BlockChain for IoT Security and Management: Current Prospects, Challenges and Future Directions

Abstract

The paper presents an in detailed case study of integrating BlockChain (BC) in IoT ecosystems in order to achieve security and privacy. Since the use in cryptocurrency, BlockChain has gained tremendous attraction due to the versatile application prospects it raises. As internet of things (IoT) is emerging towards the smart city requirements, device or data security seems to be a major concern. Therefore, BlockChain based decentralized and distributed system can meet the privacy preserving management in IoT ecosystems. In this paper, we discuss the necessity of utilizing BlockChain for IoT security, privacy, management. We present a literature overview of current progresses and security enhancement in sensor networks using BlockChain; their scope, prospects and limitations as well. Finally, we suggest some future directions to indicate further areas of improvement.