Distributed Ledger

Abstract

In this article we look through the task of ensuring availability and integrity of information processed within the Internet of things (IoT) networks. Such networks include sensors, actuators and other devices that are data sources, gateways and data stream hubs that transmit information from sensors to the Internet, and servers that store the received data, process them and provide access to users. We propose to apply distributed ledger technology (DLT) to ensure integrity and accessibility of data in IoT, which is why it is proposed. As an example, we consider DLT application for data protection in the energy industry. We consider a system for processing and storing data on the production and consumption of electricity in a decentralized electricity network. A review of existing projects related to the use of distributed ledger technologies in the energy sector is carried out. However, an important obstacle for using DLT in IoT is that IoT devices often do not have the required computing power. This paper indicates further ways of research that are associated with overcoming this obstacle in the application of distributed ledger technologies in the energy field.